Gas & Electricity
6.8 million households in debt to energy suppliers
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.
Energy providers profit from home-mover confusion
Fool.co.uk has unearthed a crafty tactic by utility companies that traps homeowners when they move into their new homes.
moneysupermarket.com: npower ONE
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.
Energy suppliers commitment to social assistance programmes
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:
uSwitch.com: Government's fuel poverty initiative
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.
Which?: Ofgem energy report
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.
uSwitch.com: 5 million UK switchers
Ofgem reveals UK energy switching levels hit 5 million in 2007, but whole groups of customers are missing out.
Switching rate for energy suppliers hits 5.1 million in 2007
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.
Growth of the 'tariff tart'
Commenting on Ofgem reporting the highest level of switching for five years, Paul Schofield, head of utilities at price comparison site moneysupermarket.com, said:
Brits can save money and the planet
Fourteen million households that have never changed their electricity tariff now have two compelling reasons to do so – saving money and the planet.
Last energy price hike ‘green light to switch’
Scottish and Southern Energy’s recent price increase is the green light to switch suppliers, says Switch with Which?, the home energy switching service from consumer watchdog Which?
Scottish & Southern Energy price hike
Commenting on Scottish & Southern increasing the price of its main tariffs by 12 to 15 per cent, Scott Byrom, utilities manager at price comparison site moneysupermarket.com, said: "Scottish & Southern said in January it would freeze prices for existing customers for as long as possible after 30 March – so it is a little disappointing it has only managed to hang on for another 48 hours.
£1.5 billion added to household energy bills
Consumers are being warned to expect more price rise misery, as energy companies may be forced to make a second round of price rises.
Scottish and Southern Energy increase prices
Scottish and Southern Energy will increase its prices for domestic electricity and gas customers on 1st April 2008. Prices for electricity customers will increase by 14.2% (average) and prices for gas customers will increase by 15.8%.
Countdown to claim fuel help
Over 60s who haven't yet claimed the Winter Fuel Payment have just days to get in touch with The Pension Service to receive help with energy costs.