Ofgem

Ofgem, short for the Office of Gas and Electricity Markets, is the regulator for electricity and natural gas markets in Great Britain. Its role is to ensure these essential energy services are reliable, affordable, and fair for consumers. Ofgem sets rules for energy companies, promotes competition to keep prices in check, and encourages sustainable practices to reduce environmental impact. It also protects consumers, especially those who are vulnerable or have difficulty paying bills. Overall, Ofgem works to maintain a well-functioning energy market that benefits both customers and the economy.