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Ofgem’s revised price cap comes into effect

by News Editor | Apr 2, 2019 | Economy, Electricity, News, Ofgem

Ofgem’s revised price cap on standard variable and default tariffs comes into effect today (1 April). The energy regulator, which announced the changes in February, has raised the level of the cap to £1,254 – an increase of £117. The price cap for pre-payment meter...

EDF stockpiling materials in the event of no-deal Brexit

by News Editor | Apr 1, 2019 | Brexit, EDF, Electricity, News

EDF has been stockpiling key materials to maintain operations in the event of a no-deal Brexit, one of the company’s directors has revealed. Angela Hepworth, policy and regulation director at EDF Energy, told a Brexit briefing event yesterday (28 March) that the...

Storm Freya caused outages across UK energy networks

by News Editor | Mar 6, 2019 | Climate Change, Electricity, Energy UK, Environment, News

Approximately 4,000 homes suffered power outages in Cumbria due to Storm Freya over the weekend, according to Electricity North West (ENW). The region was hit with winds of up to 80mph and heavy snow across Cumbria on Sunday evening (3 March). The network operator’s...

New guide on energy storage launched for UK house builders

by News Editor | Feb 25, 2019 | Economy, Electricity, Energy UK, Environment, News

Recent advances in household-scale battery systems are making them an ever more attractive option for new home buyers, and there’s an expectation that they could become commonplace as part of a home’s electrical infrastructure in the near future.  A new guide from the...

CMA to review prepayment price cap

by News Editor | Feb 5, 2019 | Economy, Electricity, Energy UK, Environment, News, Ofgem

The Competition and Markets Authority (CMA) has decided to review the order it issued imposing a price cap on prepayment tariffs. The review will consider whether the order should be revoked or altered in light of several changes in circumstances, namely the slower...

Ofgem expected to raise price cap on default tariffs by £100

by News Editor | Feb 5, 2019 | Economy, Electricity, Energy UK, News, Ofgem

Ofgem is expected to announce a significant increase to its price cap on default tariffs on Thursday (7 February). A number of industry analysts predict the price cap, which came into effect on 1 January 2019, will rise by around £100 from the current level of £1,137....
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