First Utility launches cheapest energy tariff

Independent energy supplier First Utility has launched what it claims is the cheapest tariff on the market. The new iSave Fixed v44 March 2016 dual fuel tariff costs an average of £919 a year – fixed until after 2015/2016 – and is available to both new and existing customers. A termination fee of £30 per […]

Another small supplier opens sub-£1000 energy tariff

Small electricity supplier Extra Energy is the latest to offer a tariff under £1,000 for domestic customers. First Utility and Ovo Energy have brought out similar deals. At £990 a year, Extra Energy’s ‘ValuePlus Fixed Price Sept 2015 v1’  is £275 a year cheaper than the average standard plan on the market for customers paying […]

Cheaper energy tariff for residents near Cornish wind farm

Good Energy is to offer people living near the proposed Big Field wind farm in north Cornwall a cheaper tariff. It would be 20% lower than the company’s standard energy prices, “beating the price of all other suppliers” and making it the cheapest available deal in the UK, the energy firm claims. It submitted a […]

EDF Energy launches fixed tariff for 16 months

A new tariff that provides consumers fixed prices for 16 months has been launched by EDF Energy today. The Blue+Price Promise July 2015, which will replace the supplier’s existing shorter-term fixed tariff, will cost a typical duel fuel customer £1,070 a year. Customers who switch to the new tariff will have fixed prices until July […]

Chippy Ovo cuts prices after “falling wholesale costs”

Independent electricity supplier Ovo Energy announced it is cutting prices by 2.5% today because of “wholesale costs”. The cut is across all of its 12-month fixed energy plans and the supplier said this is its fourth reduction in prices since the autumn. The new tariff makes Ovo the cheapest in the country now. On social […]

Sainsbury’s Energy launches longest fixed term tariff

Sainsbury’s Energy has launched the longest fixed price tariff on the market, protecting customers from price hikes for four years. The new plan means customers can lock in prices until the 31st of March 2018 – three months more than what is currently offered by npower. However, customers will have to pay £50 per fuel […]

Energy price freeze for First Utility customers

First Utility has pledged not to increase gas and electricity prices for its customers this winter. The price freeze, including standing charges and unit rates, will guarantee a price lockdown for all its existing variable tariff customers until March next year – the cheapest at £1,150 per year. The energy supplier is urging the Big […]

New director especially for SMEs appointed at npower

Energy supplier npower has appointed a new director specifically focused on helping small and medium-sized enterprises (SMEs) deal with and cut their energy use. Jason Scagell comes to the newly created post with more than 20 years’ experience in the energy sector. He has worked in retail markets, trading and generating and most recently Mr Scagell […]

Ofgem’s reforms ‘fail’ to help consumers pick best energy deal

Ofgem’s reforms published today “will fail” to help consumers pick out the best energy deal in the market. That’s according to consumer group Which? in response to the energy regulator’s detailed new rules for a simpler and clearer market for consumers. It made the comment following its recent research which revealed only three in ten […]

Householders could pay extra £55m on energy bills

Ofgem’s plans to reform energy tariffs could lead to UK householders paying up to £55 million extra on their gas and electricity bills. The energy regulator has proposed the Tariff Comparison Rate (TCR), which aims to simplify energy tariffs and allow consumers to compare the prices across the market. Under the new proposals, consumers will […]