Great news for consumers as Ofgem has predicted a 5.5% drop in gas distribution charges by 2021 bringing average payments down from £141 to £133. Ofgem reported that gas distribution companies had so far “outperformed” their allowances under RIIO-GD1, by carrying out services for lower than the price control allowed. They will therefore be in […]
New rules from Ofgem cause confusing bills
After the spotlight was shone on energy bills a few months ago with regard to their confusing nature, Ofgem put new billing rules into place in April. However, far from making the bills more consumer friendly, energy supplier SSE claim that the new layout has succeeded only in confusing customers further. They reported to the […]
Bye bye to Ofgem’s SMI
We’d predicted it wouldn’t be long before people caught on to Ofgem’s dodgy supply market indicator (SMI) reports. The SMI aimed to provide a 12-month forward view of cost trends using the average annual consumer bill and estimates of the annual cost per customer to the supplier, including wholesale commodity and policy costs. Excellent news […]
Micro-business, domestic, non-domestic? What am I? Do I even care? Ofgem does
You’d think it would be simple to work out which energy supply category you’re under but Ofgem, as seems to be their sole raison d’etre, have once again muddied the waters with a confusing set of definitions. With more and more people working from home or with small business set ups, business owners are increasingly […]
Which? claims energy price falls too little
Another day, another round of energy attacks from our politicians. Thank the good lord we are not a high street chemist. The latest lambasting of the Big 6 energy suppliers came from price comparison website (or consumer champion depending on who you listen to) Which? Which? have done an Ofgem and collated their ‘own’ SMI. […]