Ofgem commits to energy price cap by end of 2018

Legislation will have to be passed by Parliament this summer for the regulator to ensure the price cap is set this year

How to minimise non-commodity charges on your energy bill

We will be running a special webinar on 31st March at 10 a.m. Non-commodity charges are going up and are becoming a bigger part of your energy bills. The expert team from British Gas will join Chief Reporter, Pri Shrestha to discuss what’s changing and how you can start to alleviate these charges. Topics to […]

It’s a gas when your energy bill goes down

It’s difficult to get a grip on your gas bill when your business is squeezed between the twin pressures of high consumption and price volatility. So if your company is a big gas consumer, how can you make savings on this year’s bill? First, you need to understand the gas market and the way gas […]

UK pledges greater security for oil and gas sector

The government has pledged greater security for the North Sea oil and gas industry as the Energy Bill becomes law. It has received Royal Assent after a month-long game of ping pong between the House of Lords and House of Commons, with DECC winning the battle without having to make any amendments to its proposed […]

DECC wins Energy Bill battle

The long-awaited Energy Bill was approved by Parliament yesterday without any amendments to the government’s onshore wind plans. That means the DECC’s grace period criteria for wind farms due to the early closure of the Renewables Obligation won’t be affected. Opposition peers wanted to extend the grace period until 31st March 2017 for wind farms […]

E.ON first Big Six supplier to cut gas prices

E.ON has announced it will reduce its standard household gas prices by 5.1%. It is the first Big Six energy supplier to cut prices this year. The reduction, which will come into effect on 1st February, will take £32 off an annual gas bill – equivalent to three weeks’ of usage, it claims. That takes […]

Energy Bill reaffirms support for North Sea oil, gas

The UK Government has pledged to continue supporting the development of the oil and gas industry in the North Sea. It has set out the details in the Energy Bill published today. DECC aims to formally establish the Oil and Gas Authority (OGA) as an independent regulator, which will take the form of a government […]

First Utility cuts energy tariff by 3.6%

First Utility has announced a 3.6% price cut for its customers on the standard variable tariff. That means those on the iSave Everyday tariff will see their annual energy bill reduce from £1,159 to £1,134.85. The independent energy supplier claims its standard variable tariff is now lower than all of the Big Six companies. First […]

E.ON cuts UK gas prices by 3.5%

E.ON has become the first major energy supplier to react to falling wholesale prices by cutting gas tariffs by 3.5%. The price reduction, which is equivalent to taking £24 off an average household gas bill or two weeks’ gas use, will take place with immediate effect. Around two million out of E.ON’s 4.5 million domestic […]

Smart meters will cut energy bills by only 2%, MPs warn

Energy customers will have to fork out £215 for the installation of smart meters that will only save them around 2% on their annual bill, MPs have warned. In a damning report published today, the Public Accounts Committee (PAC) estimates the Government’s smart meter rollout – due to begin next year – will cost consumers […]