Ofgem confirms 7% energy price cap cut
Ofgem has confirmed that that it will lower the energy price cap for domestic energy bills by 7% from 1 July to 30 September 2024 compared to the previous quarter.
energy prices
Energy prices will continue to rise if oilfields like Cambo are halted – Hands
The price of energy will increase further if oilfields like Cambo do not go ahead, a UK Government minister has warned.
Eat ginger to save on heating? SSE Energy Services sorry for advice
UK supplier SSE Energy Services has been forced to apologize after suggesting customers to save on heating this winter by eating ginger or having a hula-hoop contest.
Chevron CEO warns of high energy prices and supply crunches
The world is facing high energy prices for the foreseeable future as oil and natural gas producers resist the urge to drill again, according to Chevron's top executive.
Vattenfall comfortably in the black despite ‘extreme and unusual’ year
Vattenfall stayed comfortably in the black last year despite “an extreme and unusual” 12 months for “several reasons other than the pandemic”.
Houston residents spend 27% of family energy budget on air conditioning
Households in the hot and humid Southwest, an area that includes Houston, spend 27 percent of their home energy budgets on air conditioning, the most anywhere in the United States.
Households ‘facing energy bill hikes of more than £300 this week’
Many households could see their energy bills rocket by up to 25% this week as a number of popular fixed-rate tariffs expire, a price comparison site has warned. There are 24 such deals coming to an end on Wednesday, including offers from British Gas, ScottishPower and First Utility, with customers being automatically transferred to their supplier’s standard variable tariff. These tend to be far less competitive and could mean drastically higher bills unless customers switch again.
British Gas criticised despite £35 price cut
British Gas has been criticised for not doing more to help hard-pressed households - on the day it announced a 5% reduction in gas prices.