What is Ofgem?

Answer

Ofgem stands for the Office of the Gas and Electricity Markets and is the official body that regulates the gas and electricity markets in Britain. It does this by regulating the monopoly companies that run gas and electricity networks and promoting competition.
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Office of Gas and Electricity Markets
The Office of Gas and Electricity Markets (Ofgem), supporting the Gas and Electricity Markets Authority (GEMA), is the government regulator for the electricity and ... More »
1 Additional Answer
Ofgem, the Office of Gas and Electricity Markets is the regulator of the gas and electricity industries in Great Britain. New suppliers need to be licensed by Ofgem before they can supply you with gas and/or electricity. It is one of Ofgem's roles to ensure that licensed energy suppliers can meet their customers’ energy needs.
Q&A Related to "What is Ofgem"
OFFER.
http://wiki.answers.com/Q/What_is_acronym_for_pred...
Office of Gas & Electricity Markets (UK government)
http://acronyms.thefreedictionary.com/Ofgem
There is no longer any point to OFGEM. It does NOT protect consumer interests or promote competition, as it is supposed to! It has allowed the "big six" companies to form
http://uk.answers.yahoo.com/question/index?qid=201...
Ofgem were the regulatory body. In regard to Transco, who were fined £15 million under Health and Safety legislation, a record to this day. Transco is no longer responsible
http://uk.answers.yahoo.com/question/index?qid=200...
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Ofgem stands for The Office of Gas and Electricity Markets. It works for the Gas and Electricity Markets Authority (GEMA). It is the government regulator for the ...
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Ofgem which stands for Office of Gas and Electricity Markets is a regulator of the natural gas and electricity markets in the Great Britain. This organisation ...
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