✋ Need support managing your energy this winter? Sign up to the Priority Services Register for extra help Help can vary based on your personal circumstances and your supplier but could include what we cover in the video below - and more! More details here👇 http://ow.ly/ommW50M33mp
Ofgem
Utilities
London, England 81,580 followers
Britain’s independent energy regulator, protecting consumers by working to deliver a greener, fairer energy system.
About us
Ofgem is Britain’s independent energy regulator. Our role is to protect consumers now and in the future by working to deliver a greener, fairer energy system. Community guidelines: https://www.ofgem.gov.uk/ofgem-privacy-policy Please note our comment and moderation policy www.ofgem.gov.uk/comment-and-moderation-policy
- Website
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http://www.ofgem.gov.uk
External link for Ofgem
- Industry
- Utilities
- Company size
- 501-1,000 employees
- Headquarters
- London, England
- Type
- Government Agency
- Specialties
- energy regulation, energy, green energy, gas, electricity, and consumer protection
Locations
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Primary
10 South Colonnade
London, England E14 4, GB
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Commonwealth House, 32 Albion Street
3rd Floor
Glasgow, Scotland G1 1LH, GB
Employees at Ofgem
Updates
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Are you a visionary leader with a passion for transforming energy infrastructure? Could you act as a catalyst for the vital evolution of the energy sector? If so, we invite you to seize a unique opportunity to shape the future of the UK's energy landscape as one of six Deputy Directors within the Infrastructure Group. Follow the link for details on how to apply ⬇️ https://ow.ly/w1Sa50SFWLF
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Are you a visionary leader with a passion for transforming energy infrastructure? We're looking for six Deputy Directors within the Infrastructure Group to play a vital role at the very centre of Ofgem. Follow the link to apply 👇 https://ow.ly/9CcS50SFS5T
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This week our Director General of Infrastructure, Akshay Kaul, visited Kincardine Offshore Windfarm, the largest commercial floating windfarm in the world. He met with infrastructure stakeholders from Flotation Energy & Riverswan Energy to hear their thoughts on the challenges and opportunities involved in delivering projects like Kincardine. Visits like this help us to understand whether there are any regulatory blockers or risks we should be aware of as well as our role in offshore project delivery. As we move forward in our energy transition, we want the UK energy market to remain attractive for investors, whilst delivering safe and reliable energy to consumers. We are committed to finding the right balance —one that benefits consumers with the best possible deals and keeps investors engaged in the UK's dynamic energy sector. Also attending from Ofgem were Stuart Borland and Yvonne Naughton.
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💡 Being Energy efficient in the workplace could go a long way to reducing your business' energy bill. Here are a few tips that could help your business to be more energy efficient: 💡 Upgrade to LED bulbs 🌆 Turn off the lights 🌡️ Control the temperature 🖨️ Go paperless 🖥️ Shut computers down after use For more energy advice on energy saving for your business follow the link⬇️ https://ow.ly/s39g50SwJ6r
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This morning, members of our executive board visited the Fuel Bank Foundation at Queensborough Community Centre on the Scovell Estate in Southeast London. Fuel Bank Foundation is the only UK charity to focus on the challenges of people living in fuel crisis. Given Ofgem’s emphasis on supporting vulnerable consumers and the issue of forced prepayment meter installation in recent years, this visit offered a valuable chance for Ofgem decision makers to explore the support that is available to energy consumers, gain insight into the consumers ‘lived experience’ and directly understand FBF’s efforts to address the issue of fuel crisis. We would like to thank those who took time out of their days to host us and explain the issues that they are facing and look forward to working with them in the future to better support energy consumers.
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Ofgem reposted this
🆕 #opendata set alert from UK Power Networks. 🔔 ⚡ We’ve made planning your electricity usage simple! 🔌 From installing EV charge points to heat pumps, stakeholders can now see which secondary substation is feeding their area with our new secondary substation feeding map. This is now published for the 71,000+ unredacted sites across our entire network. 🤝 Special credit to Geoff Crollie for network tracing to even make this possible. Credit to Yiu-Shing Pang, Harshil Sumaria, Rebecca Flack and Mollie Purser for manipulating and publishing this dataset as well as to the excellent engineers who install LV monitoring equipment to provide visibility of our networks.
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The quarterly energy Price Cap has changed from 1 Jul 24 The new #PriceCap is £1,568 The level is based on typical use of an average household on their supplier’s standard default tariff It's a cap on energy unit price, not a cap on total bills More ⬇️ https://ow.ly/X68i50SrvMT
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Energy bills are made up of a number of costs They include: ⚡ Wholesale costs 🔌 Network costs 🌳 Social and environmental obligations 🏭 Supplier costs and margin 💷 Taxes, like VAT The cost is broken down below or follow the link for more ⬇️ https://lnkd.in/eTXDsbGF
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From 1 July 2024 Price Cap average direct debit unit rates for energy: ELECTRICITY Unit rate: 22.36p per kWh Standing charge: 60.12p per day GAS Unit rate: 5.48p per kWh Standing charge: 31.41p per day These are caps on unit rates plus the standing charge (not a cap on total bills) For more details ⬇️ https://lnkd.in/eXNG8Fgq