May 02, 2008

British Gas Click Energy 5 price reduction

With effect from 8th May for existing customers, British Gas has reduced the cost of Click Energy 5. New customers will benefit from these new prices immediately.

The reduction applies to electricity only and averages 4.36%* across the UK with the best savings in the SWALEC region where the saving is a massive 12.19%*.

Continue reading "British Gas Click Energy 5 price reduction"

Posted at 04:42 PM Technorati: Energy Prices

March 20, 2008

Scottish and Southern Energy, latest energy company to increase prices

Scottish and Southern the UK Energy company who operate the brands, Atlantic Electric and Gas, Scottish Hydro Electric, Southern Electric and SWALEC today announced a price increase all four brands.

The increase averages 14.43% on electricity and 15.58% on gas. The new prices can be found on our platform now.

Continue reading "Scottish and Southern Energy, latest energy company to increase prices"

Posted at 11:33 AM Technorati: Energy Prices

February 10, 2008

British Gas increases energy tariff by 18.58%

From a position of being one of the cheapest online tariffs in the UK up until the 8th January, Click Energy from British Gas has decided to cease selling Click Energy 4 and introduce Click Energy 5.

Along with the name change comes a price increase:

Average Dual Fuel Increase		18.58%
Average Electricity Increase		20.98%
Average Gas Increase		16.68%
based on a standard domestic user consuming 20,500kWhs of gas and 3300kWhs of electricity paying by monthly direct debit. Source: Energylinx as at 09.02.2008

Continue reading "British Gas increases energy tariff by 18.58%"

Posted at 10:00 AM Technorati: Energy Prices

February 02, 2008

Who is the cheapest energy supplier in the UK?

There appears to be a constant quest to discover who the cheapest energy supplier in the UK, however this is something that is completely impossible to convey with a single table.

energywatch, the domestic electricity and gas watchdog were some years ago encouraged by the Advertising Standards Authority to come up with a profile of the standard customer.

When these figures were produced, some six years ago, they relied on what was publicly available information at the time and came up with the consumption figures 20,500 kWhs for gas and 3,300 kWhs for electricity and today in every table we see, including that noted below, these figures are quoted.

The truth is the average domestic consumer uses nothing like these figures so when we read that such and such supplier is cheapest in a particular area it is always based on an energy profile that simply does not exist.

Continue reading "Who is the cheapest energy supplier in the UK?"

Posted at 10:52 AM Technorati: Energy Prices

January 16, 2008

EDF Energy increases gas and electricity prices

EDF Energy has today announced a price increase applicable to residential customers effective from 18th January 2008.

The increases are 12.9% for gas and 7.9% for electricity. EDF Energy are the second major energy supplier to introduce a double digit price increase in domestic energy during 2008.

Like npower, EDF Energy has noted increased wholesale energy costs and increased distribution costs as being the main reason for these price increases

Continue reading "EDF Energy increases gas and electricity prices"

Posted at 06:56 AM Technorati: Energy Prices

December 04, 2007

British Gas reviews its Market Tracker energy tariff

In line with the rules surrounding this tariff, British Gas has announced an increase at its first quarterly review of its Market Tracker tariff.

The increase averages 15.03% on gas and 15.21% on electricity across all fourteen UK distribution areas**.

With British Gas Market Tracker, prices are tracked against wholesale prices from 1st September 2007 until 31st August 2008. Prices are set at the beginning of each quarter on the following dates: 4th December 2007, 4th March 2008 and 3rd June 2008. The prices are then fixed for the remainder of that quarter.

Continue reading "British Gas reviews its Market Tracker energy tariff"

Posted at 07:54 PM Technorati: Energy Prices

December 03, 2007

Who is the cheapest energy supplier?

The most sought after position in the UK domestic energy market is now being dominated by the relatively new player, Spark Energy.

Up until recently British Gas held the mantle of being the cheapest dual fuel energy supplier for a standard domestic customer, paying by monthly direct debit with an online account.

Continue reading "Who is the cheapest energy supplier?"

Posted at 05:07 AM Technorati: Energy Prices

E.ON, the new name for Powergen

From now on it's E.ON. As of December Powergen became E.ON, one of the worlds largest investor owned energy companies, who is committed to changing energy for the better. That means they want to change where we get our energy from, how E.ON gets it to you and helping us to use it more efficiently.

In the UK, E.ON's generation business produces enough electricity to cater for the needs of around eight million homes. E.ON is one of the leading green generators, with 21 wind farms located from Cornwall to Northern Ireland and have recently finished building the UK's largest dedicated biomass power station at Lockerbie.

