Ofgem

British  

/ ˈɒfˌdʒɛm /

noun

1. 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

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Example Sentences

It is not covered by the regulator Ofgem's energy price cap which is set to fall in April.

From BBC

Household energy bills are set to fall by 7% in April, Ofgem previously announced, following a shake-up in charges by the government.

From BBC

While households under Ofgem's energy price cap will be protected from rising energy prices until July, increased fuel costs are already being felt at the petrol pump and by heating oil users.

From BBC

Tesla Energy Ventures secured a license from Britain’s energy regulator, Ofgem, to supply electricity to consumers in England, Scotland, and Wales.

From The Wall Street Journal

Britain’s energy regulator, the Office of Gas and Electricity Markets known as Ofgem, said Tesla Energy Ventures had received the go-ahead to provide electricity to domestic and nondomestic consumers in England, Scotland and Wales, but not Northern Ireland.

From The Wall Street Journal