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, 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...
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...
From April next year, all large companies in the UK will be required to disclose their energy use, efficiency and carbon emissions in their annual reports. This is to be introduced as part of the Government’s reform package, with the goal of 20% improved energy...
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...
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...
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