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Yellow flame

Consumer anger highlighted in YouGov research findings

The results of a recent study have confounded the general view that the consumer level of trust for energy suppliers is at an all time low. According to an article published by the Independent, the study, conducted by YouGov, has shown that 84 per cent of people believe that energy suppliers are maximising their profits ...

20 April

Woman keeping warm in winter

E.ON joins Which?'s Big Switch

E.ON has confirmed that it will be participating in Which?'s Big Switch scheme, according to an article published by This Is Money. However, it has warned the 250,000 customers signed up for the scheme not to expect cheap electricity and gas tariffs, stating that it won't be "deep discounting" to win the reverse auction - ...

19 April

Woman keeping warm in winter

Consumers to receive annual letter informing them of "best tariffs"

The UK's Big Six energy companies have agreed a move with the Government that will see them write to their customers to inform them of the best available tariffs. Consumers will receive at least one letter a year informing them of available tariffs, as well as advice on how to switch. Recent statistics have shown that ...

16 April

Blue flames of gas

E.ON sales techniques to be investigated by Ofgem

Energy supplier, E.ON is being investigated by Ofgem over its selling techniques, according to an article published by BBC News. Ofgem has revealed that it is investigating whether members of E.ON's staff have used misleading sales information in a bid to lure customers away from its rivals. The industry regulator is investigating both sales made ...

11 April

Burning Gas Oven

Suppliers making £168 each second

An in-depth analysis into the often complex accounts of major energy suppliers has found that they make a staggering £168 each second, according to an article published by This Is Money. The analysis only covered the four firms that had disclosed their financial results for 2011 - EDF Energy, British Gas, nPower and Scottish Power. Between ...

15 March

Gas ring

More supplier payouts could follow Ofgem investigation

Energy suppliers Scottish Power, nPower and SSE could be forced to pay out a financial package - like EDF Energy - if they've been found guilty of misleading potential customers in an Ofgem's investigation, according to an article published by the Telegraph. EDF has agreed to pay out a total of £4.5 million - a ...

12 March

Family of feet warming at a fireplace

Complaints against energy suppliers fall

Consumer Focus figures have shown the amount of complaints registered by consumers about energy suppliers in the UK has fallen, according to an article published by BBC News. Complaints made against the 'big six' energy suppliers - nPower, SSE, British Gas, Scottish Power, EDF Energy and E.ON - fell by four per cent during the ...

08 March

Blue flames of gas

RWE deny rumours of impending nPower sale

Despite a reported 34 per cent increase in profits for 2011, German company RWE has had to deny rumours that its nPower arm is up sale, according to an article published by the Telegraph. nPower's profits for 2011 rose to £313 million; however, nPower, like most other energy suppliers, has come in for criticism following ...

07 March

Yellow flame

Sticking with energy supplier 'subsidises' cheap deals for new customers

The results of a recent study have shown energy customers who remain on the same tariff with the same provider could be subsidising the cheaper deals offered by energy suppliers to newer customers, according to an article published by Energy Choices. Conducted by think tank, the Institute for Public Policy Research (IPPR), the study found ...

02 March

Family of feet warming at a fireplace

Ofgem warns 'big six' to cut prices or face potential price cap

Industry regulator Ofgem has warned the 'big six' energy suppliers to either cut their gas and electricity prices or face a mandatory cap, according to an article published by the Daily Mail. In just ten years energy bills have doubled to £1,250 - a factor that has left around 5.5 million households in the United ...

17 February

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21 May 2012

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