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Price cap could jump 46% as consumers take on cost of supplier exits

The price cap could jump 46% for summer 2022, hitting approximately £1,865 as wholesale power prices remain high.

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Energy suppliers will undergo stress tests, Ofgem says

The energy regulator said any suppliers who fail the financial stress tests will be put on an improvement plan, particularly where consumers are at risk.

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Ofgem unveils stress test for suppliers after cascade of collapses

From January, energy suppliers will need to undergo financial stress testing to prove their resilience in light of the cascade of supplier collapses in recent months.

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EDF becomes supplier of last resort for third time this year

EDF becomes supplier of last resort for third time this year
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ScottishPower appointed as SoLR for Entice Energy and Orbit Energy s customers

ScottishPower has been appointed as Supplier of Last Resort (SoLR) for Entice Energy and Orbit Energy’s combined 70,400 customers.

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