Energy customers will be automatically offered cheaper deals by the suppliers, Nick Clegg will announce today (Wednesday, April 11, 2012). Under the scheme, every household will be notified at least once a year if they should switch tariffs.
Wholesale gas prices will be higher later in 2012, warned British Gas. The well-known energy supplier’s owners said gas costs would be 15% more expensive next winter, adding: “The trend for retail energy costs therefore remains upwards.” British Gas customers last August saw a 16 per cent rise in electricity prices and an 18% rise in gas prices.
A report says firms can use a ‘light bulb moment’ of inspiration to save on their energy spend. The report, entitled The Light Bulb Moment, explains that manufacturing firms across the UK could save £1.4 billion a year simply by installing more efficient lighting systems.
