Leading energy supplier Scottish & Southern (SSE) is going to cut gas and electricity bills for its customers but has not decided by how much. It has written to seven million people telling them their charges will be reduced in the next few months. The impending cut has been prompted by a fall in wholesale… Continue Reading »
Read More →Scottish & Southern Energy says it is to cut prices for the first time in six years. The group, which supplies energy as Southern Electric, Swalec, Scottish Hydro Electric and Atlantic Electric and Gas, expects to cut gas and electricity tariffs within the “next few months”. The firm currently has seven million domestic customers; it… Continue Reading »
Read More →Scottish and Southern Energy said on Wednesday it would cut gas and electricity prices for its 7 million customers, the first cut in six years. “We are now monitoring costs and evaluating how we will be able to pass savings on to customers,” said SSE’s energy supply director Alistair Phillips-Davies. “I hope we will see… Continue Reading »
Read More →Daily Mirror 31 January 2007: Darren George faced a massive £2,000 increase in his gas bill each year until Your Money stepped in. We persuaded his energy supplier to cancel his contract and put him back on to a lower rate. The chip-shop owner from Sheffield was tricked into switching his gas supplier to a… Continue Reading »
Read More →US Electricity costs predicted to double in next 25 years, thats what a report to be released today says the cost of electricity could double by 2030. The Energy Supply Association (ESA) commissioned the research that found a 30 per cent cut in greenhouse gas emissions in the next 25 years would mean power would… Continue Reading »
Read More →Centrica, the country’s largest energy supplier, has widened its search for gas to Norwegian waters, as Britain’s North Sea gas supplies dwindle, the company said on Tuesday. The Norwegian government has granted British Gas’ parent company operatorship of three gas exploration licenses and a smaller stake in another, at a time when UK gas output… Continue Reading »
Read More →Ofgem, resposible for overseeing gas and electricity prices throughout the UK, has called for an end to the Renewables Obligation the government’s support mechanism for renewable power. Ofgem says that the system is unfair to the consumer, renewable power generators are receiving an over-generous subsidy under the Renewable Obligation (RO), while electricity customers can be… Continue Reading »
Read More →Since the start of 2007, the amount of talk on the political grapevine concerning Gazprom and its UK ambitions appears to have risen several notches. The state-owned Russian gas giant’s interest in Centrica, the parent company of British Gas, is long-standing and well documented. It is said, however, that Gazprom may be considering switching its… Continue Reading »
Read More →July 1, 2007 is the deadline for European Union member states to comply with the second phase of European energy liberalization. However, with many countries likely to fall well short of the required standard, the final phase of energy market liberalization in the EU will precipitate a new of era of European Commission activism in… Continue Reading »
Read More →According to UK comparison service provider MoneyExpert.com’s new Switching Index, which tracks the nation’s switching habits on a quarterly basis, British consumer apathy is on the wane, with half of the adult population having chosen to switch providers of services such as bank accounts, energy and broadband internet in the past six months. The tracker… Continue Reading »
Read More →