Ofgem News
Ofgem has appointed EDF to take on supplying Green Network Energy’s approximately 360,000 domestic customers and a small number of non-domestic customers. It has appointed British Gas Evolve, a trading name of British Gas Trading Ltd, to take on supplying Simplicity Energy's approximately 50,000 domestic customers. This follows a competitive process run by Ofgem to get the best deal possible for customers. competitive tariff EDF and British Gas Evolve are offeri...
EDF has stepped in to help customers left without a supplier after Green Network Energy ceased trading on 27 January 2021. The supplier will take on Green Network Energy’s 360,000 domestic customers as well as a smaller number of non-domestic customers, and has agreed to protect any money a customer may be owed. price decrease Existing customers’ credit on their accounts will be transferred across to their new account with EDF and it will repay customers who have already left Gree...
Ofgem has recommended the creation of an independent body to help lead the United Kingdom's (UK) path to net zero at the lowest cost to consumers. The body would be fully separated from the National Grid and run the electricity system, helping to charge millions of electric vehicles and enabling a huge increase in renewable power while maintaining secure energy supplies. Managing energy system The UK government committed to consult on reviewing the management of the energy system Last month,...
Ofgem has appointed Scottish Power to take on supplying Yorkshire Energy’s (also known as Daisy Energy) 74,000 domestic customers and a small number of non-domestic customers. This follows a competitive process run by Ofgem to get the best deal possible for customers. competitive tariff Scottish Power is offering customers a competitive tariff. Outstanding credit balances, including money owed to both existing and former domestic customers of Yorkshire Energy, will also be honored...
Ofgem has confirmed plans to strengthen protections for customers who are struggling to pay their energy bills in winter. Following a consultation in June, Ofgem is introducing new license rules for suppliers from 15 December. One will require suppliers to offer emergency credit to customers struggling to top up their prepayment meter, many of whom are likely to be in vulnerable circumstances. This could be because they temporarily cannot afford to top up or get to their local shop to top...
Ofgem is consulting on issuing seven suppliers with final orders to compel them to make £33,861,450.83 in outstanding payments owed to comply with the Renewable Obligations (RO) scheme and pay £158,814.47 in Feed-in Tariff (FIT) levelization payments. The seven suppliers are Co-Operative Energy Limited; Flow Energy Limited; MA Energy Limited; Nabuh Energy Limited; Robin Hood Energy Limited; Symbio Energy Limited; and Tonik Energy Limited. ROCs Under the governments’ R...
