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A quarter of households billed wrongly by energy companies
New research from Uswitch.com reveals that a quarter (25%) of households have been billed incorrectly by their energy company within the last two years[1]. Such is the industry’s track record …
£200 bill hike as cheap energy deals come to an end
Consumers who flocked to cheap fixed price energy deals could see energy costs rocket as deals expire Energy bills could rise by up to £214 as three ‘super-cheap’ price guarantee …
Big six energy suppliers are right to lash out at flawed reforms
Britain’s big six energy suppliers are right to lash out over flawed energy market reforms, says Uswitch.com, the independent price comparison and switching service. Consumers could end up with higher …
Energy price hikes fuel inflation increase
Today’s news that energy price hikes have helped to fuel an increase in the inflation rate (CPI)[1] is further evidence of the impact the high cost of energy is having, …
As one energy supplier hints of future price hikes, another launches the longest fixed price deal on the market
npower launches the longest fixed price energy deal on the market, giving consumers protection against price hikes until the end of 2015 (31st December) The new plan costs £1,305 a …
npower: profits up following price hike
npower’s parent company, RWE, reports a 10% increase in Group EBITDA and a 34% increase in UK operating results for 2012[1] npower hiked its prices last November (26th) by 8.8% …
After 6% price hike comes the profit for British Gas
British Gas Residential Supply reports 11% increase in year-on-year profits – operating profits up from £544 million to £606 million[1] British Gas hiked its gas and electricity prices this winter …
Cold war: just four in ten consumers trust energy suppliers
New research reveals that just four in ten consumers (40%) trust Britain’s energy suppliers[1]. The last few years of turmoil and focus on the industry have eroded trust further, with …
Uswitch.com comments on Ofgem’s proposals to deliver a simpler, clearer and fairer energy market
Today, Ofgem has announced its commitment to creating a simpler, clearer and fairer energy market. The energy regulator has promised to enforce tough new standards of conduct this summer, which …