energy prices
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. ...
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 ...
With profits up, British Gas owner Centrica vows to hold energy prices
British Gas owner Centrica has vowed to hold its energy prices at the same rate as it confirms it is well on the way to meeting profit expectations. The 'Big Six' energy company expects to see a seven per cent rise in group operating profits for the full year and has cited the long period ...
MP Proposes Reforms For Energy Suppliers
Customers could be getting a better deal on the energy they use, if Government plans go ahead. John Penrose, MP for Weston-Super-Mare, has released a policy document entitled We Deserve Better. The document outlines plans to "put customers first," citing consumer distrust of the utility industry. Proposals put forward in Penrose's document include switching from ...
Concerns re-emerge over chance of higher energy bills after more snow
Following yet another bout of snow across some parts of the UK, there have been renewed concerns over the prospect of the bad weather leading to a rise in domestic energy bills. New reports suggested March was the second coldest on record; with the extended period of cold weather seeing severe shortages of gas supplies ...
FPAG: Fuel poverty could hit over 300,000 homes this winter period
Thousands of UK households could be plunged into fuel poverty this Christmas according to a new report. The Fuel Poverty Advisory Group (FPAG) study claimed the increase in energy bills could potentially put 300,000 homes into fuel poverty over the winter period. A number of energy firms, including the 'Big Six' have all bumped up ...
Davey: Cheaper UK energy tariffs on the way?
Energy companies should discard their abundance of confusing tariffs in favour of a more customer friendly system Ed Davey is expected to announce today. The energy secretary is expected to suggest that UK energy providers cut tariffs to a choice of four, and put customers on the cheapest one available. Davey is expected to make ...
SSE announce profits of a staggering £2m a day
The second biggest energy provider in the UK has revealed profits of a staggering £2 million a day. SSE, part of the Warm Home Discount Scheme, have revealed pre-tax profits of £397.5 million for the six months up until September - a figure 38 per cent higher than the £287.4 million it made in the ...
EDF Energy unveils Blue+Price Promise
EDF Energy has provided its customers with a boost after announcing the launch of Blue+Price Promise. Under this new initiative customers will have the chance to avoid any future price rises up until May 2014. This means that EDF customers could fix their energy prices - at a competitive rate - for the next couple ...
E.ON vows to maintain current gas and electricity prices
Following SSE's announcement last week that it would be increasing its energy prices by around 9 per cent from October, E.ON has revealed that it will not by increase its standard gas and electricity prices. Providing its customers with a sense of relief, E.ON has stated that it will also take steps to simplify its ...
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