Small supplier raises energy prices by 2.8%

Small supplier Bulb has announced plans to increase energy prices following spikes in wholesale prices. The average customer will see a 2.8% increase on their gas and electricity bill, rising from £855 to £879 a year. It will apply to all of Bulb’s 300,000 customers on the single Vari-Fair tariff and will come into effect […]

Price cap loophole ‘could see £700m in overpayments’

More than seven million households across the UK could be excluded from the government’s proposed energy price cap as a result of a legislative loophole. That’s according to green energy supplier Bulb, which says green tariffs are currently exempt from being limited. It says this will allow suppliers to charge more if they can prove […]

Mixed reactions to May’s energy price cap pledge

There have been mixed reactions to Prime Minister Theresa May’s pledge to introduce a draft bill next week to put a cap on energy bills. Trade body Energy UK believes it is important growth of competition and market engagement is not halted. Chief Executive Lawrence Slade said: “One of the major contributors to high energy […]

Big Six ‘overcharge loyal customers £7.3bn’

The Big Six energy suppliers have overcharged their most loyal customers by as much as £7.3 billion. That’s according to renewable energy company Bulb, which suggests each family that stuck with the same provider for the last five years overpaid by an average of £853 each. The firms, which include British Gas, SSE, Eon, npower, […]

Small energy supplier questions British Gas price rise

A small energy supplier has questioned the price rise announced by British Gas as it claims energy costs have fallen. Centrica, the owner of the Big Six company, said it will be increasing electricity prices by 12.5%, taking the total annual dual fuel bill to £1,120. The price rise will come into effect on 15th […]

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. […]

Queen’s Speech: Reactions from industry

Some in the industry have expressed disappointment about the government’s lack of commitment to the energy price cap as it was not mentioned in the Queen’s Speech today. Green energy supplier Bulb believes the price cap is necessary for householders to benefit from cheaper bills. Co-founder Hayden Wood said: “A cap would be a big […]

Small green supplier Bulb cuts energy prices

Small green energy supplier Bulb has bucked the price rise trend and announced a price cut. It has reduced its energy tariff by 2.5%, taking the total average dual fuel bill to £889 a year. The announcement comes as five of the Big Six suppliers – E.ON, EDF Energy, npower, ScottishPower and SSE – have […]

Bulb becomes first UK energy supplier to gain sustainability certification

Bulb has become the first UK energy company to receive a standard and be part of a global movement of people using business to solve social and environmental problems. The green power supplier joins 93 UK firms and 1,600 businesses across 42 nations that have received the Certified B Corporation status. They are legally required […]

Green energy a luxury? One in four Brits think so

One in four people in the UK still see renewable energy as a luxury. That’s according to a new survey of more than 2,000 people, which found around 23% feel green energy “isn’t something we should be all supporting more” while a small minority (5%) believe renewable energy is “pointless”. However a majority of people […]