2011 July news archive


28 July

British Gas price rises to "boost flagging profits"

Yellow flameCentrica, the company which owns British Gas, has raised the price of its gas and electricity bills to boost the company's flagging profits, according to the BBC. It reports that Centrica's price hikes - of 18% for gas and 16% for electricity - are directly designed to offset dwindling profits. The company has blamed rising ...

26 July

Only fuels and horses: MPs slam "Del Boy" energy firms

Gas ringMPs have criticised the 'Big Six' energy firms for using "Del Boy tactics" to sell gas and electricity. The Telegraph reports that the Energy and Climate Change Committee has slammed energy suppliers for "bamboozling" customers. The MPs reckon four out of every ten people who are convinced to swap energy suppliers by doorstep salesmen end ...

22 July

Three of the Big Six have announced energy price rises

Burning Gas OvenScottish and Southern has become the third of the 'Big Six' energy companies to announce price hikes for gas and electricity. The rises will add around £171 to the average dual fuel bill for its customers - as electricity leaps up 11% and gas by 18% in September. Scottish Power and British Gas have already ...

20 July

Gas and electricity bills "could double" in a decade

Electrical dischargeThe boss of energy supplier E.ON has warned consumers that energy prices could double in the next ten years. According to the Mirror, boss Graham Bartlett has warned bills could reach a staggering £2,500 by 2020. Ofgem, the energy watchdog, has already said it predicts rises of around 50%. The cost of implementing new green ...

18 July

Energy price increases 'threat' to business

Electricty pylonA new survey has found British businesses are seriously concerned about rising gas and electricity prices. The research, by RWE npower, found 300 companies listed energy prices as a top risk factor to their business. The study was carried out after British Gas became the second major UK energy supplier to announce inflation-busting price hikes. ...

15 July

Big Six say energy reforms will cost consumers

Yellow flameThe Big Six energy suppliers, which supply 99% of the UK's gas and electricity, are under fire for increasing prices. Two of the six have already announced rises four to five times the rate of inflation, citing market pressures for the rise. The other four are expected to follow suit. The Government has already announced ...

14 July

Energy price hikes will cause more fuel poverty - watchdog

Green Energy PlugMore than two million UK households will face fuel poverty because of gas and electricity price rises, according to a leading watchdog. Consumer Focus worked with the Centre for Sustainable Energy to analyse fuel poverty levels. It found almost one million households will be at threat from fuel poverty as a result of recent price ...

14 July

Cautious welcome for energy reforms from consumers

Burning Gas OvenA leading consumer group has praised plans to reform the energy market as laid out by energy minister Chris Huhne. Consumer Focus says the changes may lead to cheaper gas and electricity bills. The group has been outspoken in its calls for change - asking Government to consider better regulation in the energy market and ...

13 July

Simple ways to save on energy bills

House inside a lightbulbWith price hikes being announced by two major energy suppliers, with the other four companies in the "big six" expected to announce rises soon, many people are wondering how to get cheaper gas and electricity bills. Even energy minister Chris Huhne MP says customers should do more to bring down the cost of their energy ...

13 July

Which? watchdog warns suppliers over cold energy sales

House inside a lightbulbGovernment plans to introduce "smart meters" to monitor domestic energy use should not be used as an excuse to cold-call customers to sell products, according to a leading consumer group. Which? says energy companies could use the roll-out and installation of new smart meters as an opportunity to try to sell more services to customers. ...

12 July

Government plans huge new offshore wind farm

Green Energy PlugThe UK Government is set to unveil plans to create a huge offshore wind farm. But it is looking to exceed the recommended amount of energy generated offshore by five gigawatts. According to the Guardian, the Government is looking to press ahead with plans to generate offshore energy - but will go far beyond the ...

11 July

"Use price comparison sites to beat rises" - energy minister

Electrical dischargeThe Government has urged consumers to switch energy suppliers to get cheap gas and electricity bills on the back of more price rises. Energy minister Chris Huhne MP said people should use price comparison websites to find the best deal for their energy bills. Mr Huhne was speaking after another major energy supplier, British Gas, ...

08 July

Government moves to break up 'big six' energy suppliers

Electricty pylonSmaller energy suppliers will meet energy secretary, Chris Huhne MP, to discuss ways to break up the "big six" stranglehold on UK energy supplies. The six biggest suppliers, British Gas, E.ON, EDF, Scottish Power, npower and Scottish and Southern - account for 99% of the UK's energy supply. The Government is keen to get more ...

06 July

Ofgem investigates huge difference in wholesale energy prices

LightbulbHuge differences in wholesale energy prices are pushing up profits for gas and electricity suppliers, according to Ofgem. The Daily Telegraph reports that the energy watchdog is investigating the UK's "Big Six" energy companies, after figures revealed huge differences in their wholesale energy costs. In recent years, gas and electricity prices have risen across the ...