Yet another small energy supplier in the UK has gone out of business, with Our Power’s closure affecting around 38,000 customers.
Continue ReadingEnergy Price Cap Set to Increase from April, Says Ofgem CEO
Written by Lauren Smith in Energy Suppliers
Millions of households will see their energy bills rise from April, when the new price cap on default and standard variable tariffs will…
Continue Reading235,000 new customers will be taken on by OVO Energy, following the collapse of Economy Energy last week.
Continue ReadingEconomy Energy Goes Into Administration After New Customer Ban
Written by Lauren Smith in Energy Suppliers
Small supplier Economy Energy has collapsed just days after regulator Ofgem banned it from taking on new customers for three months. The ban…
Continue ReadingThree renewable energy suppliers have been granted temporary derogations from the energy price cap that came into effect at the beginning of the…
Continue ReadingThe government and Ofgem’s energy price cap came into force at midnight on 1 January, limiting energy costs for those on standard variable…
Continue ReadingOfgem Proposals Could See Energy Bills Cut by £45
Written by Fiona Dattan in Electricity Energy Suppliers
New limits placed on the amount payable to shareholders could see consumers saving £45 a year.
Continue ReadingTwo of the UK’s ‘Big Six’ energy firms have cancelled their planned merger due to ‘challenging market conditions’.
Continue ReadingScottish Power has been appointed by Ofgem to take on Extra Energy’s customers after the latter ceased trading last week.
Continue ReadingExtra Charges Could Hit Households Generating Their Own Electricity
Written by Harry in Climate Change Electricity
New proposals from energy regulator Ofgem could see homes and businesses pay extra charges for generating their own electricity.
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