Tag Archives: cheaper energy deals

Energy UK declares smart switching principles for customers on prepayment meters

Energy UK, the trade association of UK gas and electricity suppliers, aimed at suggesting reforms in the energy industry, declares switching principles for customers on smart prepayment meters. The whole idea is to facilitate the customers with a smooth energy swap before, during and after the switch to gas and electricity supplier. As Energy UK […]

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Ofgem to deduct £200m from revenue generated by energy networks

The UK energy regulator is in no mood to pardon energy network operators who made higher revenue than expected. In a rather shocking announcement, Ofgem made it clear that it will be deducting £200m from the allowances of energy network operators. It cleared the air by declaring that the aim is to direct the deducted […]

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Ofgem schedules energy price cap consultation

A promise to cap energy prices cannot be erased from the mind of UK energy customers that are struggling to get cheaper energy deals. The reigning government had clearly stated that it would announce a price cap to save 17 million energy customers from higher standard variable tariffs. However, nothing was mentioned in the government’s […]

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British Gas price rise behind the highest number of energy switches, says Experts

The UK energy market has been in the news for the energy price rises made by the Big Six energy suppliers. It has received flak from all over including from the UK government and the energy regulator Ofgem, which hinted on declaring a severe energy price cap in the near future. However, the dominating Big […]

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Ofgem threatens energy suppliers to either shift customers into cheaper deals or face action

The energy market is facing extreme pressure as the Prime Minister announced the draft law last week. Following closely is the industry energy regulator Ofgem which threatened to take action against suppliers that don’t move customers from expensive SVTs. It has ordered the power companies to pace up action to shift customers from Standard Variable […]

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Npower faces criticism for letting customers fall into debt of £1,600

The Big Six energy supplier Npower displays a rather insincere behaviour by allowing its customers to fall into energy debts of up to £1,600. The company does not spot such customers or intervene in order to save them from falling under the trap of paying higher bills. In fact, many of these customers face financial […]

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