Energy Suppliers

04 August

Centrica reveals British Gas profits down for 2014's first half

LightbulbBritish Gas' profits have fallen during the first half of this year its owner Centrica has announced. The big six energy supplier's operating profit from its residential supply arm fell to £265 million for the first half of this year. It attributed the fall to the considerable spells of warm weather the UK has experienced ...

30 July

ScottishPower sees energy customer figures remain at a steady level

Electricty pylonScottishPower has revealed that it's been able to retain its customer levels during the first half of this year. Owned by Spanish company Iberdrola, the energy supplier revealed that its customer base remained at 5.6 million - the same amount it registered in June and December of last year (2013). In total, 2.2 million of these ...

23 July

UK and Germany revealed as highest greenhouse gas contributors

Power stationA new report produced by WWF (Worldwide Wildlife Fund for Nature) and CAN (Climate Action Network) Europe has revealed that the UK and Germany are the largest contributing sources of greenhouse gas emissions. Although both countries have been advocates for cutting greenhouse gas emissions, 18 out of the 30 highest polluting coal power plants are ...

07 July

Ofgem confirms British Gas has been hit with £1m fine for mis-selling

Gas hob 2British Gas has been forced to pay out £1m to customers after it was found guilty of mis-selling energy deals. Last week, the 'Big Six' energy supplier was rumoured to be facing a £500,000 fine because some of its sales staff members had been found to have exaggerated claims during face to face sales, however ...

02 July

British Gas alleged to be paying out £500,000 after mis-selling claim

LightbulbBritish Gas is the latest of the 'Big Six' energy suppliers to be embroiled in an alleged mis-selling scandal. It has been reported the energy giant will shell out £500,000 after it was revealed it had allegedly mis-sold to thousands of customers by providing inaccurate savings estimates through face-to-face sales. British Gas and Sainsbury's Energy ...

20 June

Npower told by Ofgem, fix customer service failings or stop new sales

Gas hob 1Big Six energy supplier Npower has been warned by Ofgem it may be forced to stop new sales, unless it addresses a number of customer service failures including sending bills out in time. The UK's energy regulator warned the firm it needed to start meeting monthly targets on late billing within the next three months, ...

19 June

ScottishPower faces renewed challenge over £79m warranty scandal

Electrical dischargeOne of the UK's Big Six energy suppliers has once again been embroiled in one of the country's largest ever extended-warranty scandals - more than a decade after initially making a £6m settlement. Scottish Power has been accused of evading payments owed to more than 600,000 customers at a valued at a staggering sum of ...

13 June

Irish energy supplier Vayu set to expand into the UK energy sector

Blue flames of gasAn Irish energy supplier is set to join the UK energy market it has revealed. Vayu will expand into the UK natural gas market with the aim of targeting the industrial and commercial sectors as it looks to capitalise on a UK sector significantly larger than Ireland's. Vayu commercial director, Liam Faulkner, said: "We believe ...

23 May

'Big Six' energy supplier SSE posts record breaking profits of £1.55bn

Gas hob 2The 'Big Six' energy supplier SSE has reported a 9.6% rise in annual pre-tax profits to a record figure of £1.55bn for the year to 31 March. Despite overall profits being up however, the firm's retail business saw a significant 28.6% annual drop in operating profit - down to £292m. Last November SSE increased its ...

14 May

nPower tops energy complaints league table

PlugNew research conducted by the Citizen's Advice Bureau has found that nPower was the most complained about big six energy supplier in the UK from October to December 2013. The supplier has sat at the top of the table since the end of 2012. It received 306 complaints for every 100,000 customers - almost ten ...