EDF and Scottish Power are the first energy suppliers to confirm price hikes this spring in line with the adjusted price cap, but…
Continue ReadingEnergy Bills to Rise by £693 from April But Most Households Will Get £350 in Government Help
Written by Lauren Smith in Government Policy Household & Bills
Household energy bills will rise by 54% to an average of £1,971 per year from 1 April as Ofgem adjust the price cap…
Continue ReadingBritish gas has agreed to take on the business of collapsed provider Together Energy, a total of 176,000 customers.
Continue ReadingEnergy Suppliers to Face New Stress Tests After Cascade of Failures
Written by Lauren Smith in Energy Suppliers
From January energy suppliers will face a series of financial stress tests, as Ofgem moves to shore up a sector rocked by dozens…
Continue ReadingCustomers Can Claim More Compensation for Power Outages Following Storm Arwen
Written by Lauren Smith in Electricity
Households in northern England and Scotland will be able to claim up to £140 for every day they have been without electricity, as…
Continue ReadingSmall supplier Zog Energy has toppled under the weight of soaring wholesale prices, joining 24 other suppliers that have folded since the beginning…
Continue ReadingA life support system that will allow failed energy supplier Bulb to continue serving its 1.7 million customers through the winter could cost…
Continue ReadingAs threatened for weeks, renewable energy supplier and UK startup star Bulb has collapsed. It will enter an untested bailout process, which will rely on…
Continue ReadingStruggling Energy Suppliers Owe a Record £276m to Renewables Fund
Written by Lauren Smith in Energy Suppliers
37 energy suppliers failed to meet an early September deadline for paying into a scheme that supports renewable generation, leaving a record £276…
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…
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