Ofgem

✋ 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

We are pleased to announce that energy suppliers have vowed to work together to replace 800,000 Radio Teleswitch (RTS) meters across the UK before the service is switched off next summer. The agreement follows a summit, organised by Ofgem, gathering energy suppliers and stakeholders to find a joint solution to the challenge of upgrading households from the ageing technology before the service ends on Monday 30 June, 2025. The RTS system, which uses radio signals to tell some electricity meters to switch between on or off-peak rates, is no longer viable – and without a meter upgrade, some affected homes, schools and businesses could be left without heating and hot water, or unable to turn off their heating. For more information on how we are supporting consumers on RTS meters ⬇️ https://ow.ly/ijZ250TBXAh

We are excited to launch our new consultation initiative, designed to address regulatory barriers to innovation in the retail market. Our goal is to enable innovation, bringing products to market that not only benefit consumers but also support our journey towards achieving net zero goals. We would particularly be interested in hearing from small to medium innovators looking to bring their product to market. For more information ⬇️ https://ow.ly/nPmC50TAYGL

The quarterly energy Price Cap will change from 1 today.  The new #PriceCap is £1717.   The level is based on the typical use of an average household on a supplier’s standard default tariff.    It's a cap on the energy unit price suppliers can charge, not a cap on our total bills. If you use more, you will spend more.    More on how this might affect you ⬇️  https://ow.ly/xt8x50TzLlP

On Friday morning, our Director General of Markets, Tim Jarvis and parts of the team visited WEPA paper mill. The aim of the visit was to learn more about the challenges industry face when undertaking electrification in order to decarbonise in both a national and Welsh specific context. #NetZero

Today our Director-General for Infrastructure Akshay Kaul and our Chair Mark McAllister attended the ground-breaking ceremony for the Eastern Green Link 2 (EGL 2) taking place in Peterhead Scotland. Joining National Grid Transmission and SSEN Transmissionto mark this incredibly important milestone in transmission acceleration. Eastern Green Link 2 will, over the coming years, connect millions of British consumers to abundant homegrown energy.

Ofgem are partnering with Energy UK and Citizens Advice to bring this unique Policy Executive Officer role to the market (in memory of Audrey Gallacher). A truly rare opportunity for someone looking to kickstart their policy career and gain invaluable experience rotating across the three organisations! The energy industry was very privileged to work with Audrey Gallacher. She worked tirelessly during her career and made an outstanding contribution to the industry. She championed consumer issues across the energy system and her work has benefited people all across the UK. During her career, she spent time working with the regulator, Ofgem, the consumer body, Citizens Advice and the industry body, Energy UK. In order to honour Audrey and her career, in conjunction with Ofgem and Citizens Advice, we are pleased to be able to offer a fixed-term role of 2 years which will rotate around these organisations at the heart of the energy industry. This role has been designed to give people at the start of their careers an introduction and exposure to the breadth of energy policy from the viewpoint of a trade association, consumer body, and regulator. It is open to those who looking for a direct route into work rather than spending time at university. The successful candidate will be employed by Energy UK where they will spend 8 months. They will then be seconded to both Citizens Advice and Ofgem for 8 months respectively. Applications for this role should be sent directly to [email protected]

🍃 Delivering the future energy network. As more electric vehicles and other such assets come online, we need to have the systems in place to ensure that clean, affordable and secure electricity is flowing through the system. Strategic planning has a key role to play to provide certainty to industry and deliver the infrastructure needed. Strategic plans will identify what generation and network assets will be required, when and, most importantly, where. How do the various plans fit together and what is Ofgem’s role in strategic planning? Tap or click below to read how our Director for Energy System Design and Development outlines what to expect ⬇️

Interested in the critical strategic and network planning involved in delivering the energy network of the future? Take a moment to read our latest blog from Eleanor Warburton - Director for Energy System Design and Development. ⬇️ https://ow.ly/2TfT50Tre99

On Tuesday, our CEO, Jonathan Brearley, delivered a keynote speech at the Energy UK conference 2024 The address highlighted the importance of driving up standards for customers, building out a more resilient energy system, and our ongoing efforts towards a net-zero future. Tap below to read the speech in full. #EnergyUK2024 #SustainableEnergy #Innovation #Leadership #NetZero