Octopus Energy announces price cut for customers

Around a quarter of a million households on the standard variable tariff are expected to save around £80 on average a year

Households face £16m energy bill increase after tariffs end

Around 47 deals are scheduled to run out at the end of January, which means many customers will be rolled on to default tariffs that are usually much higher

Ofgem investigates if Utilita overcharged energy prepayment meter customers

The regulator said the opening of the probe does not imply any findings have been made about non-compliance by the supplier

Energy price cap saved households £1bn on bills in 2019

Around 11m households on default tariffs saved between £75 to £100 on their dual fuel bills

iSupply Energy to pay £1.5m to Ofgem after breaching price cap

The firm overcharged around 4,400 of its customers on their default tariff energy bills

Ofgem appoints Jonathan Brearley as new Chief Executive

He will replace Dermot Nolan at the end of February, who will have held the position for nearly five years

Ofgem ditches database of disengaged energy customers

The database was one of the recommendations made by the competition watchdog in 2016 following a two-year investigation of the retail energy market

Collective energy switching: Record number of customers save £263 on average

Ofgem says 30% of the 90,000 people, who had been on a default standard variable tariff for three years or more, switched to a different supplier

SSE to cut energy prices in line with Ofgem’s cap

However, some very low energy usage customers may see an increase on their bills

Power NI increases electricity bills by 6%

The rate change will add around £35 a year to the average annual power bill for nearly half a million households