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Eon has become the first supplier to announce price increases in line with the new level of the price cap.
7 years ago
Engineers will continue to work through the day (Saturday) to restore power to the final 4,375 customers, with the majority of customers, 3,905 located in Grange-over-Sands, Cumbria.
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.
Electricity North West said it is prepared and “on hand” for the first named storm of the year, Storm Erik, which forecasters predict will bring gusts of up to 70mph.
"A lot of accusations about the LUMs issues have been levelled at the market data, and therefore wholesalers"
In what the company described as an “industry-first” non-domestic retailers will receive cash boosts for delivering measurable savings with their customers across “water-stressed” London and the Thames Valley.
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.
Resilience. It’s transcended buzzword and become standard fare in nigh-on every water-related conversation going. This
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.
The average household water and sewerage bill in England and Wales for 2019-20 is set to rise by 2 per cent for a second year.
Castle Water has agreed new financing facilities, which the company will use to pay water charges in advance to wholesalers including Thames Water, Scottish Water, South East Water and Portsmouth Water.
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.
