Ofgem

British

/ ˈɒfˌdʒɛm /

noun

Office of Gas and Electricity Markets: a government body formed in 1999 by the merger of the separate regulatory bodies for gas and electricity; its functions are to promote competition and protect consumers' interests

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

For the average UK household, the cost of gas and electricity would total £1,758 next year, Ofgem said.

From Barron's

Regulator Ofgem will announce the next energy price cap later on Friday, with prices for millions of households expected to fall slightly at the height of winter.

From BBC

The total amount owed has reached a record £4.4bn, prompting plans from Ofgem to ensure energy companies write off some of that debt.

From BBC

Ofgem will announce the details at 07:00 GMT.

From BBC

The Ofgem cap is illustrated with a household using a "typical" amount of 11,500 kWh of gas and 2,700 kWh of electricity a year with a single bill for gas and electricity, settled by direct debit.

From BBC

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023