Ofgem's price cap has dropped, reducing average household energy bills by £117, but fears of a July hike suggest this relief may be short-lived.

Elon Musk's Tesla has received a license from Ofgem to supply electricity to homes and businesses across Great Britain, expanding its energy ambitions beyond EVs.

SSE Says SSEN Transmission Accepts Ofgem’s RIIO-T3 Final Determination  TradingView

Latest predictions suggest Ofgem will reduce the energy price cap by £117 to £1,641 a year for a typical dual fuel household from April 1, leading to lower energy bills for UK households.

MoneySuperMarket has seen a significant increase in energy switching activity, driven by more energy providers joining its platform following Ofgem’s price cap announcements.

The UK's energy regulator, Ofgem, has granted Tesla a license to supply electricity to homes and businesses across Great Britain.

The head of Ofgem is stepping down from his role at the end of the month, the energy watchdog has announced.

Typical household energy bills in the UK are set to decrease by 7% starting in April, following an announcement by regulator Ofgem and government changes to charges.

Ofgem says about 140 proposed projects, driven by AI use, could require more power than current peak demand

UK households are set to see an average £150 reduction in their energy bills from April, following changes to the Ofgem price cap.

Energy price rises are coming, despite Ofgem’s best efforts

Ofgem says about 140 proposed projects, driven by AI use, could require more power than current peak demand The amount of power being sought by new datacentre projects in the UK would exceed the country’s current peak electricity consumption, according to an industry watchdog. Ofgem said about 140 proposed datacentre schemes, driven by use of artificial intelligence, could require 50 gigawatts of electricity – 5GW more than the country’s current peak demand. Continue reading...