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Energy news
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 …
Consumers call for change to winter fuel payments
The Government is being urged to look again at the winter fuel allowance after new research revealed that over eight in ten consumers (82%) would like to see payments go …
Co-op Energy now more expensive than the big six
Pioneering new supplier, Co-op Energy, is putting its prices up today for new customers. The price hike, 8.7% or £101 for gas and electricity, will take its average dual fuel …
Consumers hung out to dry as Ofwat announces water price hikes
Water bills set to rise by 3.5% or £13 a year on average from 1st April, 2013[1] Average annual bill for water and sewerage will increase to £388 in 2013 …