In a new report, the charity says customers were paid around £5.4 million in compensation by gas and electricity distribution networks in 2015/16, but should have received at least £2.2 million more.
Citizens Advice calls for automatic compensation for network customers Read More »
In its response to a consultation on the RIIO2 price controls, the charity said Ofgem is currently being prevented from doing so by the two outlying companies whose debt portfolios are more expensive than others.
Citizens Advice urges Ofgem to tackle network debt costs Read More »
Energy regulator Ofgem has already signalled that network companies should expect around £5bn in reduced profits in the next set of price controls. The new analysis by Citizens Advice suggests that the regulator can and should go further, resulting in a total saving to consumers of £9.1bn.
Citizens Advice wants Ofgem to cut network profits by an extra £4.1bn Read More »
In a blog on the regulator’s website, chief engineer Peter Bingham said Ofgem would be unable to support the transformation of the energy industry without improving its technical capabilities and expertise.
Chief engineer aims to bring ‘new technical focus’ to Ofgem Read More »
He will take up his position on 1 October.
Cave confirmed as Ofgem chair Read More »
Greg Clark, the secretary of state for Business, Energy and Industrial Strategy, selected the former deputy chair of the Competition Commission and deputy panel chair of the Competition and Markets Authority (CMA) to lead the energy regulator.
Cave selected as preferred candidate to be next Ofgem chairman Read More »
In RIIO2 Ofgem aims to address its concern that the regulated networks sector is earning too much and delivering too little. It is fiercely focused on dealing with this problem but that brings a real risk that it will hold back the progress of the energy transition. That means there are a number of aspects of the RIIO2 decision that will require careful fine tuning to avoid unwelcome side effects.
Challenges around RIIO2 Read More »
With transmission costs set to increase and questions remaining over who will pay what, “there’s a problem brewing” that will have to be fixed by the regulator.
Call for network charging regime review Read More »
The Birmingham-based company was successful in both of the categories it bid for — electrical engineering and specialist technical advisor services.
Burns & McDonnell wins place on Ofgem framework Read More »
The gas distribution network company will also double the statutory compensation payments, at an estimated cost of £6.7m, made to customers who experience an unplanned gas supply interruption for longer than 24 hours over the next two years.
Cadent agrees to pay £24m for past failings Read More »
