The energy regulator has extended the temporary Last Resort Supply Payment process due to market concerns, responding to mixed feedback from energy suppliers

These households remain stuck with energy suppliers they didn’t choose due to previous provider bankruptcies, resulting in lower satisfaction rates, according to a report

The energy regulator seeks industry feedback on reverting to single-claim process and implementing internal audits for Last Resort Supply Payments

Energy firms will be required to maintain a capital target of £130 adjusted net assets per dual fuel customer from 2025

OVO Energy’s reported move has the potential to elevate its standing to that of Britain’s second-largest energy supplier

The energy regulator has reportedly awarded 13 consulting contracts to assist with Supplier of Last Resort payments

The supplier has taken on half a million new customers from failed suppliers

Delta Gas and Power failed to pay funds to support renewable energy generation

Britons have been left to foot the bill for the £2.7 billion cost because of Ofgem’s failures, the Public Accounts Committee has concluded

Alternative ways of recovering the cost of supplier failure could negatively affect vulnerable customers, Ofgem has concluded