retail energy market

Ofgem Makes UK Energy Suppliers Give 30 Days Notice of Price Rises

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UK energy regulator Ofgem (Office of the Gas and Electricity Markets) has confirmed new rules that mean energy suppliers must give consumers at least 30 days advance notice before putting up their prices. The changes come into effect on 28 April 2011. This means that suppliers have 30 days in which to put these changes … Read more

Watchdog to Investigate UK Retail Energy Market

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UK energy watchdog Ofgem has released its latest Electricity and Gas Supply Market Report, which indicates that that the margin on a standard dual fuel tariff is now around £90, an increase of 38% from September. Whilst Ofgem would expect efficient firms to make a profit, it wants clarity on behalf of consumers that the … Read more