cost of living
A new survey of 2,000 homeowners indicates that nearly half of Brits consider rising energy bills their primary concern, prompting 39% to prioritise energy improvements to their properties
Chris O’Shea, the CEO of Centrica, the parent company of British Gas, has experienced an increase in his annual remuneration, reaching £8.2 million in 2023 compared to £4.5 million in 2022
Reports of energy theft have risen by 62%, reaching 11,552 reports in 2023, as revealed by Crimestoppers’ figures
A survey by Ofgem reveals that nearly 58% expressed concern regarding the impact of energy prices on their business, with 42% indicating they were very concerned
Today, regulators, including Ofgem issued a joint statement warning firms of potential “robust action” if they fail to meet expectations in minimising harm caused by debt collection practices
EDF has launched a fixed-rate tariff at £1,581 per year, £350 below the current cap
Uswitch introduces its most economical fixed energy tariff since October 2021, with a 12-month fixed deal from EDF priced at £1,581 per year for the average household, marking an 18% reduction from the current price cap
Experts warn that consumers could see a nearly £200 increase in their energy bills over a decade as the government plans to bolster energy security with gas-fired power stations costing £5 billion
British Gas has secured a new seven-year contract with the Welsh Government’s Warm Homes scheme, aiming to improve energy efficiency and provide support for low income households
Energy UK has stressed the urgency of addressing affordability concerns amidst a record £3.1 billion customer debt, highlighting the need for enduring targeted support and collaborative efforts