Office of Gas and Electricity Markets
United Kingdom government non-ministerial department
Office of Gas and Electricity Markets ▸ Facts ▸ Comments ▸ News ▸ Videos
The Office of Gas and Electricity Markets (Ofgem), supporting the Gas and Electricity Markets Authority (GEMA), is the government regulator for the electricity and downstream natural gas markets in Great Britain. It was formed by the merger of the Office of Electricity Regulation (OFFER) and Office of Gas Supply (Ofgas).
| 0 shares | ShareTweetSavePostSend |
![Centrica boss ‘gutted’ at findings of undercover investigation [Video]](https://video.newsserve.net/300/v/20230202/1347546242-Centrica-boss-gutted-at-findings-of-undercover-investigation.jpg) Centrica boss ‘gutted’ at findings of undercover investigation Credit: ODN Duration: 00:18Published | |
You Might Like
Ofgem investigating regulation breaches after energy costs for care providers rise by up to 500%. Ofgem is investigating breaches of its regulations after social care providers reported energy cost increases as high as 500%. Sky News - Published | |
Energy price cap expected to fall - but bills will continue to rise Ofgem is expected to announce that it will drop its cap on the amount energy suppliers can charge by around £1,000 - but bills could still rise by an average of £500.Sky News - Published | |
Ministers spark energy regulator board overhaul amid prepayment meter scandal The government is preparing to replace a slate of Ofgem's directors this year as the energy regulator faces intense criticism over its handling of the prepayment meters scandal.Sky News - Published | |
Ofgem considers fining firms and making them compensate customers over forced meter installations The energy regulator is consider fining firms and making them compensate customers if they did not follow rules around the installation of pre-paid meters.Sky News - Published | |
Energy bills set to rise by 20% despite expected fall in price cap Bills will rise by an estimated £500 a month despite an expected reduction in Ofgem's household energy cap, analysts expect.Sky News - Published | |
End to forced installation of energy prepayment meters is temporary, Ofgem revealsOfgem has revealed that the end of forced installation of controversial energy prepayment meters only extends until the end of March.Sky News - Published | |
Business secretary tells Ofgem to toughen up over handling of prepayment meter scandalBusiness Secretary Grant Shapps has hit out at Ofgem for listening to energy company bosses over customers, following the forceful installation of prepayment meters.Sky News - Published | |
Ofgem tells suppliers to suspend the forced installation of prepayment metres, Sky News understandsThe energy regulator Ofgem has asked suppliers to suspend the forced installation of prepayment metres and review their processes for dealing with customers who have fallen into arrears.Sky News - Published | |
How do prepayment meters work and why is there a crackdown on them? Too many people are on pay-as-you-go energy meters that risk them being cut off paying more, Ofgem, charities and the government have said.Sky News - Published | |
Households paying £94 extra on energy bills because Ofgem was 'too slow to act' - watchdog Ofgem's failure to effectively regulate energy suppliers since 2018 has "come at a considerable cost" to British households, a watchdog report has found.Sky News - Published | |
'We will pull together, that's all we can do': Coping with the cost of living crisis Ofgem has announced the energy price cap will rise to £3,549 from the beginning of October, thrusting higher bills upon millions of households across the country.Sky News - Published | |
Ofgem director quits over energy price cap changeAn Ofgem director has quit over the electricity and gas regulator's decision to change the way it calculates the energy price cap, which she said will lead to much higher bills.Sky News - Published | |
Energy price cap expected to rise by £830 in October, says Ofgem chiefThe UK's energy price cap is expected to rise in October to around £2,800, Ofgem's chief executive says.Sky News - Published | Martin Lewis apologises for calling Ofgem a 'f***ing disgrace' over energy prices Consumer champion Martin Lewis has apologised after ranting at energy staff, calling proposed changes to the energy price cap a "f***ing disgrace".Sky News - Published |
More should have been done to help 1 million homes without power in storm last year, Ofgem report says As Storm Eunice barrels towards the South West of England, the UK's energy watchdog has issued an initial report on the impact of Storm Arwen last November, which left more than a million homes without..Sky News - Published | Millions face average £693 energy bill hike as Ofgem lifts price capMillions of households will see their energy bills rise to a typical £1,971 a year after regulator Ofgem increased its price cap by 54%.Sky News - Published |
Chancellor expected to offer help to hard up families as Ofgem announces huge energy price hikes Chancellor Rishi Sunak is expected to respond on Thursday to growing pressure for him to help millions of households struggling with the increasing cost of living.Sky News - Published | What is the energy price cap and why will bills rise so sharply? Energy regulator Ofgem will today reveal the new level of the price cap that applies to average dual-fuel bills.Sky News - Published |
New energy price cap set to push over a quarter of households into fuel poverty - which areas will be worst hit? More than one in four UK households will be in fuel poverty once Ofgem's latest energy price cap rise comes into effect, according to estimates from the Resolution Foundation.Sky News - Published | Ofgem considers changes to price cap as gas costs continue to challenge suppliers The energy regulator will conduct a consultation on how it caps bills, as many suppliers continue to struggle with increasing gas prices.Sky News - Published |
Goto Energy becomes 13th supplier to collapse as gas prices surge Goto Energy has become the latest supplier to cease trading amid surging wholesale gas prices, regulator Ofgem said.Sky News - Published | Energy watchdog Ofgem braced for fresh wave of supplier collapses Ofgem, the energy regulator, is braced for a fresh wave of supplier collapses this week as the crisis engulfing the industry continues to accelerate.Sky News - Published |
Soaring gas prices may not be temporary and more suppliers could go bust, Ofgem chief warnsSoaring gas prices may not be temporary and more energy suppliers could go out of business in the coming months, the chief executive of Ofgem has warned.Sky News - Published | Millions to see energy bills rise by up to £139 as Ofgem hikes price capAround 15 million families will see their energy bills soar by up to £139 after the regulator hiked the price cap by the biggest increase yet.Sky News - Published |
