gas prices
Centrica warns of higher gas bills
British Gas owner Centrica has warned consumers to expect gas bills to increase, as wholesale prices continue to rise, according to an article published by BBC News. Although British Gas - one of the big six energy companies - previously implemented a five per cent price cut to its standard electricity tariff, Centrica has revealed ...
EDF Energy become first of 'big six' to reduce gas prices
One of the United Kingdom's "Big Six" energy suppliers, EDF Energy, has announced that it will cut its gas prices by around five per cent - and in the process become the first major supplier to implement a price cut. The cuts will come into play from February 7, and will mean that the average ...
Miliband to highlight plans to end dominance of the “big six”
Following on from Energy Secretary, Chris Huhne's speech at last week's Lib Dem Conference, Labour leader, Ed Miliband is set to use his party's own conference to highlight Labour's plans to provide families with cheaper gas and electricity, according to a report published by the Telegraph. Set to take place tomorrow (September 26) in Liverpool, ...
"Overcharging" claim by energy watchdog
Government energy watchdog Ofgem says the UK's biggest energy suppliers could be "overcharging" millions of customers. Huge prices rises have been announced across the board by five of the UK's Big Six energy firms - EDF Energy is yet to announce a hike. However, Scottish Power, Scottish and Southern, British Gas, Npower and E.ON have ...
Ireland sees gas prices rise and warns of higher electricity prices
Energy prices are expected to rise later this year in Ireland according to Ireland's energy provider Bord Gáis Energy, who warned of higher costs. The anticipated rise in gas prices will also push up electricity prices. While the wholesale price of gas increased in May, wholesale oil, coal and electricity prices all fell. Overall wholesale ...
Will gas overtake renewable energy?
Households which use gas might be surprised to hear that the head of a US conglomerate believes gas will overtake renewable energy in the coming years. Steve Bolze, chief executive of General Electric's power and water arm, told the Guardian that gas is an efficient way of meeting demand when the wind does not blow ...
Co-operative to become energy provider
The Co-operative is launching its own energy company to directly compete with the "big six" gas and electricity suppliers, due to the Ofgem market review, which advised providers to simplify their tariffs. Nigel Mason, Co-operative Energy spokesman, says: "It's time the industry had a radical shake up. Customers have been bamboozled by complicated tariffs and ...
Customers urged to change gas supplier before price hikes
People in the UK are being urged to switch gas suppliers before energy prices rise further, as suppliers British Gas owner Centrica and Scottish and Southern Energy have warned about price increases. Consumer Focus, the organisation that protects consumers' rights, says customers could be "grinding their teeth in frustration" after the latter energy supplier became ...
Gas prices in the US are hindering Obama
As gas prices soar in America and the rest of the world, the popularity of the world's most influential leaders is plummeting according to the results of a poll released on Monday. According to the Washington Post and ABC News those that were asked said that rising gas prices are a 'serious financial hardship' and ...
Ireland gas prices due to increase by 39.1 per cent
Many home and business owners were shocked this morning to find out that gas prices were due to rise by a massive 39.1 per cent from May 1st according to oilfiredup.com. The increase is due to one supplier, gas utility company, Pheonix, raising their prices. The new rises will see homeowners paying on average £603 ...
