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Shell’s former vice president for downstream strategy and portfolio, Colin Cooks, has been appointed chief executive of First Utility.
6 years ago
Its financial results for 2017 saw profits dive, prompting Centrica to announce further job losses and cost cutting. Its share price has rallied, but has it done enough? Tom Grimwood reports.
The Energy Networks Association (ENA) has called on the public to ‘Be Winter Ready’ and report power cuts by calling the distribution network operator on 105, instead of alerting the supplier.
Renewable energy supplier Good Energy, which has had an advert banned for claiming its electricity contains no carbon dioxide, has said it can sometimes be “difficult to manage simplicity against detail”.
Keith Anderson has been appointed CEO of Scottish Power, an internal promotion from his combined
More than 30 per cent of consumers who switched energy supplier in 2017 did so away from the big six, in favour of small or medium suppliers, new Ofgem figures have revealed.
The Competition and Markets Authority (CMA) will assess whether the merger between SSE and Npower could significantly reduce competition in the supply of energy to domestic customers in the UK.
Drax Group has seen a rise in earnings despite the loss of £5 million due a fire at its Yorkshire power station which led to the temporary shut-down of two biomass units.
Not-for-profit Energy provider, Our Power has launched a new “ethical tariff” in the fight against fuel poverty.
Suppliers may face a higher borrowing costs and lower profits as a result of the
Bulb Energy has announced it will raise prices following “sustained higher prices in the wholesale gas and electricity markets,” it said in a statement.
Customers could be left short changed if the energy price cap is only reviewed once every six months, an MP has warned.
Chris Thewlis, director of customer service and sales (domestic), Npower: “According to Ofgem, 52 per
The level of the energy price cap will be reviewed every six months and extra safeguards will be included for customers on green default tariffs, the government has announced as it tables legislation to intervene in the supply market.
Eon has launched a “no frills” fixed one-year “smart saver” tariff, which will be available to customers by telephone and priced at £1,038 based on the national average dual fuel consumption.
Nearly a quarter (23 per cent) of UK households have never switched energy provider, according to the latest research from MoneySuperMarket.
Octopus Energy has launched a new time of use tariff for smart meter customers which could see them paid to use electricity when demand is low or there is a glut of renewable power.
Industry body Energy UK says government plans to improve energy efficiency in the private rented
Ofgem has docked £4.7 million from the Data and Communications Company’s (DCC) allowed revenues for its failure to meet its two go-live deadlines for the smart meter network.
The timing is “tight” to have a household energy price cap in place by the winter, the Business, Energy and Industrial Strategy (BEIS) department’s top civil servant has admitted.