Ofgem

The latest Ofgem news, features, videos and more from JOE.
Gas standing charges scrapped for 23 million UK homes in Budget

Gas standing charges scrapped for 23 million UK homes in Budget

Here’s what it means for UK households Millions of UK households will save up to £45 a year on their bills, as Chancellor John Healey will abolish gas standing charges from 2027 in his first Budget. After the change takes effect, around 23 million homes will stop paying the fixed daily fee on their gas […]

5 days ago

Energy UK urges government action on bills this winter

Energy UK urges government action on bills this winter

Why Energy UK says winter bills are rising again Energy UK has urged the government to act immediately on bills this winter. It warns inaction risks repeating the 2022 energy crisis. Suppliers’ trade body Energy UK says ministers must act now, or face a bigger, costlier crisis later. The warning follows October’s 4% rise in […]

1 month ago

Energy price cap rises today – here’s how to avoid paying hundreds more

Energy price cap rises today – here’s how to avoid paying hundreds more

All you need to know about the rise From Wednesday (1 October), there is a new energy price cap as the average annual energy bills rise by £60 for a typical household. For the next three months, the 4% rise in the energy price cap will see billpayers in a typical dual fuel home pay […]

1 month ago

Martin Lewis issues advice on how to save money ahead of energy price cap hike

Martin Lewis issues advice on how to save money ahead of energy price cap hike

It might come in handy Martin Lewis has said that the latest rise by Ofgem – which confirmed the UK’s energy price cap will go up by 4% on October 1, adding an extra £60 a year to the typical dual fuel bill – “would’ve been even worse” without the recent domestic electricity VAT cut. […]

2 months ago

Energy price cap rises 4% from October: What it means for your bills

Energy price cap rises 4% from October: What it means for your bills

Winter is about to get more expensive The latest price cap is set to make things even tighter for millions of households heading into winter. From 1 October, energy prices will rise by 4%, taking the typical annual dual-fuel bill to £1,723, about £60 more over the year, or an extra £5 a month. It […]

2 months ago

UK reveals ‘pylon project’ that could save you up to £2,500 in electricity bills

UK reveals ‘pylon project’ that could save you up to £2,500 in electricity bills

Households living near pylons could save on energy bills The UK Government reveals its plan to put in place new electric pylons in over 40 locations, as per gov.uk. Thousands of households are eligible for the discounted energy bills, however it does come with one condition. Households within 500 metres of the new pylons could […]

2 months ago