Ofgem’s new rules for £30bn network upgrade in force now

Ofgem’s new rules on how much energy network companies can charge to support more than £30 billion worth of infrastructure investment plans put forward by them have come into effect this week. The price controls, known as RIIO-ED1 (Revenue = Incentives + Innovation + Outputs-Electricity Distribution), determine the amount network operators can charge for their […]

Simplifying tariffs is the right first step

The Big Six has started to change the way it operates, which has been noted by consumer groups. Last night British Gas MD, Phil Bentley, conceded that they “had not made it easy for customers” and the confusing tariffs used by power suppliers were the cause for a lack of trust. Adam Scorer, Consumer Focus […]