Ofgem is the government regulator for gas and electricity markets in Great Britain.
In this article we will cover everything you need to know about your energy contracts and how you are billed for you energy. Keep reading to find out more! How are energy bills calculated? There are two elements which make up the sum you are charged: • Standing charge: A fixed daily rate • Unit […]
Energy Advice: Contracts and Billing Read More »
Recognising GoOs of EU member states All countries that belong to the UK must have a Guarantees of Origin (GoOs) scheme. In the UK, this scheme is known as Renewable Energy Guarantees of Origin (REGO). Ofgem is required by law to recognise other GoOs of EU member states. Here we explain in more
Renewable Energy Guarantees of Origin in EU Member States Read More »
Microbusinesses are increasingly working with brokers to bring down their energy bills. The lower costs for microbusiness energy are then passed onto microbusiness customers. It can be a little daunting to sign up with a brokerage partner, especially given the news of unscrupulous energy brokers, hidden broker commission, inflated commission fees, and pressure into signing
Ofgem – The Energy Ombudsman Regulating Energy Brokers Read More »
Energy procurement is a complex and delicate process for businesses, and with so many suppliers and tariffs to choose from, finding the best deal can be a daunting task. To make matters worse, the energy broker market has been infamous for its lack of transparency and trustworthy practices. However, thanks to the efforts of Ofgem,
How Ofgem Makes the Energy Broker Market Fairer for Businesses Read More »
Targeted Charging Reviews: Significant Code Review from OFGEM The Targeted Charging Review (TCR) is a project led by Ofgem that aims to assess how residual network charges should be set and recovered in Great Britain. The highly technical Significant Code Review (SCR) has come up with some interesting findings which have the potential to change
Has your energy supplier recently gone bust? Found yourself with a new supplier and prices have risen? Worried your business will be left without gas or electricity if your supplier goes bust? Thinking about finding a new supplier for business energy? We understand it can be a stressful and overwhelming time right now. With rising
Gas and electricity supplier Together Energy has been forced to cease trading amidst the ongoing energy crisis. The firm, and its subsidiary Bristol Energy, are the latest to have been hit by the effects of the ongoing energy crisis, making it the 27th supplier to go bust since August last year. Together Energy is backed
British Gas takes on Together Energy’s 170,000 Customers Read More »
For the time being energy brokers are unregulated. As a result of that sometimes customers are given poor value gas and electricity contracts. Moreover, some brokers only present deals from a few selected providers hoping to make a profit on commission these suppliers offer them. Customers who are not careful can end up being locked
Broker Self-Regulation Read More »
