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Drax profits have fallen after the company suffered two unplanned outages at its power station in Yorkshire - one caused by a fire at the biomass rail unloading facility at the end of 2017.
6 years ago
The costs of the smart meter rollout programme will rise "even further", a parliamentary report has recommended.
The digital service helps customers to connect with trusted local tradespeople and has so far completed 50,000 jobs since its UK nationwide launch in June last year. It followed regional pilots from early 2016.
The threshold for the Energy Company Obligation (Eco) scheme, which currently stands at 250,000 accounts, will be lowered to 200,000 from April 2019 and 150,000 from April 2020.
Shareholders have voted in favour to merge SSE’s retail arm with Npower following a general meeting held today (19 July). The new company will be an independent energy supply and services business that will “create a new market model”.
More than a quarter of energy customers have not been offered a smart meter, despite government targets to offer the devices to all homes by 2020.
Claire Perry has warned that the government will take an “extremely dim” view of any legal attempt by the big six energy suppliers to thwart the introduction of the household price cap bill in the courts.
The company blamed the weather for a low output from renewable sources in a trading update, ahead of its annual general meeting (AGM) later today (19 July). Shareholders will be asked to back the proposed merger of the company’s retail arm with Npower at a general meeting after the AGM.
Research has found one fifth of British consumers have never switched energy suppliers, despite record
Ofgem has confirmed the provisional cap and floor costs in its final project assessment of the IFA2 project.
Pivot Power has revealed more details on its plans to build an electric vehicle (EV) charging “superhub” with a 50MW battery on the outskirts of Southampton.
Co-op Energy has “reluctantly” decided to increase its prices by 5.2 per cent for gas and electricity next month.
Toto Energy made a commitment to cut call waiting times for customers after it admitted its service had “fallen short” of expectations.
Marks and Spencer will partner with Octopus Energy under the M&S Energy brand once its current deal with SSE ends in September.
A quarter of utility companies in the UK have integrated Artificial Intelligence into their systems
A record 222,036 customers switched to small and mid-tier suppliers in June, the highest number ever recorded by Energy UK.
Data sharing rules could prevent utility companies from best supporting vulnerable customers, according to British
Marks and Spencer Energy and SSE have announced they will end their partnership of nine
Certainly, that must be what business secretary Greg Clark thought when he proposed Professor Martin
The supplier said the 1.4 per cent price increase, which it announced in April and came into effect in June, was not fully reflective of the pressures it faced at the time. Cost-cutting measures allowed it to offset some of the inflation in wholesale power prices, but the company said it can no longer continue to do this.