Gas and electricity news, Oct - Dec 2006

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13m Britons switch to save

29 October 2006

Over 13 million households in the UK have opted to switch their energy supplier in order to save money on their utility bills each month, new research has found.

Pre-pay customers urged to switch

28 October 2006

People who pay for their electricity and gas using prepayment meters could save themselves £100 per year just by switching their supplier, Ofgem has revealed.

E.ON goes smart with metering

27 October 2006

E.ON has announced plans to fit 11,000 Smart Meters into UK households over the next year.

uSwitch urges government to raise winter fuel allowance

27 October 2006

uSwitch, the independent price comparison and switching website, has called on the government to look at lifting the three-year freeze on the winter fuel allowance in the next budget.

Ukraine and Russia nearing gas deal

26 October 2006

Ukraine has agreed to a 36% price rise for Russia's natural gas, taking it from $95 per 1,000 cubic metres to $135. This move will prevent a repeat of last year's gas cut off by Russia, which began because of a bitter price dispute, reports the International Herald Tribune.

More people switching than ever before

25 October 2006

Industry regulator Ofgem has revealed that roughly half of the UK's 20 million gas customers have now switched from their original supplier since they were first allowed to do so in 1998.

Northern Ireland electric company in rumoured takeover

24 October 2006

Viridian, the holding company for Northern Ireland's electricity, is in talks over a £1.62billion bid by Bahraini private equity firm Arcapita Bank.

Britain tops league of energy wasters

23 October 2006

A recent survey has ranked Britain below Italy, Germany, Spain, France and Germany in energy efficiency.

EU leaders mull over energy plans

20 October 2006

The European Commission (EC) has said the European Union could save around €100 billion per year if states were to cut energy waste by one fifth by 2020.

NIE programme reports energy reductions

19 October 2006

The NIE Energy Efficiency Programme (EEP) has reported sizeable reductions in energy bills as a result of its programme.

Super watchdog replaces energywatch

18 October 2006

energywatch is to be incorporated into a new "super watchdog" which will act as a "powerful and effective advocate" for consumers.

Consumers yet to see wholesale savings

17 October 2006

Consumers will fee the pinch from rising energy costs over the winter but the New Year should herald a reprieve, uSwitch predicts.

Utility bills check inflation falls

17 October 2006

Inflation has fallen slightly but analysts predict it will be a short lived reprieve.

Gas market will tighten this winter

12 October 2006

Malcolm Wicks, the government's energy minister, has said that supply and demand in the UK gas market this winter could be quite tight.

Hydrogen fuel cell report launched

11 October 2006

The Scottish Executive has announced a report on the development of hydrogen fuel cells this week.

Cleaner energy sources should be pursued

10 October 2006

Alistair Darling, the trade and industry secretary, has highlighted the need for the government to pursue cleaner and greener sources of energy.

Ofgem proposals welcomed by Micropower

09 October 2006

The Micropower Council has welcomed the decision by the Office of Gas and Electricity Markets (Ofgem) to remove regulatory barriers to mass market micropower.

E.ON announces reorganisation of energy services

06 October 2006

E.ON UK's energy services division has reorganised its energy services and announced a new public lighting one-stop shop approach.

uSwitch calls for consumer gas bill reductions

05 October 2006

uSwitch has called for double digit reductions in consumer gas bills in the New Year.

Fall in wholesale gas prices

04 October 2006

Despite a fall in wholesale gas prices, customers are unlikely to see their domestic gas bills fall, according to one industry figure.



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