UK regulator Ofgem to gain powers to fine energy suppliers and restrict executive bonuses

Ofgem will receive new enforcement authorities under an upcoming energy independence bill to order compensation, levy fines, and ban operators that have mis-sold contracts to households and businesses.

First covered Nov 3, 2026 · 10:00 PM PT · 1 article

UK regulator Ofgem to gain powers to fine energy suppliers and restrict executive bonuses — Image via theguardian.com

Coverage

7d Guardian Environment Rogue UK energy bosses and brokers face crackdown on mis-selling — Exclusive: Ofgem to be given powers to issue fines and rein in bonuses for executives who ‘reward themselves while customers suffer’ Energy bosses in the UK…

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aol.com Energy firm bosses could lose bonuses if they ‘break the rules’ in major Ofgem reforms - AOL

ua.news UK plans to give Ofgem power to fine energy brokers — The Guardian

indexbox.io Energy Independence Bill: Standing Charges Scrapped, Ofgem Powers Strengthened - News and Statistics - IndexBox

Appeared in: 2026-11-04 (#17)

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