The Industry Prepares for Ofgem’s TCR Changes

Non-domestic MPAN Line Loss Factors (LLFs) are changing to indicate new charging bands. Save hours of manual efforts to find new LLFs and charging bands for all your electricity MPANs by using a free tool by Enpaas

Ofgem: National Grid ESO must pay £1.5m for ‘inaccurate’ electricity demand forecasts

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

Ofgem proposes to make suppliers return £1.4bn credit balances to customers

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

Ofgem unveils plans to boost investment for local electricity networks

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

UK energy networks appeal against Ofgem’s price control

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

Mitsibushi-led consortium awarded grid-link licence for world’s largest wind farm

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

More than 1m customers ‘overcharged’ by 18 energy suppliers

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

More suppliers to bump up energy bills

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

British Gas to hike energy bills by £97 a year

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

Energy networks and Ofgem offer up to £300m for green grid projects

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