by News Editor | Apr 2, 2019 | Economy, Electricity, News, Ofgem
Ofgem’s revised price cap on standard variable and default tariffs comes into effect today (1 April). The energy regulator, which announced the changes in February, has raised the level of the cap to £1,254 – an increase of £117. The price cap for pre-payment meter...
by News Editor | Mar 6, 2019 | Climate Change, Electricity, Energy UK, Environment, News
Approximately 4,000 homes suffered power outages in Cumbria due to Storm Freya over the weekend, according to Electricity North West (ENW). The region was hit with winds of up to 80mph and heavy snow across Cumbria on Sunday evening (3 March). The network operator’s...
by News Editor | Mar 1, 2019 | Energy UK, News, Smart Meters
Shell has agreed to buy the smart energy firm Limejump for an undisclosed sum. Upon completion of the transaction, Limejump will become a wholly-owned subsidiary of the Anglo-Dutch oil giant. Limejump chief executive Erik Nygard said: “This is an exciting moment – we...
by News Editor | Feb 25, 2019 | Economy, Electricity, Energy UK, Environment, News
Recent advances in household-scale battery systems are making them an ever more attractive option for new home buyers, and there’s an expectation that they could become commonplace as part of a home’s electrical infrastructure in the near future. A new guide from the...
by News Editor | Feb 14, 2019 | Economy, Energy UK, News, Ofgem
Responding to Ofgem’s announcement that it is raising the level of the default price cap by £117 for an average household, Energy UK’s chief executive Lawrence Slade said: “Nobody takes the decision to increase prices lightly, but Ofgem’s announcement today...
by News Editor | Feb 8, 2019 | Economy, Energy UK, Environment, News, Ofgem
Industry voices have given a mixed reaction to Ofgem’s announcement that it is to raise the default price cap on standard variable tariffs (SVTs) by £117 to £1,254 a year. The price cap for pre-payment meter customers will increase by £106 to £1,242 a year for the...
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