Continue reading "E.ON, the new name for Powergen"

Posted at 04:21 AM Technorati: Energy Prices

November 12, 2007

better plan launched by Scottish and Southern Energy

Scottish and Southern Energy have launched a new energy tariff called better plan and here is what they have got to say about it.

Our world is getting warmer. But that doesn't mean the 'British weather' will be better. Instead, the outlook for the whole world is worrying. Globally, hurricanes have doubled in the past 30 years. Floods, droughts, and severe storms are becoming all too common.

Scientists agree that the carbon we all produce is a major cause of global warming. The energy you use at home is a big part of your 'carbon footprint' so using less energy is key to tackling this important global issue.

Continue reading "better plan launched by Scottish and Southern Energy"

Posted at 09:35 AM Technorati: Energy Prices

October 01, 2007

British Gas launch Click Energy 4

British Gas has today, 1st October 2007, launched a new energy tariff named Click Energy 4. This is an online tariff where consumers will manage their account online.

Click Energy 4 currently holds the number 1 position across the UK for combined gas and electricity (dual fuel) at what is classed as a standard domestic consumer paying by monthly direct debit

Continue reading "British Gas launch Click Energy 4"

Posted at 09:10 PM Technorati: Energy Prices

September 03, 2007

Utilita, first to launch a twelve month domestic energy contract

Utilita, the gas and electricity supplier who re-launched in the domestic energy market after a fourteen month break in February 2007 are the first supplier to take advantage of the recent OFGEM decision to allow domestic energy customers to be offered a 12 month contract, thereby ending of what is known as the 28 day rule.

The 28 day rule required domestic suppliers to offer contracts that could be terminated on 28 days notice. This was originally put in place to prevent existing suppliers signing up customers on long-term contracts to restrict competition from new suppliers.

From a supplier viewpoint this will allow suppliers to develop innovative energy saving products which should ultimately help the consumer reduce their energy bills. Typical savings of some energy efficiency measures can be found in the table below.

However, from a consumer viewpoint there is a concern that these type of contracts will be sold to consumers who are not fully aware that they are tied into a long term contract.

Continue reading "Utilita, first to launch a twelve month domestic energy contract"

Posted at 02:26 PM Technorati: Energy Prices

June 14, 2007

British Gas price tweak

British Gas has today reviewed the prices of its standard electricity in two regions of the UK, ScottishPower and Manweb.

The reduction only applies to the standard electricity tariff from British Gas and equates to a 1.2% reduction in the ScottishPower area and 1.49% reduction in the Manweb area.

British Gas has advised that this is not indicative of more price cuts and is simply their response to ensure that their standard tariffs are competitive across the whole of the UK.

Continue reading "British Gas price tweak"

Posted at 01:42 PM Technorati: Energy Prices

June 06, 2007

Online Energy Saver 4 launched by ScottishPower

ScottishPower has today, 6th June 2007, launched a new tariff to be known as Online Energy Saver 4.

This is a replacement to Online Energy Saver 3 which ScottishPower closed for new applications today.

Online Energy Saver 4 provides the customer with:
The ability to manage your account online
A dedicated online contact centre
No exit fees should you subsequently decide to leave the tariff
No standing charges,so you only pay for the energy you use

Online Energy Saver 4 is available to dual fuel customers only. (Dual fuel is where you take both gas and electricity from the same supplier).

Continue reading "Online Energy Saver 4 launched by ScottishPower"

Posted at 06:29 PM Technorati: Energy Prices

May 31, 2007

British Gas launch Click Energy 3

British Gas has today, 31st May 2007, closed applications to its Click Energy 2 tariff. The good news for consumers is that the tariff has been replaced with Click Energy 3, with prices remaining identical to the tariff removed.

Click Energy 3 is available to both new and existing British Gas customers.

As an online product Click Energy 3 is only available to sign up over the internet.

There are tie in periods nor cancellation fees for customers who select the tariff and later decide that they wish to transfer to another energy supplier or tariff.

Continue reading "British Gas launch Click Energy 3"

Posted at 09:57 AM Technorati: Energy Prices

April 26, 2007

Powergen honour Price Guarantee Tariffs

Powergen has today immediately responded to the reduction in standard prices announced by British Gas by reducing their tariffs within their suite of tariffs known as Price Guarantee.

Under the Price Guarantee suite of tariffs - which includes EnergyGaurantee and ElectricityGaurantee - Powergen provide the comfort that customers are guaranteed a price which will be lower than British Gas standard quarterly billed account until 1 September 2008.

Continue reading "Powergen honour Price Guarantee Tariffs"

Posted at 03:44 PM Technorati: Energy Prices