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As two more energy providers cease trading within days of each other, this has hardly been the market’s finest hour.
6 years ago
Ofgem says the increased tariff is due to higher wholesale gas and electricity costs since the level was last updated in February to protect one million more customers who receive the Warm Home Discount.
The £2 million increases the authority’s total investment in the energy company, which it set up in 2016 to offer cheaper energy for local residents and reinvest any profits in the local community, to £26.2 million.
The average household has seen its energy bills increase by nearly 20 per cent over the last decade even though it is using a fifth less gas and electricity, according to new research by the Liberal Democrats.
The chief executive and chief ombudsman designate at Ombudsman Services said a failure to adequately
Small-scale energy provider Gen4U (gas & electric nationally) appears to be in financial difficulty, according
More than 5,500 churches, including 15 cathedrals, have switched to 100 per cent renewable energy
Ofgem says there is a “strong case” to explore fundamental reforms to the regulatory arrangements
An Essex-based utility infrastructure contractor has gone into administration and may completely cease trading. AWH Utility
Ofgem sought a financial penalty of £3.7 million from Npower for the breach but the supplier contested Ofgem’s case and the decision was referred to the Enforcement Decision Panel (EDP).
The average dual fuel bill actually fell by £6 last year due to improved energy efficiency amidst the furore over price caps, according to a new report.
Energy providers face a diverse spectrum of challenges and industry disruption that offers opportunities to
Citing an “increasingly competitive environment” the company said it was looking to reduce numbers across non-customer facing departments as part of ongoing efforts to transform how it operates, to improve efficiency and continue to innovate in its service for customers.
Octopus Energy has been chosen as the supplier of last resort to rescue the customers of failed energy retailer Iresa, which ceased trading on Friday (27 July).
Centrica has announced its chief financial officer (CFO) of four years, Jeff Bell, will stand
Centrica said “rising wholesale energy costs” and “extreme cold weather” put pressure on UK energy supply margins and additional costs in UK services.
The government says it plans to put energy customers “in control of their data” by
During 2017/18, the enforcement decision panel issued a settlement mandate to E (Gas and Electricity) for its failure to comply with standard licence conditions.
Ofgem is in the process of choosing a supplier of last resort. Iresa which has less than 100,000 customers, had been banned from taking on new customers since March this year.
Figures released by Scottish Power show all its business areas are “performing in line with expectations” in the first half of 2018, according to its chief executive.