Gas & Electricity
Commenting on British Gas cutting the price of its Click Energy 5 product, Paul Schofield, head of utilities at price comparison site moneysupermarket.com, said: "British Gas' Click Energy 5 deal is now king of the online tariffs following its price cut, which will come into effect on Thursday.
The National Consumer Council (NCC) welcomes the progress towards a roll-out of smart meters in all UK homes marked by proposed amendments to the Energy Bill.
Independent price comparison and switching service, uSwitch.com, has won an award for being the leading utilities website in 2007.
Commenting on the launch of npower SOL 11, Paul Schofield, head of utilities at moneysupermarket.com, said: "Despite a 10.4 per cent hike to its market leading SOL 10 offering (15.4 for electricity and six per cent for gas), Npower SOL 11 is the cheapest tariff for the majority of consumers.
A summit led by energy regulator Ofgem has agreed a package of measures to improve the targeting of help on customers facing increasing hardship created by the rising cost of energy.
New research from uSwitch.com, the independent price comparison and switching service, reveals that 6.8 million households (26%) are ‘in the red' to energy suppliers.
Fool.co.uk has unearthed a crafty tactic by utility companies that traps homeowners when they move into their new homes.
Commenting on today's launch of npower ONE, Paul Schofield, head of utilities at price comparison site moneysupermarket.com, said: "npower ONE - with its fixed price and basic boiler cover - is £230 more than npower SOL10, which is currently the cheapest product on the market.
Commenting on the agreement between the UK's big six energy suppliers to boost collective annual spending on social assistance programmes, Paul Schofield, head of utilities price comparison site moneysupermarket.com, said:
The Government has announced that energy companies have agreed to spend £225 million over 3 years to help people in fuel poverty, which could lift 100,000 households out of the fuel poverty trap.
In reaction to the announcement from Ofgem that more than five million people switched energy supplier in 2007, Siobhan Parker from Switch with Which? says: “There can be significant price differences between energy tariffs and suppliers, so we advise consumers to shop around for the best deal.
Ofgem reveals UK energy switching levels hit 5 million in 2007, but whole groups of customers are missing out.
Figures from energy regulator Ofgem show that the switching rate for gas and electricity suppliers hit more than five million in 2007, as energy customers went in search of cheaper deals. This is the highest level of switching for five years.
Commenting on Ofgem reporting the highest level of switching for five years, Paul Schofield, head of utilities at price comparison site moneysupermarket.com, said:
Fourteen million households that have never changed their electricity tariff now have two compelling reasons to do so – saving money and the planet.
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