Britain Overhauls Energy Regulator Ofgem to Protect Consumers
Key Points: The British government announced a massive overhaul of the national energy regulator, Ofgem. Ofgem will gain brand new powers to directly enforce consumer law without going through a lengthy court process. The regulator can now legally ban executive bonuses if energy bosses break the rules and treat customers unfairly. The government will transfer oversight of home upgrade schemes from Ofgem to the newly...