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5 changes Notice, last 7 days
Ofgem Energy Trading Registration Database Update
Ofgem has updated the public version of the GB REMIT registration database, which contains non-confidential data on registered market participants. This data, including names and registration codes, is published monthly.
Middle East Conflict Impact on Energy Costs and Bills
Ofgem has issued a notice regarding the impact of the Middle East conflict on UK energy costs. The notice clarifies that while global markets are affected, consumers on standard variable tariffs are protected by the energy price cap until the end of June 2026.
Energy Price Cap Reduction for Households
Ofgem announced that the energy price cap will fall by £117 (7%) for a typical household between April 1 and June 30, 2026. This reduction is attributed to the end of certain environmental and social scheme funding and a decrease in global wholesale energy prices, partially offset by increased network costs.
Ofgem CEO Jonathan Brearley to Step Down
Ofgem announced that Chief Executive Officer Jonathan Brearley will step down at the end of March 2026. Tim Jarvis will serve as Acting CEO during the transition period while a search for a permanent successor is initiated.
Energy Price Cap to Fall 7% from April 2026
UK energy regulator Ofgem announced that the energy price cap will decrease by 7% from April 1 to June 30, 2026. This reduction, amounting to approximately £117 annually for average households, is primarily driven by recent government budget interventions on policy costs.
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