News
News
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Energy customers urged to check fixed rate deals
Consumer advocate Martin Lewis has issued a warning to energy customers, urging them to review their fixed rate deals due to concerns of potential price surges. Lewis has alerted households who are currently “locked in on costly fixes” that they may face significant rate hikes following the expiration of the government’s Energy Price Guarantee subsidy […]
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‘Shell continues Russian gas trade despite withdrawal pledge’
Energy giant Shell has come under scrutiny for its alleged ongoing trade of Russian liquefied natural gas (LNG) despite previously pledging to withdraw from the Russian energy market. Analysis conducted by campaign group Global Witness reveals that Shell was involved in nearly an eighth of Russia’s shipborne gas exports in 2022. During the period from […]
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UK to introduce ‘pump watch’ scheme to protect drivers
The government will reportedly take action to improve transparency and protect drivers by introducing a new pump watch site. Operated by regulators, the pump watch site will serve as a centralised platform where retailers are required to share petrol and diesel prices. This will enable drivers to access up-to-date information about local fuel prices and make […]
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Government scraps unfair charge on prepayment customers
The prepayment meter premium has been scrapped. Previously, customers using prepayment meters faced higher costs than direct debit users. Suppliers incurred additional expenses in managing prepayment meter accounts, including payment collection and voucher distribution, which were passed on to consumers. By removing the prepayment meter premium, households can expect to save an average of £21 […]
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Ofgem: Consumers still facing ‘one of the most difficult periods in history’
Energy regulator Ofgem has reiterated that the current period remains one of the most challenging for energy consumers. Despite some improvements, the energy market continues to pose significant difficulties for households across the UK. An Ofgem spokesperson said: “This remains one of the most difficult and volatile periods in history for energy consumers. And while […]
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“UK at risk of losing investment abroad: Urgent carbon policies needed”
UKPIA, the trade association representing companies involved in refining, fuel production, terminal operations and filling stations, has called on the government to implement ambitious carbon policies in order to prevent crucial net zero investments from going abroad. According to UKPIA, the UK faces higher carbon and energy costs compared to its competitor nations, along with […]
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Energy boss calls for abolition of standing charges on energy bills
The boss of Centrica, owner of British Gas, has called for the elimination of standing charges in energy bills, citing the need for a simpler and more transparent pricing system. Chris O’Shea argues that the current practice unfairly burdens customers, especially those from low-income households and prepayment meter users, who are obligated to pay a […]
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‘Horrified’ UK minister resigns as government ‘abandons climate commitments’
Foreign Office Minister Zac Goldsmith has announced his resignation – Goldsmith cited what he described as the government’s “apathy” and a series of broken commitments as the reasons behind his decision. Goldsmith stated, “I have been horrified as, bit by bit, we have abandoned these commitments – domestically and on the world stage.” The minister […]
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How could insects become sewage sludge saviours?
Yorkshire Water has teamed up with Fera Science Limited to explore the potential of insects in managing sewage sludge. This three-month preliminary research programme aims to investigate the use of black soldier fly larvae and a process known as insect bioconversion. The collaboration seeks to develop a circular, nature-based and cost-effective approach to tackle the […]
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Lower October price cap predictions despite high energy bills
New predictions for the upcoming October price cap reveal a decline in average price expectations. Starting from October 2023, the Cornwall Insight forecast stands at £1,871 per annum for a typical consumer, rising to £1,900 per annum from January 2024. The dip in average price cap predictions can be attributed to Ofgem‘s adjustment of the […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas