British Gas faces £1.1m compensation bill

British Gas had paid £1.1 million to compensate customers for missed appointments. The Big Six supplier has made the payments to domestic and micro business customers after its third-party agents missed appointments with customers or did not keep them on time and did not compensate them as required by regulator Ofgem. Around 12,000 customers, mostly […]

Green supplier Bulb announces second price cut

Green energy company has announced a price cut which is expected to save householders £20 a year on their bills. It is the second price reduction this year – taking the total savings to £50 annually. The energy supplier says it follows improvements in its technologies and processes as well as lower wholesale energy prices. […]

Could switching to a green tariff save you money?

Energy consumers could switch to a greener tariff and save money at the same time as bills increase. According to uSwitch, a total of 24 green plans are cheaper than the average Big Six standard variable tariff. Around two-thirds of householders are said to be on standard tariffs, which have seen price increases recently. It […]

SSE profits up 2.1% in last business year

SSE’s pre-tax profits hit £1,546 million in the 2016/2017 business year, an increase of 2.1%. The Big Six firm, which is the only UK business to be involved in electricity transmission, electricity distribution and gas distribution, today published preliminary financial results for the period ending the 31st of March 2017. The success is largely a […]

Energy bills to rise by £414 as fixed deals end

UK household’s energy bills could rise by as much as £414 next month as a range of fixed deals come to an end. That’s according to price comparison service uSwitch.com, which says seven suppliers have 16 fixed deals expiring on the 30th of April, after which their customers will be rolled onto expensive standard variable tariffs. Customers […]

Leaving Big Six could slash fuel bills by 25%

Some energy consumers could slash their fuel bills by a quarter if they switched supplier. That’s according to new research from Which?, which found those on Big Six standard variable tariffs (SVT) could get their bills back to the equivalent of 2008 prices by switching to one of the cheapest available dual fuel tariffs. With a raft of […]

‘We want collaboration, not competition’

Third party intermediaries (TPIs) and energy suppliers need to work more closely together. That was one of the main messages from the panel debate today at the Energy Live Consultancy Conference (ELCC) at the Etihad Stadium in Manchester. The debate spanned a range of important energy issues, including the impending deregulation of the water market, […]

Big Six energy supplier E.ON appoints new chief

E.ON UK has appointed Michael Lewis as its new head. He will take on his new role from April 10th, succeeding Tony Cocker, who has decided to retire from the Big Six company to pursue a portfolio career at the end of July. Mr Cocker has worked for the supplier for more than 20 years […]

February switching tops 415k, a fifth up on January

A total of 419,599 energy consumers switched suppliers in February, a fifth up on January. That’s according to the latest switching data published by Energy UK, which says this is the highest figure in this month for the past three years. It also shows an increase in the number of customers moving from large suppliers […]

Nearly half of all Brits have never switched suppliers

Around 45% of Brits have never switched energy providers. That’s according to a recent survey conducted by comparison site Gocompare, which identified the reasons stopping so many Brits from switching. A quarter of respondents said the process of changing suppliers or even tariffs was too complicated, while 32% said it just took too long. Consumers […]