Examples of Ofgem in a sentence
The Office of Gas and Electricity Markets (Ofgem) supports GEMA in its day to day work.
Supply Market Arrangements13, Ofgem said “many suppliers and consumer groups expressed concern about the detriment that poor conduct from intermediaries can create for consumers, and the more limited protections that apply to these activities”.
A3.3 Perceived importance of the PCW Confidence CodeDespite Ofgem highlighting the role that the Confidence Code plays in providing assurance to users that a PCW is accredited and operating on a best practice basis, research into the attitude of users themselves to the code indicates relatively low awareness and importance being assigned to it.
Ofgem has declared that energy providers should not use such ranges and doing so may breach their regulations14.
We would expect this work to start in the domestic market given the focus of Ofgem’s other consumer protection work, but it does show that its work on the TPI market has not been forgotten and further developments could be in the pipeline.In the absence of formal intervention from Ofgem, the industry has moved towards self-regulation in the first instance.