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

Ofgem's deputy director of retail compliance, Jackie Gehrmann, told the BBC that in the last year suppliers have paid out £27m in fines and voluntary payment agreements in consumer related issues.

From BBC

This month, millions of households will see a slight rise in their energy bills, as the energy regulator Ofgem increases the price cap by 0.2%.

From BBC

Energy bills are rising for millions of households in England, Scotland and Wales as the new year begins, after Ofgem raised its price cap slightly.

From BBC

Regulator Ofgem's energy price cap sets the maximum price for each unit of gas and electricity for those on variable tariffs, not the total bill - so those who use more energy, pay more.

From BBC

Ofgem says people can often save money by moving to a fixed tariff.

From BBC