2014 March news archive


26 March

SSE to freeze gas and electricity prices until 2016

LightbulbSSE has announced that it will freeze its domestic gas and electricity prices until 2016. The big six energy supplier revealed that the move would reduce its profits. As a result it has said  around 500 jobs will be cut, and  plans to construct three offshore wind farms postponed to make up for the expected ...

25 March

UK energy suppliers rally against pending competition inquiry

Electrical dischargeA number of UK energy suppliers have protested against the possibility of an industry wide inquiry - claiming the number of operators is the highest it has been in more than 15 years. The firms are on the defensive following news Ofgem, the UK energy regulator, is expected to recommend an inquiry into both the ...

21 March

Good Energy trials new smartphone app for HomeGen customers

Green Energy PlugGreen energy supplier Good Energy has unveiled a new smart phone app designed to allow customers to easily claim incentive payments on the energy they generate from solar panels fitted to their homes. The app will initially launch on a trial basis and will support the supplier's HomeGen scheme. This scheme allows customers with domestic ...

20 March

Ed Davey: Scotland faces higher energy bills if it leaves the UK

Electricity power lines at nightEd Davey has claimed Scotland will face higher energy bills and taxes if it leaves the UK. Talking at the Scottish Renewables Annual Conference in Edinburgh, the energy secretary claimed energy powering Scotland's three million homes is currently subsidised by the other 33 million plus homes in the UK. A potential alternative to higher bills ...

20 March

British Gas to offer customers free electricity on Saturdays

Electrical dischargeBritish Gas has revealed that it will roll out an initiative that will see its customers get free electricity on Saturdays. The big six energy supplier previously offered 2,000 customers free electricity on a Saturday as part of a trial run. From this it found that 60 per cent of those partaking in the trial ...

17 March

Simplified energy tariffs still confusing claims Which?

House inside a lightbulbThe new simplified energy tariffs are still too confusing for many customers according to Which? Despite a host of changes to the layout and structure of energy bills, a survey from the consumer watchdog highlighted many people were still not picking the cheapest available deal: only 35% of the 500 participants actually picked the lowest ...

14 March

Plans for QR codes on energy bills outlined by the Government

Electrical dischargeThe Government has outlined plans for energy bills to feature QR codes, which would enable consumers to see how much gas and electricity they've used in their homes. It would also enable consumers to determine whether or not they were on the best energy deal. QR codes, or Quick Response Codes, are barcodes that essentially ...

11 March

SSE and UKPN to be investigated by Ofgem following Christmas power cuts

Electricity PylonTwo energy suppliers are to be investigated by industry regulator Ofgem for their responses to the storms that left thousands of UK homes without power at Christmas last year (2013). Around 16,000 homes in total lost electricity during the storms. The majority were reconnected within 24 hours according to Ofgem. However, Scottish and Southern Electric ...

11 March

Good Energy wins Climate Week award for commitment to renewable energy

Green Energy PlugGood Energy has received an award in recognition of its promotion of renewable energy in the UK. The first supplier of 100 per cent renewable electricity won 'best business initiative' at the recent Climate Week awards. Climate Week is a national initiative designed to highlight the positive actions of individuals, organisations and communities in every ...

10 March

National Grid stats: Wind power produced 11% of UK's electricity in Feb

Green Energy - Turbines WindmillsWind power supplied more than 11% of the UK's electricity supply in February according to new figures from National Grid. The results from British multinational electricity and gas utility company showed the wind power industry was smashing a number of records over the last few months: The February figures broke the previous record set in ...

07 March

Centrica chief: Britain will import 70% of its natural gas supply by 2020

Gas hob 1Britain will import at much as 70% of its gas needs by 2020 the boss of British Gas parent company Centrica has warned at an international energy conference.

06 March

npower owner RWE posts first loss in more than 60 years

Power stationThe German owner of big six energy supplier npower has warned that stronger market competition is likely to lead to reduced profits in 2014. RWE posted a net loss of €2.76 billion last year (2013), having previously registered a profit of €1.31 billion in 2012. It is the first time RWE has posted a loss ...

05 March

ONS report shows Northern Ireland energy bills the highest per month

House inside a lightbulbHouseholds in Northern Ireland fork out the most money per month on energy bills in the UK new research has revealed. The Office for National Statistics figures show the average spend of Scottish homes is £112 a month, making it the highest in Britain compared with £105 in Wales and £103 in England: in terms ...

04 March

Good Energy to increase dual fuel tariff price by 2.2%

Green Energy PlugGood Energy has announced that it will implement a price increase on its domestic dual fuel tariff. The green energy supplier revealed on Friday (28 February) that the tariff would rise by 2.2 per cent on 2 April, seeing the average cost of energy for customers hit £1,199 per year. Whereas the majority of energy ...

03 March

Ofgem tells 'Big Six' suppliers to cough up £400m from switched accounts

Electrical dischargeOfgem has ordered the 'Big Six' energy suppliers to hand back a staggering £400m in owed money to customers. The UK energy regulator said credit had been allowed to sit in people and business accounts over the last six years, with many customers moving on to another supplier unaware of the funds still sitting in ...