Ofgem

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Britain’s energy regulator said National Grid ESO failed to provide accurate forecasts for five months in 2017

That would result in around £65 per household on average being returned automatically, ensuring consumers paying by fixed direct debit do not overpay for their energy

The new price controls aim to cut emissions from cars and support more flexible local grids

The appeals largely focus on the allowed return on investment and the way Ofgem calculated the costs the companies would spend on maintaining and investing in their networks over the next five years

The group has invested £1.2 billion to own and operate the offshore transmission system connecting Hornsea 1 to the British mainland

Failures to protect customers’ tariff prices after energy switching led to an accumulative £7.2 million extra cost

EDF dual-fuel customers will pay £1,138, an increase of £96

Around 2.3m customers’ bills will rise to £1,138, the maximum amount suppliers can charge in line with Ofgem’s energy price cap

Funding bids will be assessed on value for money, short term grid capacity utilisation and how quickly the infrastructure and solutions can be completed, in support of the UK’s 2050 net zero goal