Ofgem

North Yorkshire power station operator Drax has agreed to pay £25m after a probe by energy industry regulator Ofgem found that the company had failed to properly report data on the types of wood it uses for its biomass pellets. Picture by Simon Hulme

Drax to pay £25m after investigation finds data reporting issues

Colder months ahead and a rising energy cap will mean increased bills this winter

Could installing a heat pump be the answer to rising energy bills?

Britain's Chancellor of the Exchequer Rachel Reeves speaks during a press conference at the Treasury in central London on July 29, 2024 (Photo by Lucy North / POOL / AFP)

Rachel Reeves is right to means test the winter fuel allowance: Letters

Prime Minister Sir Keir Starmer. PIC: Toby Melville/PA Wire

Disgraceful of Labour to set out to make elderly people poorer - Andrew Vine

Chancellor of the Exchequer Rachel Reeves (Photo by Dan Kitwood/Getty Images)

Labour's winter fuel payments move is a raid on pensioners' pockets - Sarah Todd

(Photo: DANIEL LEAL/AFP via Getty Images)

Energy bills to rise by £149 as Ofgem increases price cap by 10%

Ofgem's energy price cap will increase by 10% from £1,568 to £1,717 from October 1 for a typical household in England, Scotland and Wales, the regulator has announced (Photo by Jacob King/PA Wire)

Ofgem: Average household energy bill is to increase by £149 from October

Labour leader Sir Keir Starmer and shadow chancellor, Rachel Reeves during a visit to Heath Farm in Chipping Norton, while on the General Election campaign trail. Picture: Stefan Rousseau/PA Wire

Winter fuel payment anger with Labour will get worse as energy bills rise

(Photo: DANIEL LEAL/AFP via Getty Images)

Massive hike in UK energy bills forecast - how much costs are going up

The average household energy bill is set to rise by 9% in October when the latest change to the price cap takes effect, according to energy consultancy Cornwall Insight. (Photo by Andrew Matthews/PA Wire)

'Average household energy bill set to increase by 9 per cent in October'

Wilsthorpe beach, just off the A165 road and around two miles south of Bridlington, where the subsea cable from Scotland will make landfall

EGL2: Bridlington is right to be worried

Wilsthorpe beach, just off the A165 road and around two miles south of Bridlington, where the subsea cable from Scotland will make landfall

£4.3bn electricity superhighway from Scotland to make landfall near Bridlington

The joint venture between Scottish and Southern Electricity Networks and National Grid is part of a push to modernise the electricity grid to deal with greater demands placed on it by the green transition. (Photo by Peter Byrne/PA Wire)

Ofgem approves a £3.4bn electricity 'super highway' between Scotland and England

Britain’s energy watchdog has announced moves to help drive flexible electricity use. (Photo by Jacob King/PA Wire)

Britain’s energy watchdog takes action to support flexible electricity use

British Gas owner Centrica’s profits have fallen back after they hit record highs during the energy crisis, as it said the UK was moving to a “more normalised” gas and electricity market. Photo: Steve Parsons/PA Wire

Profits fall back from record highs for British Gas owner Centrica

A Which? survey of over 2,000 people found more than 80 per cent of respondents thought existing energy customers facing higher rates than new ones was unfair. Picture Adobe Stock

Why ban on luring new customers with cheap energy deals should stay

(Photo: David Potter/Construction Photography/Avalon/Getty Images)

Calculator shows how your energy bills will change as price cap drops

(Photo: SUSANNAH IRELAND/AFP via Getty Images)

Millions urged to send energy readings as price cap drop takes effect

(Images: Pexels/Getty Images/Utilita)

These two energy suppliers have been ranked worst by Citizens Advice

Promotional toys at the headquarters of Octopus Energy in London (Photo: LEON NEAL/POOL/AFP via Getty Images)

Octopus Energy to repay £3 billion - what that means for customers

Yui Mok/PA Wire

Martin Lewis highlights energy tariff that could save you £50 a year

The tariff could save you £50 a year, even if you still use the same amount of energy 🔥⚡

Alex Nelson

Are you owed money by your energy supplier? Use this online calculator

When to submit a meter reading to benefit from the energy price cap

(Photo: DANIEL LEAL/AFP via Getty Images)

I'm a consumer expert - how to stop energy firms hoarding your cash

Renew has entered the electricity transmission and distribution market (Photo by Nicholas .T. Ansell/PA Wire)

Leeds-based Renew acquires Excalon Holdings for up to £26m

Energy bills are set to decrease for households across the country after it was announced that the Ofgem price cap will drop to £1,568 in July.

Energy bills price update

Selby power station operator Drax has announced a “strong” performance for the first quarter of the year, as the firm awaits the results of an Ofgem investigation into its reporting on the sustainability of the biomass used at its Yorkshire site. Picture by Simon Hulme.

