Scottish Power has reported a sharp downturn in profits across the first nine months of 2021, with its energy retail business clobbered by…
Continue ReadingOfgem to Review Energy Price Cap and Scrutinise Suppliers’ Business Models
Written by Lauren Smith in Energy Suppliers
Ofgem announced it will consult on the way the energy price cap is calculated, amid a surge in wholesale gas and electricity prices…
Continue ReadingStartup Rebel Energy Pushes Back Launch until 2022 Amid Wholesale Price Surge
Written by Lauren Smith in Energy Suppliers
A startup energy supplier has postponed its full customer launch until the new year as it waits for conditions in the turbulent wholesale…
Continue ReadingTreasury Rejects Calls to Cut VAT on Domestic Energy Bills
Written by Lauren Smith in Government Policy Household & Bills
The Chancellor’s Budget, to be unveiled Wednesday, will not cut the VAT on energy bills, despite calls from Labour and fuel poverty charities…
Continue ReadingBrace for 18 Months of Energy Bill Rises and Supplier Failures, Scottish Power Boss Warns
Written by Lauren Smith in Energy Suppliers
Scottish Power chief executive Keith Anderson is calling for the government to review the energy price cap, as he warns that the surge…
Continue ReadingEDF Warns It May Not be Able to Take on More Customers of Failed Suppliers
Written by Lauren Smith in Energy Suppliers
The British retail arm of France’s EDF says it won’t apply to be supplier of last resort (SoLR) for another failed company until…
Continue ReadingQuarter of EV Drivers Still Charging at Peak Hours Despite Costs and Carbon Impact
Written by Lauren Smith in Energy Suppliers
More than a quarter of electric vehicle drivers are still plugging their EVs in at peak hours, although the behaviour is increasing their…
Continue ReadingTwo more energy suppliers have crashed out of the market, taking the toll of the wholesale energy price crisis to 14 suppliers since…
Continue ReadingDoubling Onshore Wind Would Slash £16.3bn from Energy Bills
Written by Lauren Smith in Renewable Energy
Doubling the UK’s onshore wind capacity by 2030 would save every household £25 on their energy bills each year, trade body RenewableUK has…
Continue ReadingA “green” energy supplier backed by BP and a firm selling tariffs to tenants through letting agencies have become the 13th and 14th…
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