energy bills

The 5.5% increase in gas and electricity prices will come into effect on 1st June 2018

This could happen as they are automatically switched onto more expensive ‘default’ tariffs

People who choose to buy energy efficient new build homes will receive discounted interest rates on two and five-year fixed mortgages

The project is expected to help reduce energy bills for consumers and cut carbon emissions

The project is expected to deliver savings of between 10% to 25% per year on energy bills as well as reduce carbon emissions

The Big Energy Conversation features top tips, infographics and videos as well as advice from industry experts on implementing changes in behaviour and efficiencies at home

Chief Executive Alistair Phillips-Davies is also calling for greater clarity around the conditions under which a price cap would be removed

It will support the state’s target of generating half of its electricity from renewable sources by 2030

Firmus Energy said its decision to increase tariffs is “regrettable” and “unavoidable”

The price controls will come into force in 2021 and are also expected to significantly reduce the profits made by network companies