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British Gas

Other News

Consumers urged to switch to cheaper energy suppliers

Campaigners are calling on householders to help elderly friends and relatives find cheaper energy deals after finding that almost nine in 10 bill payers did not switch in the last year. The new figure from Ofgem, based on data from household meters, found that 88% of energy customers have not switched in the last year despite widespread advice that doing so can save hundreds of pounds. A separate poll for Big Energy Saving Week, a joint campaign with Energy Saving Trust, Department of Energy and Climate Change and Citizens Advice, found 45% of people did not believe they could save money by switching and 75% of people who did thought it would be £100 or less.

Oil & Gas

British Gas sees profits soar

British Gas said operating profits have risen by 44% as more energy was used by consumers due to colder weather conditions. The company, owned by Centrica, said consumption was up by 11% compared to a “warm first half” of 2014. The first six months of the year have seen profits surge to £528million up from £265million a year earlier.