Press Articles

BFY Group is one of the UK’s fastest-growing management consultancies, trusted by leading organisations across Energy, Utilities, and Private Equity, to tackle their toughest challenges and deliver lasting results.

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31 Jan 2025

Price Cap set to increase by 5% (~£80) to ~£1,815 in April

Ofgem's Energy Price Cap is set to increase by 5% (~£80) in April 2025 to ~£1,815, and could stay at around ~£1,800 for the next 12 months, based on the latest BFY Group projection.
13 Dec 2024

Energy debt hits record £3.8bn, as Ofgem propose initiatives to raise standards

Energy debt has reached a new high of £3.8bn as of Q3-24, up £134m from the previous quarter, and £0.9bn over the past year. Alarmingly, there's no repayment arrangement in place for £2.9bn of this debt (around 2m customers).