Ofgem definition

Ofgem means the Office of Gas and Electricity Markets (or any other organisation that replaces it);
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Ofgem means the Office of Gas and Electricity Markets;
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Ofgem means the body known as the Office of Gas and Electricity Markets.
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Examples of Ofgem in a sentence

  • Your contract will end when:• you switch to another supplier, or• someone else becomes responsible for paying for energy at the property, or• we disconnect your energy supply, or• the energy regulator, Ofgem, orders another company to take over supplying your property.

  • Actions taken to remedy this situation have included direct engagement by the CDSP (Xoserve) and a letter from Ofgem to involved parties.

  • Distribution transportation charges are derived in relation to a price control formula set by Ofgem, the gas and electricity market regulator, for the transportation of gas.

  • Ofgem has the right to veto any proposed changes to the methodology.

  • If the highest number of bankrupted utilities can be found in the UK, this is in part because of the cap put in place by the regulator, Ofgem, on how much utilities can charge their clients per year.For a household with a typical energy use, this cap was re-evaluated at £1,277 (+£139) on 1 October 2021.


More Definitions of Ofgem

Ofgem means the Office of Gas and Electricity Markets.
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Ofgem means the Gas and Electricity Markets Authority and/or the Office of Gas and Electricity Markets, including their successor office or body, as appropriate.
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Ofgem means the Office of Gas and Electricity Markets (or any other organisation that replaces it); “our”/ “we” / “us” means People’s Energy (Supply) Limited and/or our permitted successors and/or assignees;
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Ofgem means the Office of Gas and Electricity Markets, which regulates electricity and gas markets in Great Britain
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Ofgem means the Office of Gas and Electricity Markets, set up by Parliament to protect the interests of energy customers. Their address is 9 Millbank, London, SW1P 3GE.
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Ofgem means the office of Gas and Electricity Markets;
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Ofgem the Office of Gas and Electricity Markets, the regulator of gas and electricity markets in Great Britain.
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