Gas and electricity bills to be cut by £20 says Ofgem

Gas and electricity bills to be cut by £20 says Ofgem

The energy watchdog has vowed to take money out of shareholders’ pockets to improve investment in a green energy network while slashing bills. Ofgem said households stand to save around £20 a year on their gas and electricity bills under its proposals, which are set…

Electricity supplier SSE fined £2m by Ofgem over capacity blunder

Electricity supplier SSE fined £2m by Ofgem over capacity blunder

The UK energy regulator has fined SSE more than £2 million for a 2016 blunder which is likely to have pushed up wholesale electricity costs. Ofgem said it would send a “strong message” to energy producers that they must share timely information with others on…

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