Energy Regulations

01 July

Switch in summer before you get hit with a £200 bill!

When energy tariffs expire, customers are typically rolled onto suppliers standard tariffs which are usually their most expensive tariffs available.

02 March

EU to reveal plans for European ‘Energy Union’

The European Energy Union looks to alleviate EU countries’ dependence on Russia for gas by uniting all energy markets into one – but some have doubts as to whether this is realistically implementable.

10 October

The Green Deal Mythbuster

When it comes to The Green Deal, there is so much information available on the internet, that homeowners are often uncertain of the facts. Find out what is myth and what is true with our Green Deal Mythbuster.

13 August

Two UK power stations temporarily closed by EDF

EDF Energy has temporarily closed down two nuclear power stations in the UK. Both power stations are currently closed after a defect was found in one of the boilers at Heysham 1 in June of this year (2014). As a precautionary measure, all four reactors across Heysham 1 and Hartlepool have been shut down by ...

11 August

Criminal offence to fix energy prices under new proposals

Under new government proposals it could soon be a criminal offence, punishable with up to two years in prison, to fix wholesale gas and electricity prices. Current rules mean that individuals can only be investigated and fined for rigging energy prices, however, Energy Secretary, Ed Davey, has stated he wants this to be changed. Energy ...

29 July

Ofgem reveals increase in compensation for victims of power cuts

Energy industry regulation Ofgem has revealed that customers left without power during storms or other severe weather conditions will receive increased compensation from next April (2015). The current government rules dictate that anyone left without power for at least 24 hours during a severe storm must be paid a minimum of £27 compensation by their ...

28 July

The CMA to carry out UK energy sector investigation

The Competition and Markets Authority is set to carry out an in-depth investigation into the UK energy sector. Set to take place over the next 18-months, the competition watchdog's investigation will cover a range of concerns, including how the big six energy companies continue to maintain supply market dominance more than 14 years after the energy ...

26 June

Ofgem to launch biggest ever investigation into energy market

The 'Big Six' and the UK's other energy suppliers are bracing themselves for the biggest ever investigation into the energy market by Ofgem. A comprehensive investigation is set to be conducted by the Competition and Markets Authority into claims of collusion and profiteering and will take around 18 months to complete. Ofgem chief executive, Dermot ...

16 June

Ofgem confirms time to switch energy supplier set to be cut in half

The time it takes homeowners to switch energy suppliers is set to be slashed in half Ofgem has confirmed. The energy regulator has struck a deal with the energy industry to ensure from December 31, 2014 the switching time will drop to only three days, with a 14 day cooling off period. By making such ...

04 June

IEA: £23 trillion investment needed to keep lights on worldwide by 2035

Lights could go out across the globe unless a staggering $48 trillion (£28 trillion) is invested in energy provision according to a stark warning from the International Energy Agency (IEA). The leading international energy think tank warned that due to the world's population continuing to grow at a rapid pace, the global blackout could happen ...