Ofgem proposes new finance rules for energy companies as sixth supplier this year goes bust

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Energy market watchdog wants to make sure new providers coming to market have the resources they need to meet customers' expectations

 

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New energy rules could save households £45 a year, Ofgem saysCompanies that run the pipes and wires which supply British homes have come under fire for bumper payouts, which will be reduced I'll save hundreds after the Brexocalypse, you can't have central heating in a pop-up tent. A whole £45!!! Be still my beating heart. Until the EU turn off the the gas supply, after no deal exit
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Energy customers 'to save £45 a year' as Ofgem caps how much firms can pay shareholdersHOUSEHOLDS could see their energy bills fall by £45 a year as Ofgem has put forward plans to “re-wire” Britain’s energy system. The regulator says it wants to set a 4 per cent lim…
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Energy shakeup could cut bills by £45 a yearOfgem says consumers should pay less towards networks such as National Grid Wow, don't leave the country on £45...no doubt tax will eat up the savings..😂 ...£45 is a shake up?...they rob us blind every month, however you pay, whoever you pay...
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How to cut your energy bills as prices set to rise by £113 this year, experts predictHOUSEHOLDS are being urged to fix their energy bills now as experts predict prices could rise by up to £113 this year. Despite energy bills being capped by regulator Ofgem at £1,137 a year for the …
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Extra Energy goes bust leaving 108,000 customers without a gas or electricity supplierAROUND 108,000 households have been left without a gas or electricity supplier as Extra Energy has gone bust. Energy regulator Ofgem will now search for an existing supplier to take on these custom… Blinking hell that's a blow what happened to customers Just got no gas heating just gone Hope it goes back to British Gas Hopevall OK for the. Customers worst company when it comes to the news. I'm an extraenergy customer and my both supplies are uninterrupted. Please do you're research before making a statement.
Source: TheSun - 🏆 64. / 61 Read more »

Spark Energy collapse leaves 290,000 without supplierFears other challengers will fold amid tough competition and rising wholesale costs Free electricity! Horrible company. They were only interested me when I switched companies. Then I was made all kinds of offers and given great treatment. Too little too late. lovetheturret these the cowboys you’ve been getting stung by?
Source: The Guardian - 🏆 84. / 53 Read more »

Energy supply company ceases tradingSpark Energy Supply is part of a gas and electricity firm which employs more than 300 staff in Selkirk. gooutandexplore that’s it for our flat then Did they introduce SAP? That'll do it everytime. Obviously great that customers will be protected however my thoughts are with their staff on the coal face who are affected by a company that reports a profit in excess of £30million pound but at the same time not able to pay its £14million debt? Something wrong in the system?
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