OFGEM (Office of Gas and Electricity Markets)

Ofgem, the Office of Gas and Electricity Markets, is the regulator responsible for overseeing the gas and electricity industries in Great Britain. Its role is to protect consumers, ensure reliable and affordable energy supplies, and promote fair competition among energy companies. Ofgem sets rules and standards, monitors market behavior, and works to encourage environmentally sustainable energy sources. Essentially, it acts as an impartial body that makes sure energy providers operate fairly, consumers are protected, and the energy system functions efficiently and responsibly.