Archive for the ‘Energy’ Category

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Government failure to end fuel poverty highlighted

Government failure to end fuel poverty highlighted
The Government has failed to successfully tackle fuel poverty, according to a report from The Environment, Food and Rural Affairs Select Committee. In a report released yesterday, the committee states: “More than 5 million UK households experienced fuel poverty last winter. The Government’s statutory target to eradicate fuel poverty, as far as reasonably practicable, in vulnerable ...
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Recession puts strain on Citizens Advice Bureaux

Recession puts strain on Citizens Advice Bureaux
Citizens Advice is calling for new volunteers to get in touch as the recession pushes more people into financial difficulties, putting greater demand on the charity. Citizens Advice, which relies heavily on volunteers, is asking everyone from young school leavers and students to retired CEOs and back-to-work Mums to get in touch if they are ...
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Credit disputes increase by 34%

Credit disputes increase by 34%
Complaints to the Financial Ombudsman Service – the independent organisation that settles disputes between consumers and financial companies – has reached record levels, with 127,471 new complaints and 789,877 consumer enquiries in 2008/9. The report revealed that consumer complaints were upheld in the majority of cases, with 113,949 disputes resolved, resulting in compensation for consumers in ...
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Is loyalty to your local energy supplier costing you money?

Is loyalty to your local energy supplier costing you money?
Sticking loyally with your regional electricity supplier could be costing you up to 33% or £111 a year more for your electricity, according to uSwitch.com. According to the research, the average householder who sticks with their local supplied pays out 15% or £58 per year in what uSwitch.com has labelled, ‘loyalty tax’. In ...
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‘Smart metering’ is coming to your home

‘Smart metering’ is coming to your home
The Government plans to put a new ‘smart meter’ in every home by 2020 to reduce energy consumption and prepare Britain for the eventual move to a low-carbon ‘smart grid’. According to a report released yesterday by the Department of Energy and Climate Change, the smart electricity and gas meters provide accurate real time ...
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Consumers baffled by energy tariffs

Consumers baffled by energy tariffs
70% of consumers find the number of gas and electricity tariffs available confusing, according to a report from Which? The consumer champion is calling for clearer bills and simpler tariffs after it identified over 4,000 different options for consumers to choose from. It believes that this makes it very difficult for consumers to understand what ...
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British Gas cuts electricity prices by 10%

British Gas cuts electricity prices by 10%
Consumers can breathe a small sigh of relief today as British Gas becomes the last of the major energy suppliers to cut its electricity prices. British Gas, the biggest supplier of electricity to homes in Britain, which serves around one in every four homes, has today cut an average 10% off its ...
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Energy bills to rise?

Energy bills to rise?
Chancellor Alistair Darling announced on Wednesday that the Government is to pump £525 million of new financial support into off-shore wind energy over the next two years, but how will this be funded? There are currently around 300,000 homes receiving electricity via wind farms in Britain, but the new funds could see this rise to 3.1 million ...
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Energy prices fall, green investment slows

Energy prices fall, green investment slows
As the price of oil, gas and coal has fallen over the past six months, planned investments in green energy development within the UK have slowed. The world’s biggest green energy investor, Iberdrola Renewables, withdrew £300 million of planned funding in Britain’s green energy future yesterday.  The move equates a 40 per cent drop in investment, and ...
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Ofgem crackdown on energy suppliers

Ofgem crackdown on energy suppliers<br />
Energy regulator Ofgem has released details of its new regulations for energy suppliers. The new rules will empower consumers to make better and more informed decisions regarding their energy supply, and will deal with flaws in the market revealed by extensive market research carried out by the regulator. Certain members of society who are the most vulnerable will ...
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