New dire price cap warning as energy bills look set to hit £4,200 in January
Energy regulator Ofgem is to blame for part of a massive increase in energy bills, experts said, as they forecast that the price cap will hit more than £4,200 in January.
energy bills
Cambo extension gives Siccar Point time to identify the right partner
Securing an extension to the Cambo licenses affords Siccar Point Energy time to find the right partner to progress the project.
Spring statement: Key demands facing Rishi Sunak ahead of mini-budget
Chancellor Rishi Sunak will come under pressure to offer more support to working families in financial pain as he makes his spring statement on Wednesday.
Fair winds could blow for our economy but only if we act now
The last six months or so have really emphasised the importance of every part of the energy ‘trilemma’.
Labour challenges Tories to scrap VAT on energy bills for a year
Labour is set to pile extra pressure on the Government over the rising cost of living by challenging MPs to back up past promises on cutting VAT.
OGUK calculates £3bn ‘bonanza’ for UK Treasury from surging gas prices
UK oil and gas companies will contribute billions more to the country’s coffers whether a windfall tax is introduced or not.
Seven out of 10 Scots worried about energy price hikes
Seven out of 10 Scots are worried about rising energy costs, research has found.
Major energy suppliers confirm autumn price increases
Two more major energy suppliers have confirmed autumn price hikes for millions of households in line with Ofgem's price cap increase.
New wave of UK offshore wind could help reduce energy bills
The newest wave of UK offshore wind farms could produce power so cheaply that they pay money back to consumers, researchers have said.
It’s getting personal – the changing face of customer experience
The quality of the customer experience in the UK energy sector is a topic that attracts increasing attention, manifesting itself in a range of consumer surveys and press commentary.
Customers paying too much for electricity due to low bar set by Ofgem – National Audit Office
Customers have been paying too much for their electricity for seven years because regulator Ofgem set the bar too low for networks, the spending watchdog has said.
Big returns for energy investors leaves customers with £800m bill, spending watchdog claims
Customers have been paying too much for their electricity for seven years as regulator Ofgem set the bar too low for networks, the spending watchdog has said.
Campaign to help people with soaring energy bills
A major campaign to help individuals and families struggling with their energy bills will be launched across the country today.
Millions of energy customers could see rise in bills as tariffs end
Millions of households could see their energy bills rocket by as much as £439 as hundreds of fixed-price deals come to an end in July, August and September, figures suggest.
UK’s most vulnerable households paying £250m more, research claims
The most vulnerable households in the country are paying out £250 million more than they should on their energy bills, according to new research.
Britons ‘fear’ higher energy bills this winter, study finds
Two out of five people would rather put on an extra layer of clothing than turn the heating up in their house because they worry about energy bills, a new study suggests.
Energy firms up prices as inflation forecast to rise in October
Inflation is forecast to have inched up in October as energy companies up their prices ahead of next year's default tariff cap.
Households overpaying on energy bills by £4bn a year
Households across the UK are overpaying on their energy bills to the tune of £4 billion each year, according to new analysis.
Only 12% of UK customers paid energy bills based on readings over last decade
Only 12% of UK energy customers paid bills based on actual meter readings over the last 10 years, a new report said.
Government to introduce bill to cap energy prices for millions in UK
Legislation designed to cap energy prices for 11 million households across Britain will be introduced to Parliament today.
Energy bill cap urgently required as millions being ‘ripped off’, say committee
Energy price cap plans must be introduced urgently to stop millions of loyal and vulnerable customers being ripped off, a powerful committee has told the Government.
Ofgem caps prepayment meter warrant installation fees for poorest customers
Ofgem is to cap the amount suppliers can charge customers for installing a prepayment meter under warrant at £150 and ban the costs altogether for the most vulnerable.
Businesses retaliate in response to May’s energy price promise
Theresa May faced a backlash from business leaders after announcing plans to put a price cap on “rip-off” bills.
Energy price cap will force Big Six to ‘start competing on their own merits’, says green energy boss
Theresa May’s new proposed limit on utility costs will force the industry’s big energy giants to justify ‘charging extortionate rates’, believes Bulb co-founder Hayden Wood.
Big six ‘substantially overcharging’ customers, according to Ofgem data
The UK’s big six energy firms are overcharging households by hundreds of pounds a year, it has been claimed.