Energy Prices
Government investigation finds consumers are paying up to 30% more
Today the CMA have published their findings following an investigation into energy prices, concluding that domestic energy consumers are spending up to 30% more than they need to.
Big Six Cut Prices, but not enough, are you benefitting?
Prices from the big six have been cut, but after a recent study it has come to light that we could still be saving more.
Opinions are being weighed in from our own Scott Byrom, energy expert, Dr Richard Westoby, Director of retails economics at SSE, leading Ofgem and the Competition and Markets Authority to step in.
OVO energy shame 'Big Six' suppliers with massive price cuts
Bristol based energy supplier OVO energy has revealed what savings are possible, thanks to the falling price of gas, by cutting their prices by 10.4%. This is over double the price cuts that have been recently announced by bigger suppliers, such as British Gas.
Labour claim energy consumers deserve compensation if savings are not passed on
Labour front bencher and Shadow Energy Secretary Caroline Flint has criticised energy companies for not passing on savings from the faling wholesale cost of gas onto consumers, claiming compensation needs to be paid.
Homeowners choose to go cold this winter due to the rising cost of energy
A rise in the cost of energy has resulted in many households having to sacrifice heating to save money on their domestic energy bills this winter.
A report has revealed that Londoners are significantly less likely to switch their energy tariffs
A new report has suggested that residents in London are significantly less likely to switch their energy supplier. Scott Byrom, energy expert, suggests that the high proportion of rental properties in the country's capital is to blame.
SSE Airtricity implements gas price freeze until April 2015
SSE Airtricity has announced that it will freeze its gas prices for its customers in Northern Ireland until April 2015. The move comes after a the electricity and gas supplier and the Northern Irish industry regulating body, Utility Regulator, conducted a half-yearly review into current pricing strategies. As a result, SSE Airtricity has effectively given ...
nPower's chief exec blames Labour price freeze plans for high energy prices
The chief executive of big six energy supplier nPower has stated that it has not reduced its energy prices due to Labour's plans to implement a price freeze. Paul Massara made the claim in a letter to energy market regulator Ofgem. Labour leader, Ed Miliband, said almost a year ago that the party would implement ...
UK energy prices rising faster than in most countries in developed world, study finds
A new study has found energy prices are rising at a faster rate in the UK than in the majority of developed nations. Conducted by the House of Commons Library and based on figures provided by the Department of Energy and Climate Change (DECC), it highlighted that domestic gas and electricity prices have risen by ...
Energy bills take priority in homes across Europe
A recent study has found that homeowners are more likely to prioritise their energy bills over their rent or mortgage. Conducted by multinational retail company and B&Q owner, Kingfisher, the European Home Report 2014 features the responses of 17,000 households across nine European countries. Sixty-five per cent of the respondents stated that the rising costs ...
