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Second price hike for British Gas customers

Aug 8, 2018

It has been confirmed that British Gas will increase its Standard Variable Tariff (SVT) by 3.8% from the 1st October, effecting 3.5 million customers. The hike will see the average bill increase by £44, to an approximate £1,205 a year. Last month it was announced that...

British Gas doesn’t rule out further price hikes as profits drop

Aug 1, 2018

British Gas, who had 4.3million customers on Standard Variable Tariffs (SVTs) at the start of the year, has been actively encouraging consumers to switch onto cheaper, fixed rates ahead of the SVT price cap coming into force. However, the existing 3.5 customers still...

CMA concludes that heat networks must be regulated

Jul 24, 2018

Yesterday, the Competition and Markets Authority (CMA) published the final report of its 7-month study, concluding that Heat Networks should be regulated to protect UK customers. Heat Networks currently provide approximately 2% of building’s heat demand, with 14,000...

Energy price cap passes through Parliament

Jul 20, 2018

Following Ofgem’s consultation overview; a culmination of five working papers on the proposed cap, legislation passed through Parliament on Wednesday evening. The Domestic Gas and Electricity (Tariff Cap) Bill will come into effect this winter and is expected to...

Heatwave sees solar power eclipse gas as UK’s top energy source

Jul 2, 2018

Numerous solar power-generation records were broken last month, with solar taking over from gas as the UK’s top source of electricity over the weekend, with a share of 27%. Due to a fortnight of largely cloudless skies, solar initially broke the record for weekly...