As we head towards a forecast £1 per KWh for electricity in April 2023, and will definitely be paying 52p per KWh for electricity and 15p per KWh for gasContinue readingOfgem has banned energy suppliers from backbilling for energy supplied over twelve months ago
Ofgem have just announced that the energy price cap will rise to £3,549 in October. A further price rise in January is expected. So, from October, you can expect toContinue readingThe energy price cap will increase to £3,549 a year from October
Many folk talking about “green levies” or “green tax” on energy bills. “We could save 25% off our energy bills if we had no green levies”, they say. Stop it.Continue reading25% of your energy bill is not “Green Tax”
In April, energy prices rose by 54% under Ofgem’s energy price cap, over the next six months, increases in the wholesale price of gas led to a 77% increase inContinue readingOfgem changes energy price cap changes to every three months (was every six months)
Sir Keir Starmer pledged to support “common ownership” when he became Leader of The Labour Party on 4th April 2020. Fifth on his list of ten pledges read… “Public servicesContinue readingIs Keir Starmer on the wrong side of the argument as he drops Nationalisation plans?
Ofgem is incompetent, so says the Business, Energy and Industrial Strategy Committee in their latest report “Energy pricing and the future of the energy market”. Ofgem allowed suppliers to enterContinue readingOFGEM has proved incompetent as the regulatory authority of the UK’s retail energy market