Octopus Energy reacts to Ofgem’s new business energy regulations

Ofgem’s latest mandate requires transparent display of broker fees in energy contracts, a move praised by Octopus Energy

Centrica signs solar power deal for aerospace manufacturing site

Centrica Business Solutions has finalised a solar power purchase agreement with aerospace defence manufacturer Moog Inc

UK Power Networks launches day-ahead flexibility product

The new product allows flexibility providers adjust their actions a day ahead, helping balance supply and demand peaks

Octopus boss backs zonal electricity pricing

Greg Jackson, CEO of Octopus Energy, supports the introduction of zonal locational pricing by the government, citing potential cost savings for consumers and benefits for industry

Smart meters
Nearly 900k RTS customers urged to upgrade

More than 900,000 energy users relying on Radio Teleswitching Service must upgrade to smart meters before the service shuts down on 30th June 2025, to avoid potential disruptions in tariffs and heating control

UK launches scheme to share real-time pump prices

The government has introduced the Pumpwatch scheme, which mandates all fuel stations to disclose real-time price data

Autumn Statement: Will there be energy bill support?

The government’s reported offer of £1,000 for allowing pylons in residential areas sparks controversy, with critics highlighting concerns about geographical disparities in assistance

“Energy price cap: 27% hit for low consuming customers”

Analysts note that the upcoming energy price cap adjustment is anticipated to impose a 27% increase for low consuming customers

Billpayers could foot the bill for energy supplier failures, warn MPs

The Public Accounts Committee has expressed concerns about the potential financial burden on taxpayers and the accessibility of energy bill support for those in need

New UK laws to strengthen energy security and advance net zero

The Energy Act 2023, the most extensive energy legislation ever in the history of the UK, was granted Royal Assent today