29/05/2026
OFGEM is not your friend.
The CEO earns around £300,000 a year.
Every few months they wheel someone out onto breakfast TV to explain why your bills are going up again,while still pretending the “price cap” is there to protect you.
Protect you from what exactly?
Affordable energy?
Because this magical “cap” seems to have one incredible feature, it only moves in one direction when global gas markets throw a tantrum.
And now Ofgem openly admits the latest increase is being driven by events in the Middle East.
Think about how ridiculous that is for a second.
Britain has spent years expanding renewables, yet millions of households are still effectively hostage to fossil fuel volatility and geopolitical chaos thousands of miles away.
A conflict abroad happens, and suddenly pensioners in Preston and families in Birmingham are expected to just accept another double-digit increase in bills.
Then Ofgem appears on TV to calmly explain why it’s unavoidable.
No. It’s unavoidable because the system is designed this way.
The same people screaming that renewables are “expensive” are somehow silent every single time gas prices explode and drag the entire electricity market up with them.
Wind doesn’t get more expensive because of tensions in the Middle East.
Solar panels don’t suddenly demand higher wages.
The fuel is literally free.
Yet Britain still prices huge parts of its electricity market as though every unit was generated by gas.
Absolute madness.
And calling it a “price cap” is one of the greatest branding exercises in modern history, because the average person hears “cap” and assumes prices are controlled.
They aren’t.
It’s basically Ofgem saying…
“Don’t worry everyone, there’s a limit to how badly you can be fleeced.”