Former E.ON chief to join SSE board

Tony Cocker served as the CEO of E.ON since September 2011 until last year

Energy Innovation Centre appoints former E.ON chief as chairman

He retired from the Big Six company last year after heading it since September 2011

E.ON’s UK sales and profits fall

Energy supplier E.ON UK revealed today both its sales and profits fell over the first half of 2014. While sales turnover was £4,368 million in the first six months of 2013, this year that slid by £488 million to £3,946 million. Profits also fell from £273 million last year to £188 million in the same […]

E.ON ordered to pay record £12m for mis-selling

E.ON is to pay £12 million in fines, the largest for an energy supplier, for breaking sales rules for more than three years. More than 333,000 customers who are recipients of the Warm Home Discount will receive a payment of around £35 as a result of “extensive poor sales practices” carried out between June 2010 […]

E.ON 3.7% price hike confirmed

E.ON will be upping its prices by 3.7% from January the energy giant announced today. That figure will be for its standard variable dual fuel customers, electricity only prices will also rise by 3.7% but gas only prices will be up 4.6%. All the rises will kick in from 18th January 2014. Once again E.ON […]

Centrica warns on profits while E.ON sees 17% rise

The owner of British Gas has warned its full year profits could be “significantly lower” than in 2012 while E.ON announced a 17% rise in profits over the last nine months. Centrica expects its profits to come in as much as 4% below forecast as its business supply arms struggle and gas-fired power plants face […]

Ovo Energy: Big Six are best filibusters in the business

The Big Six energy companies are the “best filibusters in the business”, the Managing Director of Ovo Energy said. Stephen Fitzpatrick (pictured, right) made the accusation when the big UK energy players and small suppliers – Ovo Energy and Co-operative Energy – appeared before a panel of MPs yesterday. They were grilled by the Energy […]

E.ON posts 15% surge in half-year profits

E.ON has reported a 15% rise in profits for the first half of this year following a surge in gas and electricity prices during the winter. The energy firm increased prices by 8.7% for its dual fuel customers earlier this year, adding £110 to the average bill which rose to £1,370 a year. E.ON’s earnings […]

Carbon floor price is “poll tax” on consumers – E.ON boss

The chief executive of E.ON was gunning for the carbon floor price today at a conference on the Future of Utilities. Speaking in London this morning Tony Cocker criticised the scheme for being unintelligible to bill payers and said his firm wished it could be scrapped. The carbon floor price was announced by the Chancellor […]

E.ON claims profits fall to prop up customer service

Energy supplier E.ON claims its profits last year fell because of efforts to boost customer satisfaction. Profits for supplying homes and corporate to small businesses fell from £285million in 2011 to £235m in 2012. Suppliers have taken a bashing in the public eye over the last year and E.ON appears to be courting its customers […]