Drax announces "strong" first quarter as Ofgem investigation continues

Prime Minister Rishi Sunak makes a statement to the media during a visit to Aldersyde Day Nursery in Hartlepool, North East of England as the first parents in England start to benefit from 15 hours of taxpayer-funded care for two-year-olds. PIC: Paul Ellis/PA Wire

Government's disregard for the impact of the cost of living - Jayne Dowle

Drax power station in North Yorkshire

High volate power cable dubbed 'electricity superhighway' coming to Yorkshire

A view of a wind farm amongst electricity pylons. PIC: Gareth Fuller/PA Wire

The UK is starting to look out of step on green energy investments - YP Letters

Energy bills are set to get cheaper from April

Ofgem energy price cap April 2024 - what it means for you

Drax Power Station near Selby, North Yorkshire.

Government can't prove biomass is sustainable, spending watchdog warns

The Government is unable to prove that biomass fuel is sustainably sourced amid a watchdog investigation into Drax’s green energy claims, the National Audit Office has warned.

Mason Boycott-Owen

Energy prices could fall by 16% by April

Domestic energy prices predicted to fall by 16%

A sunrise behind Drax power station near Selby.

Drax set for three year extension for controversial subsidies

Library image of a domestic household electricity meter. EDF, Octopus and Scottish Power have been given permission to return to forcibly fitting prepayment meters (PPMs) after they were temporarily banned following a scandal around the practice.(Photo by PA)

Three energy firms permitted to return to forcible prepayment meter installation

A file photo of a handheld smart meter on a kitchen hob showing the cost of a year-to-date's worth of home energy usage in a home. PIC: Yui Mok/PA Wire

More financial pain for households with energy bills set to rise - The YP says

A file photo of a handheld smart meter on a kitchen hob showing the cost of a year-to-date's worth of home energy usage in a home. PIC: Yui Mok/PA Wire

Why I am sceptical about Ofgem’s review of standing charges - Jayne Dowle

A general view of a domestic home wireless room thermostat. PIC: Yui Mok/PA Wire

People still need help with their energy bills this winter - Alex Sobel

Doreen Thompson adjusts her thermostat at her home as she limits her use of heating to keep up with her increasing energy bills, at her home in south London.

Ofgem chief’s warning energy bills could be ‘even higher’ this winter

House builders at work in Harrogate. PIC: Gerard Binks

Dealing with skills shortage is key to kick starting the economy - YP Letters

Energy regulator Ofgem lowered the energy price cap but many households will likely see higher monthly bills this winter than last year. PIC: Peter Byrne/PA Wire

Energy prices might be coming down but brace yourself for pain - Andrew Vine

Ed Miliband, Labour’s shadow climate change secretary said: “The problem is the Tories have learnt no lessons from this crisis."

Rishi Sunak urged to look again at windfall tax ahead of winter of high bills

A file photo of a smart meter next to an energy bill. PIC: Peter Byrne/PA Wire

Energy price cap announcement shows intervention is necessary - The YP says

Millions are set to see a rise in energy prices this winter, comapred to last

Energy bills set to rise for millions this winter despite price fall

A general view of a domestic home wireless room thermostat. PIC: Yui Mok/PA Wire

Little respite for poorest when it comes to energy bills - The YP says

Drax power station near Selby, North Yorkshire. Picture: Anna Gowthorpe/PA Wire

Biomass sector set for sustainability regulation and carbon capture funding

Ofgem has announced when it will reveal the new energy price cap

Revealed: Day you will learn whether energy bills will go up or down

'A cold-call ban for all financial products is long overdue'.

A cold-call ban for all financial products is long overdue - Ros Altmann

Here are eight important money changes coming in August 2023.

8 money changes coming in August 2023 including Ofgem price cap

Centrica has revealed that earnings at its retail supplier business soared by nearly 900 per cent as it was handed a price cap boost of around £500m. (Photo by Steve Parsons/PA Wire)

British Gas owner Centrica sees supply arm profits soar on price cap boost

The Government currently aims to capture 20-30 million tonnes of carbon dioxide per year by 2030.

Government 'unlikely' to hit carbon target without Drax plan, ministers warned

July money changes you need to be aware of - including energy bills and cost of living payment

Key money changes in July you need to be aware of

'Centrica, the parent company of British Gas, was one energy firm that tried to forestall Ofgem’s criticism by implying it would stop using overseas call centres'. PIC: PA

Energy companies are really not so smart - David Behrens

Centrica chair Scott Wheway says there needs to be tougher regulation of the finances of energy companies.

British Gas boss calls for tougher energy market rules to protect consumers

E.On Next has been ordered to pay £5 million in compensation to customers for poor customer services, the energy watchdog has announced.

E.On Next to pay compensation to 500,000-plus customers for poor call services

Energy giant SSE's power generation arm will pay a £9.78 million penalty after breaching its licence, the industry regulator has announced

Energy giant SSE to pay £9.8m penalty for licence breach

Drax's North Yorkshire power station.

Watchdog launches investigation into Drax

A smart meter displaying electricity usage is seen in a domestic property in south London. Photo for illustrative purposes.

Octopus relaunches popular tariff that could help save energy cash

People in England, Scotland and Wales are set to see a significant drop in their energy bills in July after Ofgem slashed the energy price cap.

Ofgem energy price cap cut - exact date bills will drop

Martin Lewis has issued an important warning about energy prices. The consumer champion claims despite record-high energy costs being forecast to fall this summer, households aren’t set to feel “any real benefit”.

Martin Lewis’s ‘monumental’ warning on energy prices and bills