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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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Average UK household will spend £60,000 on energy in lifetime

Average UK household will spend £60,000 on energy in lifetime

The average UK household will spend around double the average pension pot on energy for their home, in their lifetime. uSwitch.com published an analysis today that showed customers could save around £10,000 over their lifetime if they switch to the ...

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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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Energy complaints that are unresolved are 20 times higher than stats

Energy complaints that are unresolved are 20 times higher than stats

Labour claimed today that half a million people and small businesses might not be getting compensation for wrong billing and bad service. According to the figures, this could mean that unresolved complaints could be 20 times higher than official figures ...

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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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1.5 million people switched energy suppliers in last 6 months

1.5 million people switched energy suppliers in last 6 months

According to the industry trade body, 1.5 million customers switched energy suppliers in the first six months of this year, with roughly 600 switching to smaller suppliers. There has been a “steady long term increase” in the number of people ...

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Utilities face increased risk of cyber attacks

Utilities face increased risk of cyber attacks

  Utilities in the UK could face heightened risks of cyber attack around tensions surrounding the Russia-Ukraine dispute. Radware, the cyber security specialist, said that there has been a spate of cyber attacks recently within the Ukraine, and the UK ...

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Compulsory Quick Response (QR) codes for all energy bills

Compulsory Quick Response (QR) codes for all energy bills

Energy bills are going to be updated to include Quick Response or QR codes to make switching energy companies more easy, according to the government. These barcodes can be scanned using a smartphone or tablet, easily accessing usage data and ...

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Energy UK says legally binding renewable target is “inappropriate”

Energy UK says legally binding renewable target is “inappropriate”

Energy UK – who are the trade body representing the energy industry –  are calling on the Government to continue to go against an EU 2030 legally binding national renewable energy target. The trade body wrote to the PM David ...

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Insulation needed to help children in fuel poverty

Insulation needed to help children in fuel poverty

2.2 million children are in fuel poverty according to the latest figures, showing a rise of 26%, with an extra 460,000 children in cold homes. This new definition of fuel poverty makes the overall problem look smaller, with  million people ...

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