Ofgem announces £25bn investment programme to transform UK’s energy networks

The proposals aim to enable the delivery of emissions-free green energy across the country and meet national net zero targets, while also maintaining high levels of service and grid reliability

Energy networks help customers and suppliers by deferring £350m of charges

Ofgem has confirmed that the scheme will be available as a last resort option

Ofgem cuts cost of Hinkley Point C grid link by £60 million

The move will save UK consumers money on their bills over the 45-year cost period

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