News

ELN reports that the government’s smart meter rollout could cost £1 billion more than previously predicted, taking the total cost to £12 billion. A research from the Big Deal and ITV states the Department for Business, Energy & Industrial Strategy (BEIS) has “overestimated” the cost of buying equipment by £394 million but “dramatically underestimated” the cost of installation…

ELN reports that the average household water and sewerage bill in England and Wales is to increase by 2% this year. That will add around £6 in April, taking the total bill to £395 on average. Between 2015 and 2020, water and sewerage companies are to invest £44 billion in better service and environmental improvements.…

OFGEM announced today they have set a price cap for domestic pre-payment meters. Over 4 million electricity pre-payment meter customers and 3.5m gas pre-payment customers badly loose out from the competition in the energy market as they are denied the best deals. As many pre-payment customers are in vulnerable circumstances, including fuel poverty. This temporary…

According to an ELN report Steve Holliday, former boss of National Grid, who believes the nation has enough electricity capacity to meet demand even during peak times. Last year National Grid increased the gap between total power generating capacity and peak demand to 6.6% for this winter – up from from 5.5% for winter 2015/2016. Mr…

ELN reports that OFGEM is trying out various measures to increase the number of domestic customers switching from the most expensive standard tariffs. They will start by this summer and will cover issues including: Suppliers telling customers what the cheapest deals are across the whole market Changing the name of standard tariffs, for example, to…

We are pleased to note that both CNG & Gazprom have now followed most big6 suppliers in compliance with the recent CMA directive to allow Microbusinesses to terminate a rollover contract anytime by giving just 30 days notice. Microbusiness customers who fail to terminate ahead of the renewal will no longer be locked in on…

Lately an increasing number of visitors are misusing our news section to post spam comments. While we welcome genuine comments about the news item posted we do not tolerate spam or marketing messages. These are all being thrashed and not given any consideration whatsoever. Should this abuse of our website continue we will have no…

OFGEM published today some interesting figures regarding the Domestic Variable Standard Tariffs on Accordingly about 20m domestic customers are still paying over the odds on the higher variable standard tariffs instead of saving £££’s on cheaper tariffs. It’s time for customers to make the most of the competitive energy market both in domestic and business…

OFGEM’s latest press relies says OVO Energy pays £54,000 in redress and a further £4000 to a charity after agents missed appointments and failed to pay the statuary compensation to customers. This is good news for consumers and should send a timely message to big and small suppliers to put their house in order.

ELN reports that water billing issues were a common occurrence, with 37% of firms having experienced it and half of them being overcharged. So there is a high chance you are being ripped off as well. Take advantage of our FREE audit of water bills and you could save a fortune.