Tag Archives: Energy market news

The Big Six suppliers have been in the news lately with almost all of them raising energy prices by a big margin. The latest to join the suppliers who have announced price rises is SSE, which declared a price hike of 14.9% in its standard electricity tariffs. Effective from April 28, the price hike would […]

Black-outs and energy security threats are the ruling concern of the UK energy market. Both bring with them the fear of darkness in the UK and for a long time needed a permanent solution. The newly formed government has come up with a new scheme so that energy consumers get an uninterrupted supply of energy […]

The latest reports from Ofgem suggest that the year 2016 witnessed a 30% hike in the number of customers switching their energy suppliers. Switching reached a six year high as millions of customers decided to shop around and bring down their energy bills. Ofgem statistics suggest that last year around 7.7 million customers made the […]

There has been a buzz of price hikes in the energy market as the Big Six suppliers have started announcing energy price increases across the board. EDF energy was the first one to declare that it would be raising electricity prices by 8% from March while Npower shook the UK government and Ofgem by announcing […]

In an unexpected turn of events, the big six energy supplier, British Gas announces to keep its energy prices on hold till the month of August. Experts had predicted that the company could raise its prices by a high margin to follow Npower which has announced price rise from March 16th. British Gas explained its […]

In a brilliant step towards saving customers from heavy energy bills, the energy regulator Ofgem has made an announcement to cap prepayment energy bills. The cap would be in effect from April and is expected to affect 4 million customers who would save around £80 a year on their energy bills. This step was followed […]