More suppliers to bump up energy bills

EDF dual-fuel customers will pay £1,138, an increase of £96

British Gas to hike energy bills by £97 a year

Around 2.3m customers’ bills will rise to £1,138, the maximum amount suppliers can charge in line with Ofgem’s energy price cap

Energy networks and Ofgem offer up to £300m for green grid projects

Funding bids will be assessed on value for money, short term grid capacity utilisation and how quickly the infrastructure and solutions can be completed, in support of the UK’s 2050 net zero goal

Energy bills increase up to £96 as price cap rises

The change, from 1st April, is estimated to affect 15 million customers

Households face £24 extra a year in energy bills

The ‘Adjustment Allowance’ was introduced in winter 2020 to help suppliers deal with the economic fallout

Ofwat CEO Rachel Fletcher joins Octopus Energy

As Director of Regulation and Economics, Mrs Fletcher will work for the energy system decarbonisation

EDF and British Gas Evolve appointed to take on failed suppliers’ customers

Customers of Green Network Energy and Simplicity Energy will be contacted about the switch over the coming days

Green Network Energy and Simplicity Energy go bust

The closures are forecast to affect around 410,000 domestic customers

Symbio Energy faces £100k Ofgem fine for late renewables payments

The proposed penalty follows four late payments into the FiT and RO schemes

Ofgem calls for independent body to run the electricity system

The energy regulator claims the new body could save consumers as much as £4.8 billion between 2022 and 2050