New tool illuminates real time energy costs

A new tool allows users to calculate how much money they are spending on energy each second. The Real-Time Energy Calculator calculates this by asking customers to input information about what electrical appliances they have turned on, ranging from light bulbs and televisions to washing machines and microwaves. Researchers at Go Compare found the average wattage […]

CMA: Businesses paying £280m more per year for energy

Small and medium sized businesses have been paying hundreds of millions of pounds more for their gas and electricity every year. The Competition and Markets Authority (CMA) found “excess profits” made by the Big Six companies from supplying energy to SME customers amounted to around £280 million per year from 2007 to 2014. Out of […]

Scotland saw ‘no real change in fuel poverty in 2014’

A total of 845,000 homes were fuel poor – or 34.9% – last year in Scotland. Around 9.5% were living in “extreme” fuel poverty, new figures from the Scottish Government revealed. It released statistics on fuel poverty from January to December 2014. The figures remained similar to 2013 when 860,000 households lived in fuel poverty – 35.8%. Average […]

Don’t miss green heat cashback, warn accountants

Householders who want to claim back money from a government green heat scheme need to get a move on. Accountants warn the deadline to claim for putting in any measures such as heat pumps or biomass boilers between 15 July 2009 and 8 April 2014 will come quicker than you think. Any retrospective applications to […]

Davey: Green Deal inspiring energy saving home improvements

Nearly half of UK households (47%) who received a Green Deal advice report following an assessment said they either had or were installing energy saving measures. The Department of Energy and Climate Change (DECC) claims the flagship scheme is “inspiring people across the UK” to install energy saving homes improvements, with 31% of householders saying […]

Gas theft ‘costs householders £138 million a year’

Gas theft could cost the UK around £138 million a year or £6 per household, according to Ofgem. The energy regulator has announced new measures to tackle gas theft. It has proposed a new licence condition, which will require suppliers to detect and prevent thefts. Ofgem will also set minimum standards for theft investigations, which […]