Energy bills to rise £108 by 2031 for grid upgrades
Ofgem announces a £28bn energy infrastructure investment, adding £108 to average household bills by 2031. Get the full breakdown of costs and government support.
Category : Search result: Ofgem
£28bn UK Grid Upgrade to Add £30 to Annual Bills
Ofgem greenlights a £28bn upgrade to Britain's gas and electricity networks. The investment, funded via bills, aims to boost grid capacity but will add around £30 per year to household costs by 2031.
Greenpeace urges Ofgem to protect billpayers from energy hikes
Greenpeace calls on Ofgem to regulate energy grid upgrades, preventing unnecessary bill increases and ensuring value for money as the UK transitions to clean energy.
Ovo Energy's Fall from Grace and Financial Struggle
Ovo Energy, once the UK's green energy disruptor, faces a battle for survival. We examine its financial woes, executive exodus, and the controversial millions paid to its founder's company.
Electric car owners face £49 monthly cost increase
Millions of electric vehicle owners will pay extra £49 monthly from January as Ofgem raises energy price cap. Learn how to reduce charging costs.
British Gas CEO Proposes Tax Shift to Cut Bills
Centrica CEO Chris O'Shea calls for energy levies to be moved to general taxation, saving households £200. He says he's 'happy to pay more' tax. Read the full story.
Ovo Energy Axes Hundreds of Jobs Amid Crisis
Struggling energy supplier Ovo prepares to cut several hundred jobs next week as part of urgent restructuring plan to convince regulators and secure £300m investment.
Energy price cap to rise in January 2026
Ofgem confirms a surprise 0.2% energy price cap increase from January 2026, pushing average bills to £1,758. Discover why costs are rising and how it affects you.
Energy price cap rises 0.2% despite falling wholesale costs
Ofgem announces a 0.2% rise in the energy price cap for January, as the minister admits 'no shortcut' to cutting bills. Discover why costs remain high and what's being done.
Energy price cap to rise by 0.2% this winter
Ofgem confirms a 0.2% energy price cap increase from January 1st. Discover how your electricity and gas bills will be affected and what you can do next.
Energy price cap rises despite falling wholesale costs
Households face higher energy bills as Ofgem increases price cap by 0.2% in January. Energy minister admits no shortcut to cutting costs despite election pledges.
Energy price cap rises to £1,758 from January
Ofgem announces a surprise energy price cap increase for January, pushing bills to £1,758. Campaigners warn this offers 'no help to struggling families' amid a £4.4bn energy debt crisis.
UK's £15bn October Borrowing as Energy Cap Set to Fall
Final UK economic health check before the budget reveals £15bn October borrowing, stagnant retail sales, and a slight energy price cap fall from January. Stay informed on the key data.
No quick fix for high energy bills, minister says
Energy bills remain 35% above pre-war levels despite falling wholesale prices. Minister Michael Shanks insists there's 'no shortcut' to reducing costs as green transition continues. Read the latest.
Energy price cap to fall 1% in January before rising
Ofgem's energy price cap is predicted to fall by just £22 annually in January 2026 before a £75 rise in April. Discover why bills remain high despite wholesale price drops.
UK Grid Upgrade Costs Threaten Consumer Bills
SSE's £33bn grid investment fuels shareholder gains while households and SMEs face potential 70% network charge increases. Discover the affordability crisis.
Tomato Energy Collapses - Ofgem Steps In
Another UK energy supplier enters administration, leaving customers protected under Ofgem's safety net. Here's what affected households need to know about switching and payments.
Energy Bill Refunds: How to Claim Your Money Back
Discover how millions of UK households could be owed refunds on their energy accounts and learn the simple steps to reclaim your money today.
£8bn in unclaimed energy credit - are you owed?
New research reveals UK households are sitting on £8 billion in unclaimed energy credit and refunds. Discover how to check if you're owed money and claim it back.
Energy firms hold £240m in customer credit - Ofgem
Ofgem investigation reveals energy suppliers are sitting on £240 million of customer credit from old accounts, with nearly two million households due refunds.
Energy bills to rise 5% as suppliers chase £500m debt
Millions of UK households are bracing for a double blow as energy bills are projected to rise by 5% while suppliers seek to recover nearly £500 million in customer debt through increased charges.
Ofgem to clear £3bn energy debt via bill increase
Millions of UK energy customers face a small bill increase as regulator Ofgem proposes clearing £3 billion in customer debt through a temporary charge, while also increasing support for vulnerable households.
Energy price cap rises to £1,928 from January
Millions of UK households face higher energy bills as Ofgem announces price cap increase, adding pressure to already stretched budgets during the cost of living crisis.
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