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Over 17,000 people died last year as a result of cold housing conditions, figures from the charity National Energy Action (NEA) and climate change think-tank E3G reveal.
6 years ago
EDF Energy has posted a £172 million loss to its operating profit for the year ending 2018 as well as a loss of 200,000 customers.
Bristol Energy has announced it has procured a one-year contract to supply Bristol City Council with power for the next year.
Orbit Energy has introduced a tracker tariff for its customers which, the company says, will always remain 10 per cent below the price cap.
And when that lift from £1,137 to £1,254 kicks in on April 1, despite the
Portsmouth Council’s Victory Energy scheme may still come to fruition after councillors joined forces to vote in favour of an amendment for its reinstatement.
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.
EDF Energy has become the second big six supplier to increase its standard variable tariff (SVT) to the new cap level following Eon.
Eon has become the first supplier to announce price increases in line with the new level of the price cap.
SSE is still considering options for the future of its retail arm – SSE Energy Services – after plans for a merger with Innogy’s Npower were scrapped in December.
Ever since the government made the decision to proceed with smart meter deployment, in December
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.
