Ofgem has moved to protect the 29,000 domestic customers of Eversmart Energy after the energy supplier ceased trading last week.
Ofgem
URE Energy’s licence to supply electricity is to be revoked after the supplier failed to meet its Renewables Obligation for 2017-2018.
Energy watchdog Ofgem has fined Utilita Energy £175,000 after the provider failed to meet its carbon reduction obligations under the Energy Company Obligation (ECO) scheme between 2015 and 2018.
An energy supplier has been fined for failings which resulted in customers being unable to move to cheaper tariffs or access their accounts.
Knowes Housing Association was delighted to be selected for a visit to its office in Faiflley by Ofgem’s chief executive officer, executive director and four members of the Ofgem board. The group travelled up from their London HQ to see first-hand the excellent work Knowes has carried out in t
Ofgem has fined two suppliers and an energy software and consultancy service £870,000 collectively after they were found to have breached competition law.
Consumers will automatically receive compensation from today if they suffer energy switching errors or if suppliers are late in refunding credit when they leave. Ofgem said the new requirements, which will see customers awarded at least £30 compensation, have been introduced to give customers
Companies will have to pass new tougher tests before entering the energy market under new proposals announced by Ofgem. The energy watchdog said to apply for a licence to supply energy from June, applicants will need to demonstrate they can adequately fund their operations for their first year, outl
Millions of households across Britain are set to see an increase in the cost of energy after Ofgem increased price caps for default tariffs and pre-payment meter customers. The industry regulator revealed today that the price cap for customers on default (including standard variable) tariffs, introd
Housing association-backed energy provider Our Power has ceased trading. Directors at the not-for-profit company said the decision was taken “with heartfelt regret” and blamed a “very difficult” and “highly volatile” energy market.
A Borders energy supplier with around 290,000 customers has ceased trading after the company was given a £14 million bill by the energy regulator. Spark Energy Supply is part of a gas and electricity firm which employs more than 300 staff at its Selkirk headquarters.
Energy regulator Ofgem has launched an investigation into Borders electricity and gas supplier Spark Energy over non-payment of money due under the UK Government’s renewables obligation schemes. Under the schemes, suppliers who do not source the required proportion of electricity from renewable so
Price protection for 11 million customers on poor value default tariffs will come into force on 1 January 2019, Ofgem has confirmed. Ofgem has set the final level of the price cap, following the regulator’s statutory consultation published on September 6, at £1137 per year for a typical dual fuel
Charitable organisations across Britain are being urged to get their applications ready as £2.5 million of funding becomes available in the next round of the Energy Industry Voluntary Redress Scheme. Energy Saving Trust, which was appointed by Ofgem to manage distribution of the funds to eligible c
A community heating network in Stirlingshire and an innovative cooking and lighting energy saving programme on Lewis are among six charity projects to have been awarded over £280,000 in funding for sustainable energy projects in the first round of grants from the Energy Industry Voluntary Redress S