Keeping both customers and shareholders content is rarely easy for a power utility, as yesterday’s full-year figures from Scottish & Southern Energy attest. By being the last of the six retail energy suppliers to increase its tariffs – by some 15 per cent in March – the owner of Southern Electric and Scottish Hydro Electric… Continue Reading »
Read More →Wholesale gas prices for next winter are on the brink of a record of £1 a therm – fuelling fears of further bill hikes for millions of homeowners. The cost of a gas contract for delivery in January 2009 has reached 99.7p a therm on commodity markets, around double the level a year ago. It… Continue Reading »
Read More →Scottish and Southern Energy will demonstrate its independent strengths on Thursday as market operators speculate on a further round of industry consolidation to follow the current auction for control of British Energy.The Perth group’s shares soared in heavy turnover last week on rumours that the German RWE or another of its Continental rivals could be… Continue Reading »
Read More →The world’s dwindling oil and gas reserves will become the main cause of global political tension if consumers continue to “run on empty”, the head of one of Scotland’s leading energy companies warned yesterday. Ian Marchant, chief executive of Scottish and Southern Energy, told delegates at a renewable energy conference that world oil and gas… Continue Reading »
Read More →How things have changed. A few years ago, you would have struggled to find a green energy tariff, and paid through the nose to get it. Nowadays, electricity providers are falling over themselves backwards to offer you green energy – and often at a competitive rate too. The trouble is, how do you know whether… Continue Reading »
Read More →A cross-party group of MPs is to call for water meters to be installed in all homes in the UK as soon as possible to help to conserve water. It also wants the Government to look urgently at banning single-flush toilets and water fittings that are not efficient, possibly including power showers. The MPs believe… Continue Reading »
Read More →UK gas prices at the National Balancing Point were a touch firmer Thursday as colder weather approached, traders said. Within-day was up 0.6 p to 57.35 p/therm by noon London time (11:00 GMT), while day-ahead was up half a penny to 58.6 p/th. The fundamental picture was fairly steady, repeating the patterns of the first… Continue Reading »
Read More →UK clean energy provider Green Energy UK has today launched two new tariffs designed to allow customers to distinguish between genuinely zero carbon energy and low carbon energy from biomass or combined heat and power (CHP) generators. The company said its Deep Green tariff would offer customers energy from zero carbon sources such as solar,… Continue Reading »
Read More →The Energy Retail Association (ERA) has highlighted as a crucial step towards the introduction of smart meters in every home in Britain. The final stages of the Energy Bill in the House of Commons coincides with the publication of the Government’s long awaited report into billing and metering. This report accepts the industry view that… Continue Reading »
Read More →British Gas will tomorrow warn householders that their annual gas bills may jump by as much as 30% next winter. The huge rise, the result of soaring wholesale gas prices, would push the average household energy bill to more than £1,200 a year. The company, which provides gas to nearly half the nation’s homes, said… Continue Reading »
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