Who is unhappy with Ofgem for its energy profits estimate?

A row threatens to break out after trade group Energy UK slammed Ofgem’s estimates of suppliers’ profits as “statistically biased and inaccurate”. It got the blow in ahead of the regulator publishing its monthly Supply Market Indicator (SMI) figures later today. The trade body has commissioned new research from independent consultancy NERA which claims Ofgem estimates for […]

DECC efficiency scheme may ‘cost double’

The Government’s new energy efficiency scheme could slap an extra £94 onto customers’ bills – double the amount previously estimated. That’s according to an independent report commissioned by trade body Energy UK into the Energy Company Obligation, which runs from January 2013 to March 2015. The ECO is replacing the CERT and CESP schemes which […]