Spartacus Posted October 12, 2023 Share Posted October 12, 2023 There's a report on the news today suggesting a annual charge to consumers of £17 to stop energy firms going bust BBC News - Energy bills could rise by £17 to stop firms going bust https://www.bbc.co.uk/news/business-67087043 This is already on top of the extra £82 to cover the costs of making sure that households were not cut off imposed in 2021. It feels like OFGEN aren't putting the consumers first and are in fact working with energy suppliers to protect their profits. One would expect and hope that in a fair world OFGEN would look to protect the interests of the suppliers by leveraging a charge on their profits to keep them buoyant rather than charging the end user more to stop their supplier closing? Link to comment https://www.eastdulwichforum.co.uk/topic/334375-who-do-ofgen-work-for/ Share on other sites More sharing options...
ianr Posted October 12, 2023 Share Posted October 12, 2023 Source: Press release: https://www.ofgem.gov.uk/publications/ofgem-explores-options-amid-rising-consumer-debt "A consultation on options to protect the energy market and consumers from the risk of rising debt has been launched today by Ofgem. " Link to comment https://www.eastdulwichforum.co.uk/topic/334375-who-do-ofgen-work-for/#findComment-1641965 Share on other sites More sharing options...
jazzer Posted October 12, 2023 Share Posted October 12, 2023 Thought that was for the ludicrous increase in the daily standing charge to pay for all those providers who went bust, and now they want to introduce an Annual Charge. They're having a laugh at the consumer who they are supposed to work in the interests of. Honestly, Ofgem needs to be removed as they are nothing but a liability to the consumer. Link to comment https://www.eastdulwichforum.co.uk/topic/334375-who-do-ofgen-work-for/#findComment-1642028 Share on other sites More sharing options...
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