regulator

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

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%

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

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

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

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

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

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

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

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 […]