Ofgem

The National Audit Office says regulators, including those covering energy and water, have not been specific enough in defining the overall outcomes they want to achieve for consumers

The former decision is subject to Viking Energy Wind Farm being awarded subsidies through the Contract for Difference scheme

The regulator, however, ‘remains disappointed’ with the Big Six supplier’s conduct throughout this matter

They will be switched over to the Big Six supplier on 15th March following which they can shop around and switch again with no exit fees

More than 154,000 customers will see their tariffs rise to £1,254 a year, in line with Ofgem’s energy price cap

The supplier failed to pay into a fund when it did not source the required proportion of electricity from renewable sources

It is the 10th supplier to collapse over the last year

The supplier has failed to become a Data Communications Company user to help drive the installation of next generation SMETS2 smart meters

Innovators say the current system of regulation, which includes industry codes, ‘is standing in the way’

It follows an increase in tariffs by the Big Six suppliers and some smaller companies after Ofgem’s energy price cap rise