Gas & Electricity
Ofgem halves rules to open energy supply market possibilities
As part of a landmark piece of work energy regulator Ofgem has cleared the way for energy suppliers to offer more innovative products that could bring better deals to customers and environmental benefits.
moneysupermarket.com: Ofgem axes 28 day rule
Commenting on Ofgem’s decision to axe the 28-day rule, Scott Byrom, utilities expert at price comparison website moneysupermarket.com, said: "This is a disaster for the consumer.
‘No obligation’ energy tariffs could become a thing of the past
Ofgem has removed the rule that prevents power companies from forcing customers onto long-term agreements.
British Gas playing ‘catch up’ on green
Commenting on British Gas’ announcement that it is launching two new green products, Geoff Slaughter, Energy Manager at uSwitch.com, says: “This is welcome news and very timely with green issues topping the agenda.
moneysupermarket.com: new British Gas green energy products
Commenting on British Gas's two new green products, Scott Byrom, utilities expert at price comparison website moneysupermarket.com, said: "Undoubtedly, these products tick all the right boxes from a 'green' point of view, but they come at a cost.
Innovative new energy plan needs a ‘buyer beware’ stamp
British Gas’ new wholesale market tracker will allow consumers to peg their energy bills to the wholesale energy market.
Consumers in energy debt
Recent Ofgem figures reveal that 2 million consumers are now officially in debt to energy providers.
Millions of 'ghost' customers slip through the utility bill net
Britain has 1.8 million ‘ghost’ electricity customers and 1.3 million ‘ghost’ gas customers1; people who are either not paying for their gas and electricity at the moment or who have left a property without paying for it.
Consumers warned not to disregard energy discounts
People are potentially losing out on an estimated £830 million in savings on their energy bills because they are not taking advantage of discounts available from suppliers, says uSwitch.com.
£12bn energy investment is “a drop in the ocean”
Britain's households could have to find an extra £1.3bn because of controversial claims for cash by gas companies that will increase domestic energy bills, says uSwitch.
Scottish Power's new green energy product
Commenting on the launch of Scottish Power’s new green energy product, Paul Schofield, head of utilities at price comparison site moneysupermarket.com, said: “It is good to see an energy supplier raising the bar and boosting awareness of eco-friendly options.
Brits catch on to the energy switching game
New research reveals that Britons are getting into the energy switching habit with more than 13 million households - 51% - claiming to have switched energy suppliers at least once, says uSwitch.com, the independent online comparison and switching service.
Prepayment customers missing out on savings
Ofgem, the energy regulator, has said that customers who pay their energy bills by prepayment meter are missing out on average savings of £100 by not switching energy supplier.
uSwitch.com responds to Centrica’s trading update
Tim Wolfenden, Senior Product Manager at independent comparison and switching service uSwitch.com, responds to today’s update from Centrica that it is continuing to trade strongly: “Today’s announcement is another positive sign that the turmoil of high wholesale prices and low supplier margins is well and truly in the past.
Lights out London's £90,000 gift
Much of the capital is taking part in Lights Out London from 9pm, and research from price comparison site moneysupermarket.com reveals if all three million households in London switch off their lights tonight, over 900,000 kWh of energy could be saved.