Gas and electricity news, Oct - Dec 2005

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Gas prices in 2006 'will inevitably rise'

30 December 2005

Consumers can now definitely expect to pay inflated gas prices next year, the managing director of British Gas announced yesterday.

UK's gas supply 'could be 80 per cent imported by 2020'

28 December 2005

The UK risks falling behind energy policy goals and becoming reliant on gas imports unless action is taken, energy minister Malcolm Wicks has warned.

Underground gas storage could help ease prices

23 December 2005

Gas giant Ineos has announced plans to build an underground gas storage site in the north of England to help reduce the UK's gas flow problems in the future, according to Reuters.

Small businesses advised to save money on water

22 December 2005

Small businesses could make significant savings by changing to pay for their water by meter, according to advice from the Consumer Council for Water.

Brick-makers extend Christmas break as industry feels gas squeeze

21 December 2005

Two thirds of the UK's brick-makers will extend their Christmas break in efforts to offset the costs of soaring wholesale gas prices, the Brick Development Association warned yesterday.

Water companies improving efficiency

20 December 2005

Firms supplying water in England and Wales are making clear efforts to improve efficiency, according to a new report from regulatory board Ofwat today.

Gas strikes averted by pension deal agreement

20 December 2005

Proposed strikes by British Gas engineers on December 21st were shelved after the GMB Union agreed a new pension deal with Centrica bosses.

Centrica predicts increasing gas prices

16 December 2005

Energy bills will rise in 2006 to pay for soaring wholesale gas prices, the Windor-based owner of British Gas warned today.

Households facing fuel poverty while big businesses struggle

15 December 2005

Gas shortages this winter could have huge impacts on vulnerable individuals and big businesses, a Commons report shows

Midlands water council launched

14 December 2005

A new consumer water body has been established in the West Midlands, the Birmingham Post has reported.

Energy costs help put squeeze on manufacturers

13 December 2005

British manufacturers are going through a torrid time at the moment, as costs surged last month but a highly competitive market kept output prices down.

Rebate set to combat price rise

09 December 2005

South West Water is to hand a £20 rebate to its customers next spring, going some way towards offsetting a hefty price rise.

Broadband plays key role for present hunters

09 December 2005

Broadband will play a focal role in our Christmas shopping habits this month, according to new figures.

Gas giant guilty of untruthful advertising

08 December 2005

British Gas has been rapped for running an advertising campaign which vowed to freeze prices, after recently contradicting it to announce a 14.2 per cent rise.

Domestic bills worth six months' work

05 December 2005

A typical household has to work for half a year in order to pay its essential bills – with gas and electricity bills playing a significant part in an outlay which amounts to 46 per cent of the average net monthly income.

Elderly face energy bill battle

02 December 2005

Almost nine million pensioners will face difficulties in paying their fuel bills this winter, according to a survey conducted for Age Concern.

Consumers braced for festive gas strikes

01 December 2005

Gas problems could wreak havoc over the festive period after it was announced 6,000 British Gas engineers will participate in five 24 hour strikes in the space of a month.

Scottish Water told to keep bills low

30 November 2005

Scottish Water has been told by the industry regulator that it must keep any price rises below inflation.

Domestic utility repairs cost millions

30 November 2005

People who need to call out tradespeople over holiday periods, often to rectify problems with their energy or water supplies, pay millions more than normal in extra fees, according to research.

Ofgem wary of Europeans' gas actions

28 November 2005

Ofgem is seeking an investigation to find out why other EU countries are not selling more gas to Britain, amid growing fears about dwindling supplies and hefty price increases.



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