Does Ofgem set the price of energy? No, Ofgem does not control the price of gas and electricity beyond setting the energy price cap level. The price of energy is set by the gas & electricity suppliers. The energy suppliers say the price of energy is mostly influenced by supply and demand...
No, Ofgem does not control the price of gas and electricity beyond setting the energy price cap level. The price of energy is set by thegas & electricity suppliers. The energy suppliers say the price of energy is mostly influenced by supply and demand, which affects the cost of buying gas...