01342 332057
info@utilityweek.co.uk
The UK's Energy Saving Trust will assume presidency of the European Energy Network from 14 February.
7 years ago
Industry analysts predict the price cap will decrease in the next review - due to falling wholesale costs.
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.
The regulator blamed a rise in wholesale costs for the cap increase, with Ofgem estimating that around £74 of the £117 increase in the default tariff cap is due to higher wholesale energy costs.
Bristol Energy has claimed to be the first energy supplier in the UK to sell heat “as a service” as opposed to in kilowatt hours (KWh).
Around 300 customers 'slipped through Ofgem's safety net' according to industry sources.
Octopus Energy Business Solutions has announced it is offering 100 per cent green tariffs to business customers through a partnership with Bolton-based Love Energy Savings.
Bath-based Pure Planet has announced it is reducing membership fees to £151 below the default tariff cap.
Sainsbury's Energy has announced it is ending its white label partnership with British Gas.
Ofgem is expected to announce a “significant” increase in its standard variable price cap on Thursday (7 February).