Energy Suppliers

30 April

Ovo launches new system to encourage community led energy production

Electrical dischargeIndependent energy firm Ovo Energy has launched a new community led energy creation scheme designed to combat the monopoly of the UK's established Big Six energy suppliers. The energy supplier is offering to act as a co-ordinator and technology partner to help boost local energy production. It hopes to create as many as 500 providers ...

17 April

EDF opens new offshore wind farm and gas power plant

Power stationEDF Energy has announced the opening of a new gas power plant and offshore wind farm. Both the Teesside Offshore Wind Farm and the West Burton Combined Cycle Gas Turbine Power Station, in Nottinghamshire, were officially opened by the energy supplier's chairman and chief executive, Henri Proglio and energy minister, Michael Fallon. The offshore wind ...

08 April

Energy ombudsman: Complaints against energy suppliers up 224% in 2014

Blue flames of gasComplaints against energy suppliers in the first three months of 2014 have risen a staggering 224% up on the same time last year it has emerged. The figures from the energy sector's ombudsman show complaints trebled to 10,638 from a figure of 3,277 during the same period last year. With the latest statistics showing the ...

07 April

SSE boss admits energy industry needs to accept stronger regulation

LightbulbThe chief executive of SSE has stated that the energy industry needs to embrace proposed market reforms and accept tougher regulation. Alistair Phillips-Davies made the comments whilst speaking at the Energy, Politics and the Consumer event organised by Cambridge University and YouGov. Speaking at the event in London, Mr Phillips-Davies stated: "As privatised utilities, we ...

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 ...

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 ...

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 ...

28 February

Ofgem Tells Energy Suppliers To Trade Fairly With Smaller Firms

electricity pylon 2Energy industry regulator Ofgem has warned the UK's big six energy companies that they will face heavy fines if they don't trade fairly with smaller energy suppliers. Under Ofgem's new plans resellers will also be obliged to publish their wholesale energy prices two years in advance, making it easier for the smaller firms in the ...

20 February

Centrica announces British Gas profits dropped six per cent in 2013

LightbulbBritish Gas profits have dropped six per cent to £571m in 2013 according to the latest report from its parent company Centrica. Find out more.

14 February

Green energy supplier Ecotricity launches Green Electricity + Car tariff

Electrical dischargeOne of the UK's green energy suppliers has launched a new electricity tariff that will provide owners of electric vehicles with 1,000 free miles worth of electricity each year. Ecotricity's Green Electricity + Car will also provide consumers with home electricity. Those signed up for the tariff will also gain access to Ecotricity's the Electric ...