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Corbyn champions over 1,000 publicly-owned local energy suppliers

Corbyn champions over 1,000 publicly-owned local energy suppliers

In his new environmental manifesto , Jeremy Corbyn will announce he will be backing local energy suppliers to challenge the dominance of the ‘Big Six’. He is expected to pledge to create an energy policy “for the 60 million not ...

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25% drop in UK profits for EDF Energy

25% drop in UK profits for EDF Energy

EDF Energy has reported a 25% fall in profits at it’s UK operations. The French-owned company said it made pre-tax profits of £649 million in the UK last year compared to £863 million in 2013, “reflecting challenging market conditions”.   ...

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Energy companies profits could rise by up to £114 per house despite cuts

Energy companies profits could rise by up to £114 per house despite cuts

Despite cuts to energy tariffs the Big Six energy companies profits are expected to increase by up to £114 per household, according to Ofgem. The latest supply market indicator (SMI) from Ofgem has taken into account the recent price cuts ...

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Small energy firms win customer satisfaction survey for the fourth year running

Small energy firms win customer satisfaction survey for the fourth year running

The Big Six energy companies have faired badly in the latest annual Which? energy company satisfaction, for the fourth year running. The smaller suppliers took the top spots, Ecotricity came 1st,  with Good Energy, Ebico and Ovo Energy closely behind. npower ...

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Protestors march on London Energy UK building

Protestors march on London Energy UK building

Around 100 protestors marched from the Institute of Directors to the Energy Uk building in Regent Street chanting “Public Energy Now” and “Bring Down the Big Six”. The energy giants are accused of causing a significant number of deaths in ...

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UK Big Six to pay back £153 million to consumers

UK Big Six to pay back £153 million to consumers

The big six energy suppliers have committed to paying back a total of £153 million to past consumers who haven’t reclaimed what they are owed. Around 10% of previous customers left credit balances on their accounts when they changed suppliers, ...

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Which? report shows that complaints about Big Six have reached all time high

Which? report shows that complaints about Big Six have reached all time high

Consumer group Which? has reported an all time high of 1.7 million consumer complaints to the Big Six energy providers compared to 1.48 million in the previous quarter. The lowest number of complaints reported were to about Scottish Power, recording 13.57 ...

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Npower fined £125,000 for reporting error

Npower fined £125,000 for reporting error

Npower have been fined £125,000 for errors in reporting data for two renewable energy subsidy schemes. Ofgem said that the fine was due to incorrect information being used to calculate the amount of energy supplied to customers under the Feed-in Tariff ...

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Ovo Energy ups prices by 3%

Ovo Energy ups prices by 3%

Independent energy supplier Ovo Energy increased it’s prices by 3% today, which is the first price rise by the supplier for a year after five price drops. The company said the rise was due to an ‘upward move’ in wholesale ...

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Regulator investigation on Big Six energy companies could be imminent

Regulator investigation on Big Six energy companies could be imminent

Following pressure from the government, regulators may be starting an 18 month investigation into the big six energy companies as early as next week. Ofgem, The Competition and Markets Authority (CMA) and The Office of Fair Trading may compile a ...

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