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uSwitch comments on Ofgem State of the Energy Market Report 2018: Price cap threatens to undermine record switching levels and won’t help vulnerable households

Commenting on Ofgem’s annual state of the market report, which has revealed that while competition is now benefiting an unprecedented number of energy consumers, many others, especially the vulnerable, are …

uSwitch comments on SSE/Npower merger gaining approval from CMA

Commenting on the news that the CMA has cleared the merger of SSE and Npower’s retail energy businesses, uSwitch.com energy expert Rik Smith said: “This merger will create one of the largest energy suppliers in Britain. …

Octopus Energy raises price of standard tariff for third time in 2018

Octopus Energy has introduced a new Standard Variable Tariff which is £105 more expensive than the previous one This is the challenger supplier’s third price rise this year, meaning its …

Record numbers of households switch electricity supplier throughout the scorching summer

Commenting on the latest figures from Energy-UK which show record numbers of people are switching electricity supplier in 2018, uSwitch.com energy expert Rik Smith says: “Rising wholesale costs have led to more than …

Over one price rise a week in 2018 – but some UK regions hit twice as hard as others

Households have suffered 43 energy price rises from 30 suppliers so far in 2018 – a rate of over one per week[1] – totalling £840 million a year[2] Regional price …

Third time unlucky as Bulb announces 11.1% increase

Bulb Energy is adding £102 to customer bills with a 11.1% price rise[1] More than 600,000 households on its standard energy tariff will pay an average of £102 more for …

Ofgem price cap proposals could push prices up, says uSwitch

Commenting on Ofgem’s proposals to cap Standard Variable Tariffs for domestic energy customers, Richard Neudegg, Head of Regulation at uSwitch.com, says: “Ofgem is playing a dangerous game by saying that …

SSE/Npower merger given provisional clearance by competition watchdog

The Competition and Markets Authority has given provisional clearance to the proposed merger between SSE and Npower – two of Britain’s biggest energy suppliers – after finding that it did …

British Gas pays out £2.65 million over invalid exit fees and overcharging

British Gas has paid out £2.65 million over invalid exit fees and overcharging customers. Richard Neudegg, Head of Regulation at uSwitch.com, says: “British Gas has been rightly reprimanded for undermining consumers’ …

Tenth big six price rise this year as ScottishPower announces £41 million bill increase

ScottishPower is hiking its gas and electricity prices by 3.7% for 900,000 customers on its standard variable tariff from 8 October 2018[1] Customers will see their bills rise by £46 …