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Yorkshire Water has started trialling smart analytics to find and fix leaks in its network with the aim of avoiding interruptions to services for customers.
7 years ago
Energy broker Utilitywise has announced it has gone into administration, with 576 jobs being made redundant.
Ovo Energy, the UK’s seventh largest energy provider, plans to expand internationally with a £200 million cash injection from Mitsubishi Corporation.
An electric vehicle (EV) charging manufacturer has announced it has partnered with London-based renewable energy supplier Bulb to launch the "first" fully open public charging network.
Professor Dieter Helm has admitted he was "amazed" about the lack of debate over how big a proportion of policy costs contributed to the recent energy price cap hike.
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.
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.
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.
Ofwat’s initial assessment of companies’ PR19 business plans has landed. Its verdict? None is ‘exceptional’ and the ‘fast tracks’ are heavily outnumbered by the ‘slow tracks’.
