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

Ofwat tells water firms to cut bills by 12% before 2025

The water regulator says returns on invested capital will be capped at a rate of 5.02%, down from the current limit of 6.64%

Breeze Energy told to pay £486,232 in Renewable Obligation taxes

Ofgem said the supplier must make the necessary payment immediately or face further action

Ofgem proposes new checks to ensure suppliers are up to scratch

The regulator says the move is intended to protect consumers and the wider energy market

Ofgem allows £64m of funding requests for power distribution firms

The regulator has consulted on 12 requests for additional funds by network companies for adjustments in their funding

Going out of business sign
Rutherford Energy Supply Limited, trading as Uttily Energy, goes bust

The supplier provided around 280 businesses with their electricity – now it has ceased to trade, Ofgem will choose a new supplier to take on its customers

Shell Energy Retail to refund and compensate 12,000 customers

The energy supplier will have to make a total payment of £390,000 after charging customers above the price cap

Ofgem sets out plan to protect vulnerable consumers as market changes

The regulator has launched a consultation to find out how best to look after energy customers as the market undergoes ‘fundamental changes’

Ofgem whistleblower: ‘Millions of pounds of public money is being misspent’

Edd Fyfe, a former Counter-Fraud Officer at Ofgem E-Serve, claimed green energy schemes have been ‘seriously abused’

Ofwat plans to cut water bills by up to £25 a year

Households and businesses across England and Wales are expected to see water bills cut by £25 a year from 2020 to 2025. Water regulator Ofwat said it will set the cost of capital across the sector at a record low of 2.4% – it expects this to have a direct effect on the bills paid […]