E.ON’s winter price rise starts today

Energy supplier E.ON’s winter price rise kicks in from today, with the average dual fuel price increasing by 8.7%. This will add £110 to the average dual fuel bill, going up from £1,260 to £1,370 a year. The average electricity price goes up 7.7% while gas rises 9.4%. Around one in six of all E.ON […]

E.ON’s 8.7% price rise in the New Year

E.ON has announced it will be raising its gas and electricity prices by 8.7% in the New Year. The new move will add £110 to the average household’s dual fuel bill from January 18, going up from £1,260 to £1,370 a year. The average electricity price will rise by 7.7% and the average gas price […]

Suppliers give mixed response to Davey’s plans

There have been mixed reactions among UK power suppliers on the Government’s Energy Bill details announced today. Some energy firms have welcomed DECC’s investment plans to increase investor confidence in the industry whilst others are “disappointed” about the delayed decision for a carbon target. The reaction follows Energy Secretary Ed Davey’s announcement of a £7.6 […]

London offshore wind farm begins producing power

The first power from what will be the world’s largest offshore wind farm has been produced, it was announced yesterday. Located in the Thames Estuary around 20km off the coasts of Kent and Essex, the 630MW London Array farm has been under construction since March 2011. It is owned by Danish energy supplier DONG Energy, German […]

Hitachi buys Horizon for £700m

Hitachi has bought Horizon Nuclear Power from RWE and E.ON for £700m. The deal will be completed at the end of November and the Japanese giant plans to start its nuclear new build programme straight away. Two British companies will be involved in the project; Babcock International and Rolls-Royce have signed MOUs to join Hitachi […]

E.ON plays counter move to SSE price hike

E.ON attempted to capitalise on SSE’s price rise announced earlier this week by today reassuring its customers it will not raise its energy bills this year. The supplier claims it will stick to its price promise despite SSE raising its gas and electricity prices by 9% starting October this year, which has been labelled as […]

E.ON mothballs Kent power station

Germany energy supplier E.ON is mothballing its oil-fired power station in Kent and plans to close the site by the last day of December this year. E.ON UK today announced the 33 year old oil-fired Grain-A power station will close three years earlier than first planned because of EU environmental regulations. The Grain-A plant, which […]

E.ON announces new standards for energy sales

Energy provider E.ON has announced new industry standards for energy sales, which it claims will help consumers get the best service from their suppliers. The power company said its Third Party Intermediary (TPI) Code of Practice will protect small UK businesses by facilitating the contract between them and the suppliers and helping them get the […]

E.ON resets prices and practices

E.ON unveiled plans to “reset” its prices and practices today to put customers at the “very heart” of its business, a week after British Gas brought in a simpler tariff structure. Following E.ON’s pledge earlier this year not to increase its prices in 2012, the firm intends to bring in one sheet bills and simplify […]

E.ON sells off European gas transmission firm

German power firm E.ON is selling off its German gas transmission firm for €3.2 billion (£2.5bn), it announced yesterday. A consortium of investors is buying Open Grid Europe (OGE), which has been an independent operator since 2010. The deal will help bring E.ON closer to its goal of generating roughly €15 billion (£12bn) in sales […]