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In the British electricity market, different functions of the electricity system are separated, with this practice beginning in the 1980s. The activities of generators, transmission operators, system operators, distribution operators and suppliers are separately licensed by Ofgem, with a single business unable to perform multiple functions due to UK Competition Law.
The Office of Gas and Electricity Markets (Ofgem), supporting the Gas and Electricity Markets Authority (GEMA, the Ofgem Board [2]), is the government regulator for the electricity and downstream natural gas markets in Great Britain. [3] It was formed by the merger of the Office of Electricity Regulation (OFFER) and Office of Gas Supply (Ofgas).
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The average household energy bill will rise by £94 a year from January after Ofgem increased its price cap in response to rising wholesale prices.
Energy price cap falls below £2,000 for first time in over a year but households still face high bills
This is a list of countries by household final consumption expenditure per capita, that is, the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households during one year, divided by the country's average (or mid-year) population for the same year.
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In September 2021, Ofgem published the Smart Export Guarantee (SEG) Annual Report 2020–21, stating that 4,593 generators signed up to a SEG tariff in 2020–21, with a total installed capacity of 19,195 kW; exports totalled 2,568,810 kWh and generators received £114,480 in payments.