Did Big Six energy firms grab £7bn in profits over the last five years?

SSE, ScottishPower, E.ON, EDF and Centrica have allegedly banked billions in operating profits

Energy switches hit new record low

The former Big Six became ‘bigger’ during 2021, according to a new report

Energy switching ‘crashes to historic low’

Switches were down by 75% last month, according to a report

Bulb’s collapse ‘could add £150 extra to each household’s bills’

Public service trade union UNISON predicts that failures will bring more ‘financial pain’ to customers

Energy Minister dismisses VAT cut on energy bills as ‘untargeted’ measure

Greg Hands said there are schemes already in place to protect vulnerable and elderly people

Energy switches in February up 12.4% year-on-year

That’s according to a new report from the Energy Market Data Hub, which recorded around 513,000 changes in energy suppliers during February 2020

Smart meter
Is your smart meter actually ‘smart’?

New research reveals some energy companies are still rolling out outdated smart meters that fail to work when consumers move to a different supplier

SSE to sell retail arm to OVO Energy in £500m deal

The deal, once approved, will make OVO the second largest energy supplier in the UK

SSE to cut energy prices in line with Ofgem’s cap

However, some very low energy usage customers may see an increase on their bills

SSE in talks over sale of UK retail energy business to OVO

If the deal is reached, OVO will become one of the largest energy companies in the country