Energy retail

Editor's picks

Ovo Energy, Shell Energy Retail and Scottish Power are among 18 suppliers which failed to correctly protect customers’ tariff prices when they decided to switch, Ofgem has announced. After several suppliers self-reported the issue every provider on the market was requested to self-assess their practices, revealing that 18 suppliers were not compliant between 2013-2020.
News
The energy sector must learn lessons from the smart meter rollout when implementing technical standards for future smart home energy technologies, industry observers have warned. A recent roundtable hosted by DevicePilot, a service monitoring platform for connected devices, discussed the future of the home energy market, which innovations are set to have the biggest impact and what effect this will have on the UK’s net zero goals. Several attendees reflected on how the smart meter rollout has panned out and offered their thoughts on what can be learned as homes adopt smart technologies.
News
Centrica aims to be net zero five years ahead of the national target and says its restructure is “on track”, as its latest results showed a £360 million operating loss last year. Speaking to reporters this morning, chief executive Chris O'Shea said the company's "journey to transform has only just started".
News

Featured

A grant of £3 million is being awarded by the Cadent Foundation to fund ‘green doctors’, energy efficiency experts who will support fuel poor customers. The grant will support the expansion of community action charity Groundwork's green doctors programme, part of a new three-year strategic partnership with the foundation which is funded by the gas network operator. 
News
EDF’s UK business has seen its EBITDA impacted to the tune of £160 million due to the financial effects of Covid-19, the company’s latest full-year group results show. The company reports that the pandemic has affected “all parts of the business”, mainly its customer division’s performance, with lower electricity usage volumes among business customers and the increase of bad debt provision among the major factors.
News

Latest in Energy retail

Net zero is a once in a generation opportunity to transform the energy system. This high-level report, in association with Microsoft and Accenture, explores how digital technology and partnership working can help the sector accelerate and scale up to deliver the transition affordably.
Downloads
In our latest review of sector coverage across the national newspapers, Centrica’s chief executive Chris O’Shea gives a rare interview ahead of the group’s annual results this week. Meanwhile, there are further pleas for the government to save its beleaguered Green Homes Grants scheme and Drax’s wood pellet production facility in the US has been fined $2.5 million over air pollution breaches.
News
Amit Gudka has announced he is stepping down from his role at the company he co-founded to start an energy storage and infrastructure business. Gudka, who founded the disruptor brand with Hayden Wood in 2015, will remain on Bulb’s board and on the board of the Bulb Foundation.
News
Strikes as part of the ongoing dispute between the GMB Union and Centrica have resumed after talks with the Advisory, Conciliation and Arbitration Service (ACAS) failed to bear fruit. Day 19 of the strike has begun and will see engineers down tools for four days.
News
The principle of no customer being left behind in the shift to a smarter, more flexible energy system is hard to argue with. However, some experts believe that in the short-term a just transition is just impossible. As part of our Countdown to COP campaign, James Wallin examines different pathways to fairness – from ensuring the most vulnerable benefit first to the introduction of non-participant tariffs.
Analysis
EDF’s UK business has seen its EBITDA impacted to the tune of £160 million due to the financial effects of Covid-19, the company’s latest full-year group results show. The company reports that the pandemic has affected “all parts of the business”, mainly its customer division’s performance, with lower electricity usage volumes among business customers and the increase of bad debt provision among the major factors.
News
A report by a coalition of industry experts has recommended the creation of a new protocol for measuring energy savings in retrofitted homes in real-time. The Green Finance Institute’s Coalition for the Energy Efficiency of Buildings says a national, standardised way to measure the energy saved by retrofit works is “vital” to unlocking up to £65 billion of investment needed to decarbonise the existing building stock.
News
Electricity switching got off to a “slow start” in 2021 as January saw the fewest amount of switches for that month in three years, Electralink has revealed. The latest figures from the company’s Energy Market Data Hub (EMDH) recorded a total of 377,000 customers who changed their supplier in January, 23 per cent less than the previous month and 16 per cent less than January 2020.
News
British Gas has confirmed it is raising prices on its standard variable tariff (SVT) by almost £100 to bring it in line with the price cap, the first supplier to do so. The news comes following Ofgem's plans to raise the cap following a rise in wholesale prices, with other major suppliers likely to follow suit.
News
Close
Close

Request a call back

[contact-form-7 404 "Not Found"]