October 2011 news archive
Gas exporter, BG, benefits from rising energy prices
One of the United Kingdom's biggest exporters of oil and gas has announced a rise in profit margins, according to an article published by the Telegraph. Benefitting from the rising energy prices implemented by the "big six" energy suppliers in the past few months, the BG Group has revealed that their profits have risen considerably ...
Household location can impact the price of energy prices
The region in which customers live could cause their energy prices to increase, it has been claimed, according to an article published by Energy Choices. One price comparison service found that customers from one region were being charged up to £180 more when compared to those living in other areas - all this despite being on ...
E.ON study reveals small businesses in UK missing out on potential saving of £2,000
Results from a study carried out by E.ON - one of the "big six" energy suppliers - has revealed that small businesses in the United Kingdom are losing around £7.7 billion per year, just by failing to install energy efficiency equipment, according to an article published by BusinessGreen. This energy efficiency equipment, which includes energy ...
E.ON, EDF, SSE and British Gas contribute £400,000 to energy saving awareness program
Following the "energy summit" that saw the government, industry regulator Ofgem and members from the "big six" energy suppliers meet to discuss the rising prices of gas and electricity, four of the suppliers have pledged £400,000 towards an energy saving awareness program, according to a report published by Energy Choices. The £400,000 will go towards ...
Energy suppliers 'performing credit checks on customers'. according to Consumer Focus
With public trust levels at an all time low, Consumer Focus has now warned that energy suppliers are performing credit checks on customers - which could see them penalised - according to an article published by the Telegraph. Consumer Focus has stated that customers suffering from a poor credit record with other services could be ...
David Cameron urges energy customers to "shop around" for best deal
Following a number of recent accusations that the so-called "Big Six" energy suppliers are dominating the market to a level that prevents the development of competition, the Prime Minister has now stated that the companies will be under permanent scrutiny to ensure that smaller firms can compete, according to an article published by the Guardian. ...
UK energy suppliers profit margins increase by huge amount, according to Ofgem
At a time when prices have risen and trust levels have fallen to an all time low, it has been revealed that energy supplier's profit margins have increased massively, according to an article published by BBC News. Energy industry regulating body, Ofgem has revealed that the overall profit margin per person displayed a rise from ...
Scottish and Southern's planned overhaul criticised by rivals
Following Scottish and Southern CEO, Ian Marchant's attack on other member of the "Big Six" energy suppliers and the announcement of the company's new planned tariff overhaul, a number of detractors have come forward to have their say, according to an article published by the Independent. Scottish and Southern's new plan will see it auction ...
Scottish and Southern's Ian Marchant lashes out at competitors
A prominent member of the so-called "Big Six" energy suppliers in the United Kingdom, Scottish and Southern has launched as scathing attack on its rivals, according to an article published by the Telegraph. The supplier's CEO, Ian Marchant, speaking at the Policy Exchange event criticised competitors, accusing them of adopting "predatory pricing" techniques that prevent ...
Minister calls on energy suppliers to offer Warm Home Discount to all eligible customers
Speaking out against the first-come, first-served nature of the Warm Home Discount Scheme - which allows energy suppliers to limit the amount of families they provide with a discount - the Government has said that it wants to see firms offer the discounts to all who qualify, according to an article published by BBC News. ...
Consumers struggling with rising energy bills, according to new studies
Although weather conditions are set to become much colder in the next month or so, a new study has revealed that consumers will avoid turning on the heating because of the recent price increase implemented by the so-called "Big Six" energy suppliers. The YouGov poll that was commissioned by Anglian Home Improvements revealed that one ...
Study suggests widespread consumer worry about rising energy prices
Recent research has suggested that around a third of consumers feel that energy prices are too high, according to an article published by Which?. The revelation comes as no real surprise following a period that has seen all of the "big six" energy suppliers - a group consisting of British Gas, E.ON, EDF Energy, Scottish ...
E.ON look to build trust amongst consumers with free energy scheme
Energy supplier E.ON is looking to go some way in rebuilding trust amongst consumers by launching a new Energy Fit Plan scheme, according to an article published by Marketing Magazine. The scheme will offer two months' of free gas and electricity - on the 12th and 24th month of a customers contract. Following criticism of ...
Energy suppliers withdraw fixed-price energy tariffs
As a number of energy suppliers have withdrawn their cheapest tariffs from the market, the average cost for the cheapest fuel deals - including both gas and electricity - has, as a result, risen from £990 to £1,050, according to an article published by Which?. Typically tying customers in a contract of a year or ...
Survey shows disconnect in opinions held by consumers and energy suppliers
A recent survey conducted by Ernst and Young has revealed a consumer belief that the smart meters provided by other technology firms will be much more trustworthy than those of energy suppliers, according to an article published by BusinessGreen. Ernst and Young's results come at a time when many energy companies are planning to offer ...
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