‘Significant fall’ in price gap between energy payment types

The difference in prices between payment methods for energy has “fallen significantly” since new rules were introduced in 2009, according to Ofgem. The rules allow suppliers to charge different prices for different methods but only if the amount reflects the costs of providing those accounts. They were designed to protect consumers and take into account […]

Russia to switch Ukraine to gas prepayment from June

Russia is said to have ordered Ukraine to pay for gas in advance for all future deliveries starting from June. It made the demand after Ukraine failed to pay the bill for previous natural gas imports, the deadline for which is believed to have expired on Wednesday. Last month Russian energy giant Gazprom bumped up […]