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There have been cases when energy suppliers go bust and leave the customers on the cross roads. To ensure that they benefit from the uninterrupted energy supply, the Department for Business, Energy & Industrial Strategy (BEIS), Ofgem and the Treasury have signed a Memorandum of Understanding (MoU) which dictates the ground rules of how the three will collaborate to resolve the issue of saving customers in case the energy supplier goes bust. This is especially important as such cases are increasing year after year, like the case of GB Energy which collapsed last year. The MoU is signed to make sure that the gas and energy sector remains stable so that the customers and taxpayers do not face issues if any supplier breaks down due to any reason. The Energy Supply Company Administration is designed to sort out things if a large energy company becomes insolvent. In case of such […]

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The UK government has come up with a striking announcement that it is making plans to slash subsidies for renewable sources so as to utilise that money to offer energy at lower prices. According to the government authorities, as green energy is derived from renewables like wind and solar farms, it is too expensive. The government plans to reduce subsidies and instead rely on competitive markets to generate and deliver green energy. The announcement was done once the government admitted that its strategies would compel it to spend more than £9.1billion on green energy levies by 2020-21. Due to the levies, each household need to pay an annual amount of £110. The concern was more severe for subsidies given to offshore wind energy which reached a whopping £1.4billion last year from a much lesser amount of £253million in 2010. The government authorities are planning a stable, long term roadmap to create […]

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Power cuts can be annoying as they keep you waiting for long hours and disturb your routine. Most of the time, we are unprepared as we might not have the emergency lights ready or inverters to ensure that our homes are lit up during the power outages. This makes things worst adding to the helplessness of energy customers. To combat this issue, UK Power Networks (UKPN),has announced a helpline service which would give updates about the extent of the power failure as well as the expected duration of the outage. UKPN, the owner of cable and distribution lines across London, the South-East and the East of England, has declared a text message service, which would update the affected customer on the power retrieval process so that people can gauge the time interval of the outage and prepare themselves accordingly. The service would keep the customers in the loop with the […]

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As the government is keen on smart meter installation across all UK homes, installation is mandatory for all energy suppliers. The main reason for this was the 5 million customer complaints received by Ofgem where energy suppliers were blamed for inaccurate billing. To avoid such issues in the future, the government decided to roll-out smart meters in 53 million homes across the UK. The plan is to finish the installation project by 2020 and the total estimated amount for it was calculated as £11 billion. However, according to new research done by the Big Deal and ITV, it was discovered that the cost of installation was underestimated by around £1.5 billion. This information now pushes the total cost to £12 billion. Main reasons for the change in overall cost are: The government underestimated the number of homes that need smart meter installation. The actual homes are more than the number […]

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Without an iota of doubt, it is clear that energy bills sap your monthly household budgets. For this basic reason, they can inflate or deflate your budget in a matter of seconds. Most of us feel that energy price rise is the main reason for higher energy bills but, this is just an overestimated assumption. One needs to dive deeper to find other reasons for the Godzilla sized energy bills. This will help you figure out the reasons which should be minimised in order to get cheaper energy bills. Apart from saving energy by switching off appliances and using smart meters, there are some techniques that can grab you cheaper deals from the energy supplier itself. Let us glance through some time tested techniques which would help you get the cheapest energy deal from the supplier. Tips and techniques to get cheaper deals from your energy supplier: Enquire for the […]

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PFP Energy has launched Together – March 2018 – fixed 45 which has replaced their Together – February 2018 – fixed 44 tariff. Changes are now live on our website and new tariff is available for sale via all internet and telesales channels. PFP Energy’s Together – March 2018 – fixed 45 tariff prices are fixed until 31st March 2018. There is a £30 per fuel cancellation penalty if you leave this tariff before the contract end date of 31st March 2018. The estimated savings figure on the results table assumes tariff rates and discounts remain the same for a year. However, after the contract period PFP Energy will either transfer you to the closest equivalent offer available or their Standard tariff, either of which may be more expensive than Together – March 2018 – fixed 45. Under the online version you must be prepared to manage your account online. […]

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