IKEA UK offers 100% renewable energy tariff

  IKEA is offering an exclusive 100% renewable electricity tariff to customers in the UK. It has joined forces with the Big Clean Switch, which uses the collective switch model to secure the best energy deal for those who sign up. The companies claim the tariff will save a typical householder more than £300 a […]

Record 5.5m energy switches in 2017

A record 5.5 million customers switched electricity supplier in 2017. That’s according to the latest figures from Energy UK, which show this is a 15% increase on the 4,822,885 switches that took place the year before. More than 400,000 customers changed supplier in December alone and through the year, competition has intensified, with 28% of […]

Ofgem launches fresh investigation into SSE

Ofgem has launched an investigation into whether SSE’s messaging to its customers accurately reflects which are the supplier’s cheapest deals. The regulator will examine whether the Big Six supplier failed to provide accurate information about the cheapest tariffs that prepayment customers could switch to and make savings. Energy companies are obliged to tell their customers […]

The energy price cap: consumer saviour or market destroyer?

The price cap on energy bills will hinder competition and innovation in the market. That was the stark warning from Sarwjit Sambhi, the Managing Director of UK Home at Centrica, who alongside a number of other energy suppliers and experts, was questioned by a BEIS Committee this morning in Westminster. Rachel Reeves MP, Chair of […]

Four in 10 Brits in the dark on energy bills

  More than four in 10 Brits say they don’t know about or understand their energy tariff. That’s according to price comparison firm finder, which surveyed 2,000 adults about their bills. The results showed one in five Brits have stayed with the same energy supplier for more than a decade, even though the average savings […]

Energy supplier switches up 12% in June

Energy supplier switches were up 12% in June compared to the same month the year before. That’s according to the latest data from Energy UK, which shows more than 400,000 customers chose to change provider, bringing the total number of switches so far this year up to more than 2.5 million. The trade association said nearly a quarter of the customers that switched moved […]

Business bosses propose energy price cap alternative

A group of business leaders have proposed an alternative to the Conservative’s planned retail market energy price cap. The Institute of Directors (IoD) has suggested the next government should make energy companies create a new, fully transparent default tariff, rather than fixing energy bills at a certain point. It said the deal would have to clearly show […]

Wanted: verbal advice on energy switching

Nearly a third of energy consumers want verbal support on how to change energy suppliers. That’s according to new research from energy comparison website www.moneyexpert.com, which suggests 29% of households would welcome phone or face-to-face support in finding the most competitive gas and electricity deals as price hikes of up to 18% come into effect. […]

Octopus Energy’s new tariff allows customers to see profits

Octopus Energy has launched a new tariff that shows consumers how much profit it is making. The energy supplier said its customers will be able to use an app to see the wholesale price they are paying for energy every day, along with the additional costs of supplying that energy as well as the mark-up […]

Leaving Big Six could slash fuel bills by 25%

Some energy consumers could slash their fuel bills by a quarter if they switched supplier. That’s according to new research from Which?, which found those on Big Six standard variable tariffs (SVT) could get their bills back to the equivalent of 2008 prices by switching to one of the cheapest available dual fuel tariffs. With a raft of […]