Business energy can make up a huge chunk of your overheads so it’s only sensible to keep checking you’re getting the best prices. With over 30 suppliers on the market, there are huge differences in price between tariffs. In fact, the most expensive one-year business electricity tariff on the market costs 65% more than the […]
Britain has the most expensive electricity in Europe
Britain has the highest domestic electricity prices in Europe with customers paying double the continental average. The typical British household pays 14.8p/kWh before tax while the pre-tax price in Bulgaria sits at just 5.75p/kWh. While our tax sits much lower at 5% than most of the rest of Europe, Britain has still seen the biggest […]
Ofgem energy investigation over British Gas
Ofgem are investigating whether British Gas has complied with the requirements of conditions 7A, 14, 14A and 21B of its gas and electricity supply licences, which contain safeguards relating to supply to micro business consumers. There have been concerns over wrongful blocking of business customer transfers and billing issues after British Gas experienced a host […]
Stop telling consumers to switch now says Extra Energy
Extra Energy have called for a time limit to be placed on the push to get consumers to switch suppliers so that they can build trust with customers. Ben Jones, Extra Energy’s managing director of operations explained: “It’s all too easy to say let’s encourage switching because that creates competition and competition drives prices down, […]
More energy customers switching supplier
Energy UK has recorded the highest number of switches this year for a July since it started records. Looks like consumers are finally taking notice of the energy market amongst high-profile publicity in the press and a government campaign. The energy market has been under close scrutiny with the general elections and recent CMA investigation […]
Energy efficiency: Apathy or lack of understanding?
Latest results from the Energy Savings Trust (EST) reveal that consumers are unwilling to switch or save on energy because they can’t understand their energy bills. Surprisingly under 35s are the least au fait with energy terminology and pricing as 60% admit they didn’t know that energy was measured in Kilowatt hours. Over 55s pip […]
Electricity customers hitting the switch in 2015
Over 1.5 million customers have switched their electricity supplier so far in 2015 according to Energy UK. Switching rates hit record highs earlier this year after a governmental ‘Power to Switch’ campaign. The campaign advised consumers that they could be saving around £200 a year by switching helping raise awareness of the deals that are […]