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Drax has reported an increase in profit in 2018 due to improved earnings from its US pellet production business and higher biomass output from its power station in Yorkshire.
5 years ago
The UK government wants energy suppliers to install smart meters in every home in England,
Octopus Energy is working with US-based company FLIR Systems to provide its customers with thermal imaging technology to detect sources of heat loss.
Two big six energy companies have responded to claims large energy suppliers are “running a cartel” by raising their standard variable tariffs (SVT) in line with the summer price cap.
Warwick-based supplier Co-op Energy has signed a five-year contract with home assistance company Home Serve to offer insurance policies to its 370,000 UK customers.
Challenger brands Co-op Energy and Ebico have announced they will raise their standard variable tariffs (SVTs) following the announcement by Ofgem to revise the price cap.
Ofgem has announced the mutualisation ceilings for the 2019-20 obligation period are £293,831,481.82 in England and Wales, an increase of £9.3 million on the year previously.
Ofgem has warned that if the company fails to improve its "poor customer service" it could result in the revocation of its supplier licence.
Ofgem has rejected a proposal to introduce an interim charge on suppliers to cover the costs of the capacity market during its ongoing suspension.
SSE has become the sixth and final large supplier to announce it is raising its standard variable tariff (SVT) to Ofgem’s revised price cap level.
Centrica has announced it has delivered “mixed” financial results for 2018 today (21 February).
Challenger brand Igloo Energy has announced it has secured over £600,000 in its latest round of funding on crowdfunding platform Seedrs.
Big six energy provider Scottish Power has announced today (20 February) its business results for 2018 were up 187 per cent.
The electricity system operator (ESO) at National Grid has sought to remove its obligation to provide suppliers with up to £6 million of unsecured credit to cover their liabilities for transmission and balancing charges.
Scottish Power has become the fifth big six supplier to announce it is raising its standard variable tariff (SVT) in line with the revised Ofgem price cap.
British Gas has become the fourth and largest big six supplier so far to raise its standard variable tariff (SVT) to the revised Ofgem level.