Gas and electricity news and energy saving tips

01 May

Interest Rates Threaten UK’s Green Energy Shift

A recent report from the Resolution Foundation has sounded a warning regarding the impact of elevated interest rates on the UK's transition to renewable energy. According to the think tank, persistently high borrowing costs could significantly inflate expenses associated with the country's green energy initiatives.

22 Apr

Attacks in the Middle East Rock Oil Market

Oil prices experienced a downturn last week following Iran's strike on Israel. Brent crude, a commonly used global benchmark, edged lower. This decline contrasted with a price surge the week before as anticipation of Iranian action grew, pushing Brent crude to an almost six-month high.

15 Apr

Record-Breaking March Raises Energy Alarm

The last month will go down in history as the warmest March on record, marking the tenth consecutive month of record-breaking temperatures globally. This unsettling trend has raised concerns among scientists.

04 Apr

Understanding the April 2024 Price Cap Change

As Ofgem's energy price cap adjustment arrives, households across the UK are preparing to reassess their energy expenses. The shift promises to lower Britain’s energy bills to their lowest levels in over two years, offering welcome respite to consumers grappling with the cost of living crisis.

21 Mar

Heating the Future: Inside Energy House 2.0

To combat the challenges posed by the climate crisis, scientists and construction firms are questioning the conventions of home design. Researchers are testing new-build houses inside the first laboratory of its kind situated at Salford University, as The Mirror reported.

14 Mar

Spring Budget Burns Scottish Oil and Gas Industry

In a surprising move during the recent budget announcement, Chancellor Jeremy Hunt declared that the Scottish oil and gas industry would bear the brunt of his fiscal measures via the extension of the windfall tax on their profits.

01 Mar

Light at the End of the Tunnel for Bill Payers

In a positive turn of events, energy regulator Ofgem has announced a significant drop in the typical annual energy bill for British households. From April, a new price cap will result in a £238 per year reduction, bringing the average down to £1,690. This change marks the lowest energy prices for over two years, and experts expect it to offer some 29 million households across England, Wales and Scotland a degree of financial relief.

13 Feb

Russian Oil Seeping Through Sanction Loophole

As geopolitical tensions remain high as a result of Russia's actions in Ukraine over the past 24 months, recent revelations pose a challenge for the UK. Despite UN sanctions, millions of barrels of Russian oil are finding their way into the country.

31 Jan

The Current Reality of Fixed-Rate Energy

As the cost of living continues to rise, British households are grappling with the challenge of managing energy bills. The scarcity and high cost of fixed-rate energy deals have left consumers with limited options. In this article, we explore the current state of fixed-rate energy in the UK and its impact on bill payers.

24 Jan

Brighter Days Ahead with 16% Price Drop Forecast

After enduring two gloomy years of soaring energy costs, bill payers will be pleased to read that consultancy Cornwall Insight has predicted a substantial 16% drop in domestic energy prices this April. The anticipated reduction should relieve consumers grappling with high bills triggered by global events and disruptions.

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