✋ 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 80,875 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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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
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The quarterly energy Price Cap will change from 1 July 2024. The new #PriceCap is £1,568 The level is based on the typical use of an average household on a supplier’s standard default dual fuel tariff. The price cap reflects the cost of supplying energy to our homes and sets a maximum amount suppliers can charge per unit of energy bought on the global wholesale market. 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 pay more. More on how this might affect you ⬇️
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Sinead Murray, General Counsel here at Ofgem, shares a look into into the world of a general counsel.
Legal Voices: a new interview series sharing stories from across the legal community. We spoke to Sinead Murray, General Counsel at Ofgem, looking at challenges and opportunities encountered throughout her career. We find out thought processes and experiences that have moulded Sinead into a driving force within in-house law. https://buff.ly/3WxiEmC #legalleadership #legalvoices #inhouselaw #generalcounsel #legalcommunity
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We're hiring. Are you a puzzle solver, able to navigate conflicting priorities with sensitivity but never losing focus on the bigger picture or compromising standards? We're looking for an experienced Diary Manager to play a vital role at the very centre of Ofgem. Follow the link to apply 👇 https://ow.ly/7gUB50RMRaI
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Ofgem reposted this
SFHA joined Ofgem and Queens Cross Housing Association to discuss to discuss the challenges for housing associations and tenants, such as delayed meter installations leading to voids, tenants in debt and unable to afford to heat their homes. Read more here: https://lnkd.in/edyjh7yG
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Ofgem reposted this
⏰ Our call for input on artificial intelligence (AI) across the energy sector closes in at midnight tomorrow. If you have insights, make sure you're part of the conversation and follow the link below ⬇️ https://ow.ly/sLeC50RInq4 #ArtificialIntelligence #NetZero
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⏰ Our call for input on artificial intelligence (AI) across the energy sector closes in at midnight tomorrow. If you have insights, make sure you're part of the conversation and follow the link below ⬇️ https://ow.ly/sLeC50RInq4 #ArtificialIntelligence #NetZero
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Ofgem reposted this
I'm thrilled to join the Artificial Intelligence for Decarbonisation's Virtual Centre of Excellence (ADViCE) as Policy and Regulatory Alignment Lead! 🚀 ADViCE is at the forefront of driving innovation in AI technologies to combat carbon emissions and accelerate the transition to Net Zero 🌍. Collaborating with Digital Catapult, Energy Systems Catapult, and the Alan Turing Institute, we're committed to making a tangible impact in key sectors with high carbon footprints. 🌱 Our focus areas include; 🟢 Energy 🟢 Agriculture 🟢 Built Environment 🟢 Manufacturing All of these are sectors pivotal in steering the UK towards a Net Zero future 🙌 ADViCE is about fostering collaboration across industries, academia, and regulatory bodies. We're bringing together AI adopters, developers, investors, local and regulatory authorities, and research centres to drive meaningful change. Follow the link to learn more on how these applications can support the transition to net zero https://lnkd.in/eCp3XHDm AI for Decarbonisation’s Virtual Centre of Excellence (ADViCE) - Digital Catapult Developing innovative artificial intelligence technologies for decarbonisation applications to support the transition to net zero #NetZero #sustainability #renewableenergy #environment #sustainable #carbonfootprint #construction