Jonathan Brearley

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‘Don’t pay’ campaign neglected by Ofgem

‘Don’t pay’ campaign neglected by Ofgem Ofgem Chief Executive is going to discourage people from joining campaigns for an energy cost strike. Tens of thousands have previously put their names to a agreement to cancel their direct debit payments for energy bills from 1st October. Following the statement of the quarterly price cap review methodology,…
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Ofgem tells energy suppliers to improve direct debit

Ofgem tells energy suppliers to improve direct debit Today (Wednesday 13 July 2022), energy regulator Ofgem has told a number of energy suppliers to take immediate and urgent action, after a review found a range of weaknesses or failings in the way they charge customers direct debits. Out of a total of 17 large suppliers…
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Ofgem puts forth plan for electricity costs on region level

Ofgem puts forth plan for electricity costs on region level: Ofgem has suggested a new plan that could have the UK shift from placing wholesale electricity prices at a national level to either a regional or local level. This is just one of the amendments of the UK’s energy system Ofgem proposed to help the…
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Major financial stress tests for all energy suppliers

Major financial stress tests for all energy suppliers: All energy suppliers will be subjected to a financial resilience test beginning next month, according to Ofgem. Stress testing on energy firms will begin as part of a package of reform measures announced by the energy regulator today, with the goal of making the sector more resilient…
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Energy bills go up £96 due to price cap increase

Energy bills go up £96 due to price cap increase: Almost 15 million households will notice their energy bills increase by as much as £96, because of an upsurge in the price cap. Ofgem says the price cap is fixed at £1,138 annually for default tariff customers & at £1,156 for pre-payment meter customers and…
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