Firm tells customers it will switch them to another supplier unless they objectThe UK household electricity company Omni Energy has said it expects to become the 13th energy supplier to go bust this year, unless the gas price crisis eases before winter…
Ofgem opens overcharging inquiry into two electricity producers
Regulator is examining if EP SHB and SSE Generation billed the grid too much to cut their production levelsOfgem is investigating two companies to find out if they overcharged the grid to lower their production levels.The energy regulator said it was l…
Customers of collapsed UK energy suppliers to be moved to E.ON
Ofgem announcement comes as rising gas and electricity prices continue to cause turmoil in sectorMore than 230,000 customers from three collapsed energy suppliers will move to E.ON under plans agreed by the industry watchdog, as soaring wholesale gas a…
‘Desperate choices’ this winter as three more UK energy suppliers toppled by price surge
Citizens Advice says consumers moved to new supplier likely to pay extra £30 a month Households are facing “desperate choices” this winter, with energy bills rising by £30 a month for those who have had to switch supplier owing to a wave of energy comp…
1.9m UK homes lose supplier after two more gas firms go bust
The collapse of Avro Energy and Green means nine suppliers have been lost this yearThe UK gas crisis has claimed another two energy companies, bringing the total number of households that have lost their supplier this year to almost 2m.The regulator, O…
Kwarteng to hold emergency meeting with gas chiefs over price crisis
Business secretary says he will let small suppliers go bust to protect consumers from higher pricesKwasi Kwarteng, the business secretary, will hold an emergency summit with gas industry chiefs on Monday morning in an effort to contain the fallout caus…
Business minister bids to calm crisis fears as UK gas prices soar
No cause for alarm now, says Kwasi Kwarteng as energy discussions are likened to early Covid crisis talksThe government was scrambling on Saturday night to reassure Britons that rising gas prices would not plunge the country into an energy crisis, as m…
Electric cars: Ofgem plans easier way for drivers to sell energy back to grid
Proposal by Great Britain’s regulator is to help make the switch from fossil fuel cars more affordableOfgem plans to make it easier for electric vehicle drivers to sell the energy stored in their car batteries back to power grid as part of a move to he…
The Guardian view on energy bills: a price hike that threatens millions | Editorial
Raising the cap on gas and electricity charges will have a societal impact across Britain – and a political one tooThe energy regulator Ofgem sounded apologetic as it announced another big rise in the industry’s price cap on Friday. It was right to do …
To the family choosing whether to heat or eat, the energy cap isn’t ‘fair’ at all
The Ofgem price cap is set to rise to unaffordable levels for households let down by this government’s energy failuresWhen the nights begin to draw in this winter, millions of homes across the country will find themselves left out in the cold thanks to…