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Energy Industry News

Government announces ‘windfall tax’ for low-carbon energy firms

The government has announced that it will introduce a windfall tax on low-carbon energy companies in a policy U-turn. Last month the European Union announced a €140bn levy on firms and Liz Truss had faced growing pressure to follow suit, after repeatedly resisting calls to cap profits being generated by power companies. TUC general secretary Frances […]

Energy Industry News

Ofgem issues energy firms with enforcement notices over treatment of customers in payment difficulties

Energy regulator Ofgem has published the results of a new review into how energy suppliers help customers in payment difficulties and has found issues ranging from minor through to severe weaknesses or failings.    The deep dive found that, although good practice exists across the industry, with one supplier having no issues, most need to make […]