Gas and electricity news

BT announces deal with npower to use 100% renewable energy power

In a significant move to make itself greener BT has announced a deal with UK energy provider npower to receive 100% of its power in the form of renewable energy. As part of the telecommunications giant's Better Future strategy, the move is set to make it one of the biggest companies in the world to ...

24 May

'Big Six' energy firm SSE announces retail profits up almost 27.5% to £410m

The 'Big Six' energy firm SSE has announced a significant rise of 27.5% in retail profits, seeing its operating profits soar to £410m. The energy provider announced the latest figures as part of a financial report under the sub-heading of " Retail: Earning the right to make a profit." As with a number of its ...

23 May

Research reveals UK energy bills up by as much as £250 per household

New research has shown energy companies have pushed up power bills by as much as £250 per household in the UK. The information, unearthed by shadow energy secretary Caroline Flint, revealed industry mark ups have gone up 39% in the case of electricity and 69% in the case of gas in the last ten years. ...

21 May

First Utility boss: Energy bills soon higher than mortgage repayments

The boss of a major UK gas and electricity supplier has warned energy bills could overtake the amount homeowners pay on their mortgages in the next five years. First Utility's Ian McCaig made the claims in light of new research from his firm which suggests the average UK dual-fuel bill has risen 8.5% - seeing ...

21 May

Ed Davey: 84% of energy consumers may be missing out on best deals

The Government is looking to encourage more people to switch to different energy providers in order to cut down on energy bills and save money. According to energy secretary, Ed Davey, switching energy suppliers could save UK homes as much as £158 a year: However, 84% of households have failed to capitalise on such opportunities, ...

20 May

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