Five million homes owe £637m to energy suppliers
The number of people who owe money to their energy supplier has risen by more than one million in a year, with around one in five households now in debt, a new study suggests. UK consumers owe a total...
View ArticleOvo Energy’s immediate 5.8% price hike
Energy company Ovo Energy has announced it is increasing its gas and electricity prices by 5.8% with immediate effect. Its New Energy Fixed plan, believed to be its cheapest tariff, will add £68 to the...
View ArticleQueen’s speech welcomes “Deeply unsatisfactory” delays to Energy Bill
Concerns over more delays to energy market reform came close to confirmation today when the Queen made her annual visit to the House of Lords to announce the year’s key policies without the report...
View ArticleUK calls for 50% EU emissions cut but rejects renewables target
The UK Government wants the EU to commit itself to reducing carbon emissions by 50% by 2030 but said it would oppose any renewables target. Energy Secretary Ed Davey called for the tough new emissions...
View ArticleOfgem’s energy tariffs comparison ‘still too complex’
The Government’s plans to simplify energy tariffs for consumers to find the best deal are “still too complex”, according to a new survey. Consumer body Which? is calling for a single unit price for...
View ArticleGuest Blog: Paul Massara – Sort the capacity mechanism out, sharpish
You may find it hard to believe given the intense scrutiny energy firms get from the press – but when I and the chief executives of seven other leading European energy companies sent a letter to EU...
View ArticleSupplier wants transparent Contracts for Difference to protect customers
An energy supplier is calling for a transparent Contract for Difference in the new Energy Bill to protect business energy customers. Haven Power which is sponsoring The Energy Live Consultancy Awards’...
View ArticleDECC promises greater investor certainty with new draft EMR
Up to £110 billion worth of investment for new electricity infrastructure in the UK will be delivered by 2020, the Government claims. It published the draft Electricity Reform Delivery Plan for...
View ArticleFrack on! Osborne unveils ‘most generous’ shale gas tax break
Chancellor George Osborne has announced a 30% tax break for fracking companies in the UK in a bid to kick-start a shale gas revolution in the country. The Government said it is the “most generous”...
View ArticleDECC boosts support for independent renewable generators
The UK Government has pledged to improve access for independent renewable energy generators into the electricity market and make it easier for them to sell power to their suppliers. Energy Minister...
View ArticleLong-term energy contract to save UK Government £97m
The UK Government could save as much as £97 million on its energy bill under a 20-year contract formally finalised last week. The savings will be £13 million more than the previous figure expected over...
View ArticleNpower cuts energy tariffs to four and simplifies bills
Power supplier npower has pledged to cut the number of energy tariffs it offers for sale to four by October this year. It revealed a total redesign of its energy bill today in a bid to “cut out the...
View Articlenpower’s Wayne Mitchell’s Blog
Working towards greater predictability for 16% of your energy bill If I had a pound every time a customer tells me they want greater certainty when it comes to forecasting future energy costs, I’d be...
View ArticleUK Government rules out subsidies for gas storage
The UK Government has decided against subsidising for new gas storage facilities saying it would be too expensive for bill payers. Energy Minister Michael Fallon made the announcement yesterday and...
View ArticleE.ON launches flat rate standing charge for small businesses
Power supplier E.ON is introducing a flat rate electricity and gas standing charge in a bid to make pricing easier for small businesses. The new move will benefit businesses joining the energy company...
View ArticleTenants could save £190 on energy bills by switching
Bill payers living in rented accommodation could save an average of £190 by switching energy suppliers, Ofgem reveals. The regulator has published guidance for tenants setting out their energy rights...
View Articlenpower’s Wayne Mitchell’s Blog
Covering the A to Z of energy in two days This week’s Energy Event was abuzz with activity. A packed schedule of events, workshops and presentations kept visitors informed and entertained. As you might...
View ArticleMichael Fallon defends Government’s EMR
Three years after the conception of the Energy Bill, it is finally making its way through Parliament and is expected to become law by the end of this year. And with the Electricity Market Reform (EMR)...
View ArticleMichael Fallon defends Government’s EMR
Business and Energy Minister Michael Fallon has insisted the Coalition is providing consumers with all the information they need about the Electricity Market Reform (EMR) and is on track to attract...
View ArticleGuest Blog: Jo Butlin – Time to change the story on energy prices
Was it just me who got angry when they read the ‘shock’ news last week that British Gas was putting up prices again? And it wasn’t anger about the news per se but more that the focus of the story again...
View Article