Gas & Electricity

New research has revealed that electricity companies are still cashing in on their old regional monopoly status to the tune of £446 million or £32 a year on average per customer.


Commenting on npower’s latest price fall, Scott Byrom, utilities expert at moneysupermarket.com, said:


Minister for Pensions Reform Mike O'Brien has urged older people to get their applications for Winter Fuel Payments in now to ensure they receive help heating their home before Christmas.


The tables have turned - Brits could save £314 million by using two different energy suppliers, says moneysupermarket.com.


Commenting on Powergen’s new fixed rate product, Scott Byrom, utilities expert at price comparison website, moneysupermarket.com, said: “Powergen’s new fixed rate product is now the cheapest capped deal on the market, and there is no penalty charge to exit it.


Powergen has launched its first ever fixed price energy product, which will allow both new and existing customers to fix their energy prices at Powergen's current standard prices until 1 January 2009.


Post Office Ltd and British Gas have signed a new deal running to the end of December 2010, which allows British Gas customers to continue to benefit from the convenience of paying for and towards their Gas and Electricity at Post Office branches.


More than half of all homes in the Midlands will score an energy efficiency rating of ‘E’ or lower says Severn Trent Searches, warning homeowners that the Energy Performance Certificate in the new Home Information Packs will expose poor performers and could affect the value of some houses.


In response to climate change and a growing desire amongst consumers to be as ‘green’ as possible in every aspect of their lives, fairinvestment.co.uk is now offering an energy comparison tool which allows the customer to find a supplier that will help them to leave behind a smaller carbon footprint.


Energy customers can now find the cheapest prices in their area with a new comparison tool launched by independent financial website, fairinvestment.co.uk.


energywatch and the National Consumer Council (NCC) today call for the planned government-backed green energy accreditation scheme to provide consumers with tariffs that are clear, honest and make a difference – genuinely saving carbon emissions and backed by cast iron evidence.


Commenting on the decision Corin Vestey, the editor of Everyinvestor.co.uk, said, “This move by the regulator is a betrayal of consumers and of the principle of competition in the energy market.”


Save your money by shopping around for your gas and electricity and help save the planet by offsetting your carbon emissions.


British Gas’ results today show widening margins, increased profits and a declining market share says uSwitch.com, the independent online price comparison and switching service.


£1.25 billion profits for Centrica – Scott Byrom, utilities expert at price comparison website, moneysupermarket.com, said: “Centrica bounces back in the first half of 2007 after struggling with losses of £143m this time last year.



 


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