ScottishPower price hike kicks in today

ScottishPower’s 7% price rise for gas and electricity kicks in today – making it the most expensive supplier for standard tariff customers. The new move will see the average household bill for a dual fuel customer go up from £1,349 to £1,368, which is expected to affect around 2.3 million households. A ScottishPower spokesperson said: […]

Heating costs 63% higher now than five years ago

The cost of heating a home in the UK is now 63% more than it was five years ago as a result of rising energy prices. According to new research, rocketing energy prices have forced heating costs to increase from £360 to £587 since 2008 as heating accounts for almost half (44%) of an average […]

Ofgem and E.ON’s agreement ‘sensible’

Consumer groups have welcomed the agreement between Ofgem and E.ON after the energy supplier failed to abide by the regulator’s rules. E.ON will be paying shares of £1.4 million to around 94,000 of its customers for overcharging them following price hikes in 2008 and 2011. Consumer Focus and said this was a “sensible” and […]

Energy Bill’s impact ‘catastrophic’ for UK businesses

The impact of the today’s Energy Bill announcement could be “catastrophic” for businesses in the UK. Energy Forecaster, an online site that provides insight into the future of business energy, said if the increased energy costs for domestic consumers announced by DECC is applied to firms, it will seriously affect businesses. The initial details of […]

British Gas price rise kicks in today

The 6% price hike announced by British Gas last month will come into effect today. The rise, which is expected to affect around 12 million households, means the average bill for its domestic customers will go up from £1,260 to as much as £1,346 a year. The news comes despite the supplier’s owner Centrica made […]

Energy price hikes force thousands more into fuel poverty

A 7% average rise in energy bills this winter could force 314,000 more households into fuel poverty. That’s the view of uSwitch, whose comment follows the recent increase in gas and electricity prices from five of the ‘Big Six’. EDF Energy was the last supplier to confirm a 10.8% rise last week, the highest so […]

Scottish Power next to raise energy prices

Scottish Power is the latest energy supplier to increase its domestic gas and electricity prices by 7%. The new price, which will come into effect on 3rd December, follows British Gas and npower’s announcement of a hike in energy prices last week. SSE’s new price announced earlier this year has also kicked in today. Scottish […]

SSE price hike kicks in today

Power supplier SSE’s 9% price rise for gas and electricity comes into effect today. Affecting around 8.4 million customers, the average household energy bill will rise from £1,235 to £1,354. Last week two ‘Big Six’ suppliers, British Gas and npower, also announced price rises for gas and electricity bills. According to a price comparison site, […]

British Gas’ price hike a ‘bitter blow’ for consumers

British Gas’ decision to raise its gas and electricity prices is a “bitter blow” for UK consumers. That’s the view of a price comparison site responding to the 6% rise in energy prices announced by British Gas this morning. The changes mean the average bill for domestic British Gas consumers will rise from £1,260 to […]

Renters afraid to switch supplier

Renters are being left behind in the race to cut household energy bills according to new figures which show only a third (38%) have switched supplier. In this tough economic climate with steep house prices, more than a third of all households are now renting but less than a third of private renters (31%) know […]