Big Six energy firms SSE and ScottishPower shed customers

Two of the Big Six energy suppliers have lost thousands of customers as they moved to cheaper deals. SSE said its total number of customer accounts fell from eight million at the end of March to 7.7 million at the end of June. It comes after the supplier increased dual fuel prices by 6.9% towards […]

British Gas owner Centrica to slash 1,500 jobs

The owner of British Gas plans to cut around 1,500 jobs this year. In a trading update, Centrica said it is targeting cost savings of around £250 million, in addition to last year’s savings of £384 million. It is part of Centrica’s plans to reduce annual costs by £750 million. The energy giant’s energy supply […]

British Gas owner Centrica’s profits hit £1.5bn

Centrica, the owner of British Gas, has announced its operating profit went up 4% last year to £1.5 billion. Its UK and Ireland Energy Supply & Services division also reported a 2% increase to £906 million. However operating profits at its British Gas domestic supply business fell 11% to £553 million – from £623 million […]

Energy supplier SSE loses 50,000 customers

Energy supplier SSE is aiming for a return to growth this financial year despite losing thousands of customers. The number of electricity and gas customer accounts in the UK and Ireland fell from 8.21 million on 31st March this year to 8.16 million at the end of June. However, the number of home services customer […]

One million energy customer accounts for First Utility

Energy company First Utility now has one million customer accounts, claiming to be the first independent supplier to reach the milestone. The power provider has seen a 10-fold increase in customer numbers in less than three years and accounts for more than 2% of the residential energy market as Big Six shares have reportedly reduced […]