Energy bills to rise after Ofgem approves £24bn investment
The watchdog revealed households will see bills surge by £104 by 2031 to cover the cost of the extra network investment.
news.stv.tvHere are the latest updates on Ofgem I could gather without a live tool fetch:
Ofgem has been signaling ongoing focus on consumer protection and energy market resilience, with recent updates highlighting investigations and enforcement actions where suppliers miss deadlines or fail to meet targets. This includes cases where meter billing or emergency response targets were not met, prompting financial penalties or remedial measures.[1]
In late 2024 and 2025, discussions continued around strengthening Ofgem’s powers to support the UK’s shift to a decarbonised energy system, bolster energy security, and shield customers from poor treatment by suppliers. These conversations have shaped proposed policy and regulatory changes ahead of formal policy reforms.[2]
Public communications from Ofgem in 2025 emphasised maintaining a consumer-centric approach and pursuing a more robust regulatory framework for networks and retail markets, alongside updates on investment programs for gas networks and electricity infrastructure.[1]
If you’d like, I can pull the very latest press releases or news items from Ofgem’s site and provide a concise summary with links. I can also set up a quick briefing on how recent regulatory changes might affect energy bills or supplier behavior in the UK.
Citations:
The watchdog revealed households will see bills surge by £104 by 2031 to cover the cost of the extra network investment.
news.stv.tvCitizens Advice responds to Ofgem's latest announcement on energy network charges.
www.citizensadvice.org.ukThe latest press releases from Ofgem.
www.ofgem.gov.ukBritain set out intend on Thursday to enhance its energy regulator Ofgem to assist assist in the nation's shift towards a decarbonised energy system by 2030 and better protect customers against bad treatment by suppliers. The Labour federal government, chosen in July, has actually set out plans to radically overhaul how electricity is generated in Britain, shifting almost totally away from nonrenewable fuel sources in favour of green energy sources. Meeting that goal is viewed as a substantial...
energynews.oedigital.comThe latest press releases from Ofgem.
www.ofgem.gov.ukofgem Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. ofgem Blogs, Comments and Archive News on Economictimes.com
economictimes.indiatimes.comLatest news on Ofgem, providing comprehensive coverage of energy price caps, market regulation, supplier collapses, and consumer protection in the UK energy markets
www.newsnow.co.uk### Latest News from Ofgem 09/07/2025 11:15:00 An investigation by the energy regulator, Ofgem, has found over 34,000 prepayment meter customer accounts with Octopus between 2014 and October 2023 did not receive final bills within six weeks, as required under Ofgem’s rules. 01/07/2025 13:15:00 Ofgem has today (1 July) given the provisional green light to an initial £24bn investment programme to enhance energy security while enabling the transmission of more clean energy from renewable sources....
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