Octopus to repay £3bn for Bulb bailout
Octopus Energy is set to return nearly £3 billion to the government, reimbursing taxpayers for…
Tag: energy supplier collapse
EDF Energy and OVO join appeal against Ofgem’s decision
The suppliers have been granted permission by the Competition and Markets Authority to…
Ofgem delays ending SoLR payment process amid energy supplier backlash
The energy regulator has extended the temporary Last Resort Supply Payment process due to…
Failed supplier’s bosses and bp to get £10m each from surplus
Pure Planet's parent company have reportedly a surplus of £43 million
‘Ofgem’s spending on consultants since start of crisis amounts to £32m’
The energy regulator has reportedly awarded 13 consulting contracts to assist with Supplier of…
Judicial review to assess Octopus’ acquisition of Bulb begins
British Gas owner, ScottishPower and E.ON have questioned the conditions under which the…
Ofgem switches on energy market reset
The energy regulator has unveiled today new reform proposals to better protect customers and…
Households to pay an extra £94 for energy supplier collapses, say MPs
Britons have been left to foot the bill for the £2.7 billion cost because of Ofgem's…
‘Nearly 60% of existing smaller energy suppliers are technically insolvent’
New analysis suggests 12 energy firms have negative assets on their balance sheets
Price cap will be updated every three months, confirms Ofgem
The move is believed to ensure that the new price cap reflects gas and electricity costs in a…
