The government is taking action in the energy industry, but what are they and what does that mean for all the consumers? Change in social funding – Social incentives such as the warm homes discount is now getting funded via taxation as appose to energy bills, allowing consumers to receive an electricity rebate of £12 […]
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Recent ground breaking analysis has suggested a strong relationship between households and their demand for energy in the future. This will help energy suppliers in the long- term better judge the supply required to feed demand, therefore leading to greater levels of efficiency. Customer- Led Network Revolution (CNLR) conducted a research project involving 12,000 different […]
Energy regulatory body Ofgem will be investigating claims that one of the leading energy suppliers SSE has been leveraging its market dominating position to reduce competition and unbalance the scales of business. The new connection market is valued at roughly £500 million annually and plays a large part in the successes and failures of the […]
Last year, Ed Miliband promised that he would freeze energy costs for 18 months should he come to office. Recent events have made this a rather unfortunate claim. Energy prices are at a very low mark, wholesale prices of gas and oil are dropping and are at their lowest in 4 years. Some of the […]
Much has been made of the recent drop in the wholesale price of gas and oil. The UK is currently experiencing the lowest wholesale prices since early 2011. However, much of these savings are not being passed on the customer. What’s more, in the last three years (despite a steady drop in prices), the average […]
