UK Government Launches Review to Strengthen Ofgem’s Consumer Protections
The energy regulator’s role and powers are under scrutiny to address high bills, poor service, and support the transition to clean energy.
- The UK government has initiated a comprehensive review of Ofgem, the energy regulator, to enhance its ability to protect consumers and ensure fair practices in the energy market.
- Proposed reforms include shortening complaint response times, improving access to automatic compensation, and granting Ofgem more authority to mandate refunds for customers affected by poor service or wrongdoing.
- The review aims to rebuild trust in the energy sector following the 2022 energy crisis, which exposed gaps in the regulator’s ability to handle price spikes and supplier collapses.
- Ministers are also focused on aligning Ofgem’s role with the government’s net-zero goals, including facilitating investment in renewable energy infrastructure and improving energy efficiency in homes.
- The review, set to conclude in February 2025, comes as the government faces criticism over high energy bills and controversial changes to winter fuel payments for pensioners.