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More than a fifth of over 65-year-olds “rationed” their energy usage this winter due to financial pressure, research from Comparethemarket.com suggests.
5 years ago
Fresh retail energy market legislation may be on the cards before the next election as the result of a government review, details of which emerged yesterday (5 March).
Igloo Energy has followed fellow challenger supplier Bulb in bucking the recent price hike trend as it plans to cut prices by an average of 2.6 per cent.
The Energy Networks Association has raised concerns over the future of innovation funding, while announcing its members have chosen to move forward with seven proposals submitted in response to a call for ideas for Ofgem’s annual Network Innovation Competition.
Price comparison website GoCompare has today (28 February) announced a rise in annual revenue, despite a decrease in price comparison revenue.
The Advertising Standards Authority (ASA) has ordered a renewable energy consultancy to remove a “misleading and unsubstantiated” claim about government policy on oil from its website.
SSE overstated generation payments in its feed-in tariff (FIT) annual submissions to Ofgem due to an “administrative error” and will now pay out more than £705,000.
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.
Ofgem has warned that if the company fails to improve its "poor customer service" it could result in the revocation of its supplier licence.
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.
The National Infrastructure Commission (NIC) is seeking views on how the current utilities regulation system is working and whether it has “systematically failed or succeeded” in several key areas.
Orbit Energy has introduced a tracker tariff for its customers which, the company says, will always remain 10 per cent below the price cap.
Ofgem has announced it is proposing to issue URE Energy with a final order following the company’s non-payment of its Renewables Obligation (RO) payment.
The supplier will increase the tariff by £117 to £1,254 for the average dual fuel customer, following Eon and EDF which raised their prices on Monday and Tuesday respectively.
Eon has become the first supplier to announce price increases in line with the new level of the price cap.
Industry voices have given a mixed reaction to the news Ofgem is to raise the default tariff cap on standard variable tariffs (SVT) by £117.
Around 300 customers 'slipped through Ofgem's safety net' according to industry sources.
Fresh mechanisms will be required to ensure that new decentralised generation is visible on the grid once the feed-in tariff (FIT) regime ends this March, an event heard last week.