Ofgem

/ 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

Example Sentences

The warning comes as gas and electricity prices are set to rise by 2% for millions of households in the UK under the latest cap announced by energy regulator Ofgem.

From BBC

Ofgem's cap sets the maximum price that can be charged for each unit of gas and electricity for millions of households in England, Scotland and Wales.

From BBC

The energy regulator Ofgem is advising people to look at fixing - so that the price you are charged per unit of gas or electricity does not change every three months.

From BBC

You can get more advice from Ofgem, Citizens Advice, or your own energy supplier.

From BBC

Ofgem changes the price cap for households every three months, largely based on the cost of energy on wholesale markets.

From BBC