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 downstream natural gas markets in Great Britain.[2] It was formed by the merger of the Office of Electricity Regulation (OFFER) and Office of Gas Supply (Ofgas).

Office of Gas and Electricity Markets
Welsh: Swyddfa’r Marchnadoedd Nwy a Thrydan
Non-ministerial government department overview
Formed1 November 2000; 22 years ago (2000-11-01)
Preceding agencies
  • Office of Electricity Regulation
  • Office of Gas Supply
JurisdictionGreat Britain
Headquarters10 South Colonnade, Canary Wharf, London, E14
Annual budgetFor 2015–2016 Parliament approved through the Main Estimate a gross resource budget of £89.5 million[1]
Minister responsible
Non-ministerial government department executive

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