RSS Feed

Gas & Electricity

npower re-enters the battlefield as prices tumble across the board

Commenting on npower’s cuts in both gas and electricity prices, Paul Schofield, head of utilities at moneysupermarket.com, said: “npower has responded to last week’s game of cat and mouse between British Gas and Powergen by announcing cuts to its standard tariffs as well as dual fuel tariffs, slashing 16 per cent off gas and three per cent off electricity prices. The average npower dual fuel customer would pay around £832 per year from April 30, down from around £986 currently.

npower rocks the boat but doesn’t sink it

British Gas is yet again looking likely to be a casualty of the energy price war it started only 11 days ago, says uSwitch.com, the independent, online switching and comparison service.

npower reduces its standard tariff

npower has followed British Gas lead and reduced its standard energy prices. From 30th April 2007, npower will reduce its prices by 16% for gas and an average of 3% for electricity, cutting approximately £141 off a typical annual energy bill.

British Gas strikes back on dual fuel and gas prices

Commenting on British Gas’ second wave of price cuts in seven days, Paul Schofield, head of utilities at moneysupermarket.com, said:

Iberdrola cleared to buy ScottishPower

The European Commission has given the go-ahead today for Iberdrola to proceed with its £11.6 billion takeover of ScottishPower.

British Gas hits back with ‘tit for tat’ price cuts

British Gas, which yesterday looked like being the first casualty of the energy price war, has hit back at rivals Powergen with ‘tit for tat’ price cuts. The energy giant’s new move – its second price cut announcement in just over a week – shows how much heat suppliers are beginning to feel as the energy war ignites, says uSwitch.com, and also points to British Gas’ determination to retain its cheapest supplier crown.

Consumers set to benefit from Powergen’s ‘we’ll beat British Gas' guarantee

Powergen has today launched the latest salvo in the energy price war with three products guaranteeing to beat British Gas’ standard prices. It is also adding heat to the online market by introducing new online discounts, making it the cheapest online provider in 8 energy regions.

Powergen fires first volley in regional energy price war

Following Powergen’s announcement last week of price drops for its online electricity and dual fuel tariffs, the energy supplier which has over nine million gas and electricity accounts nationwide today made the unprecedented move of offering varied discounts across UK energy regions.

moneysupermarket.com comments on Powergen's price drop

Commenting on Powergen’s price drop for their online tariffs, Paul Schofield, head of utilities at price comparison website moneysupermarket.com said: “This is certainly not the long-overdue price drop we were waiting for from Powergen. Instead, these are lacklustre deals on both electricity and dual fuel, about which we urge its nine million customers to think twice before accepting.

British Gas to lower fuel bills

Today, British Gas became the first major energy supplier in the UK to announce a reduction in its tariffs for residential gas and electricity customers. From 12 March 2007, British Gas will cut its standard gas tariffs by 17 per cent and electricity by 11 per cent. As a result, the average annual dual fuel bill for its customers will fall from £1,120 to £953.

Scottish and Southern Energy's promise to drop prices

Commenting on Scottish and Southern Energy’s (SSE) promise to drop prices, Paul Schofield, head of utilities at price comparison website moneysupermarket.com, said:

npower's re-pricing of Sign Online rates

Commenting on today’s re-pricing of npower’s Sign Online rates, Paul Schofield, head of utilities at price comparison website moneysupermarket.com, said:

moneysupermarket.com comments on launch of 'npower tracker'

Commenting on today’s launch of ‘npower tracker’, Paul Schofield, head of utilities at price comparison website moneysupermarket.com, said: “npower’s pilot scheme will review energy bills every quarter, meaning customers may see their prices rise or fall in line with wholesale prices.

You don’t have to switch to be rich!

Stay with British Gas and save money at the same time, says Fool.co.uk.

moneysupermarket.com: consumers who have swapped energy suppliers

Commenting on Ofgem’s figures out today stating four million customers switched energy suppliers in the first 10 months of 2006, Paul Schofield, head of utilities at price comparison website moneysupermarket.com, said: