An end to fuel poverty in sight?? With more and more customers falling into the fuel poverty* trap (latest estimates are around 4.8 million homes) Energylinx asks the question why government departments have not focused on resolving this at grass roots levels by encouraging customers to simply switch energy supplier to the least cost supplier.
Energylinx predicts that with careful management of those customer's transferring, ensuring that they do geniunely receive a 100% impartial comparison, that the likelihood is that fuel poverty could be eradicated in the UK almost overnight. The only negative issue is that if this was to happen energy suppliers would be forced to increase energy costs as they simply could not maintain their current competitive position with the sheer number of new customers joining them at the most competitive rates.
Online S@ver v6 available to electricity customers EDF Energy has today set Online S@ver v6 as an electricity only product available for sale.
When first introduced Online S@ver v6 on the 24th February 2010 was only available as a dual fuel product so it now opens the door to customers with electricity only to take advantage of this online tariff.
British Gas launch WebSaver 5 British Gas has today launched WebSaver 5 as a direct but cheaper replacement to WebSaver 4 which is being withdrawn with immediate effect.
WebSaver 5 is an online energy account where prices are guaranteed to be 6% lower than the British Gas standard tariff until 28th February 2011, so regardless of whether prices go up or down the tariff will always be 6% lower than the standard prices.
British Gas launch Websaver 4 British Gas today launched WebSaver 4 as a direct replacement to WebSaver 3 and at the same time took pole position in the standard customer best price position in three areas of the UK.
first:utility launch Smart Dual fuel online saver V1 first:utility has launched Smart Dual fuel online saver V1 in two distribution areas, Midlands Electricity and East Midlands Electricity.
Smart Dual fuel online saver V1 is available to dual fuel (gas and
electricity) customers only. There is not an option for gas or electricity only
Smart Dual fuel online saver V1 is available as online account with monthly direct debit payment only.
EDF relaunch Online Tariff Version 5 EDF Energy has today relaunched Online Tariff Version 5 across 10 distribution areas.
Customers signing up for Online Tariff Version 5 are guaranteed a 2% discount off the standard EDF Energy unit prices until the end of July 2010.
EBICo reduce gas and electricity prices EBICo, the not for profit gas and electricity supplier has announced a reduction in their gas and electricity prices with effect from today.
The reduction in gas prices is 2.52% and this applies in every region.
The reduction in electricity prices averages 7.74% across all regions – the best reduction is in the Southern Electric region where the reduction is 9.62% and the worst in Scottish Hydro-Electric’s area where the reduction is only 4.49%
Scottish and Southern Energy, domestic energy price cut Scottish and Southern Energy have today announced a price cut across its domestic electricity and gas tariffs that will see the average prices for customers fall by 9% on electricity and 4% for gas.
The price cut will apply to existing customers from 30th March 2009. This is the second major energy supplier to reduce domestic energy prices within the last few weeks.
first:utility makes Smart Meters available for free first:utility previously known as first:telecom have been an established competitive telecoms provider since 1994.
As an industry first they are fitting Smart Meters to every single customer whenever they transfer to them and with immediate effect are doing so for free.
British Gas 10% price cut!! British gas has announced today that it will cut gas prices by 10% from 19 February 2009. The reduction will apply to all customers on British Gas’ standard tariff, benefiting more than 7.5 million homes.
British Gas is already one of the most competitive suppliers across the UK with their flagship WebSaver 1 tariff launched on the 18th December.
The cut in gas prices of 10% by British Gas will save a typical customer on their standard domestic tariff around £79 per year.
Bizz Energy now in administrative receivership Worcester based Bizz Energy is the latest victim of increases in wholesale energy costs and having appointed KPMG to carry out a quick auction after struggling to refinance its debts has now been placed in administrative receivership.
All 40,000 electricity customers across its SME and corporate networks are being transferred to British Gas Business for a cash consideration of £3.5million.
From a customer viewpoint British Gas Business will maintain existing contract terms and conditions.
Electricity4Business collapse, thousands of businesses face higher energy bills Milton Keynes based energy supplier Electricity4Business (E4B) has been placed in adminstration with the appointment of PWC as administrator. E4B has around 160 staff and hopes are that PWC will find a quick buyer to save the company going under altogether.
From a customer viewpoint British Gas has been appointed by OFGEM as the replacement supplier to all E4B energy customers from the 24th October.
Under the terms of their appointment British Gas do not need to honour the existing E4B contracts in place and customers are free to shop around for a new supplier without any penalty, the best place to start such a hunt is www.billscutter.com, a leading independent energy broker specialising in commercial energy contracts.
Energylinx endorsed by energywatch again Energylinx are delighted to receive confirmation from energywatch that we have been accredited for the third time. Energylinx was one of the founder members of energywatch and has held accreditation to the Code since 2003. With the responsibilities of energywatch...
Ecotricity increase energy prices Ecotricity, the green electricity company has today, 1st August 2008, announced prices increase in three distribution areas.
Ecotricity offer two tariffs:
New EnergyNew Energy Plus
British Gas, the impact of the latest price increases Yesterday, 30th July 2008, British Gas announced that both its gas and electricity prices were going to increase.
Given how wholesale energy prices are rocketing and coupled with the fact that this year the UK will require to import some 40% of its winter gas requirements from abroad then unfortunately this might be a sign of things to come.