Energy-inefficient new build homes are costing their owners £200 more on their energy bills
Despite being touted as more energy efficient, new-build homes actually cost their owners £200 per year more in extra energy bills, new analysis from the Energy and Climate Intelligence Unit (ECIU) has been able to suggest. Former Chancellor George Osborne’s decision to cancel the Zero Carbon Homes policy scheme in 2015 has resulted in owners […]
Energy bills to go up by more than £100 for 15m households
Energy bills are likely to go up by more than £100 for 15m households as Ofgem’s energy price is lifted, a recent news report has been able to suggest. The energy market regulator revealed that it was lifting two price caps because of rising wholesale costs. The energy suppliers are expected to increase their prices […]
2018 was worse year on record for energy price hikes, report reveals
Energy suppliers added £840 million onto total national gas and electricity bills, costing each household an additional £74, a recent report from auto-switching service Look After My Bills has been able to suggest. Over the course of 2018, energy companies carried out 57 price rises, compared to just 15 in 2017 – historically, there were […]
Millions of smart meters might have to be ripped as they don’t support supplier switching
Close to four million smart meters already deployed in customers’ homes may need to be ripped out and replaced as they won’t support a supplier switch, a recent media investigation has been able to reveal. The Government has promised to launch a new system to fix the problem so that all customers can switch provider […]
Save money with the perfect temperature control system
The respected money advice website MoneySavingExpert has produced a useful guide to exactly how you can reduce your energy spending … and which methods are in fact, myths. Their tips include: Keeping the heating on all day, rather than only when you need it, is not going to produce savings in the long run, due […]
Interest-free loans of up to £38,500 available for energy efficiency improvements across Scotland
Scottish home owners who are interested in improving their homes’ energy efficiency without having to pay anything upfront for the works can now access an interest-free loan of up to £38,500 funded by the Scottish Government and available via Home Energy Scotland. Under the scheme, which is conducted by the Energy Saving Trust, funding is […]
Price cap on energy tariffs to come into force on January 1
The price cap on default gas and electricity tariffs will come into force on January 1 — saving 11million households up to £120 each, according to data released by Ofgem. The measure will limit the amount providers can charge for poor-value standard variable tariffs, but it is likely to be increased in April due to […]
Landlords forced to install energy efficiency measures before renting out homes
As of 2019, properties with an Energy Performance Certificate (EPC) rating of F or G – the lowest two energy efficiency ratings – must be made warmer by landlords before they can be put on the rental market for new tenants, the amended Government regulations released by Energy and Clean Growth Minister Claire Perry stipulate. […]
Close to a third of fixed dual fuel tariffs will exceed Ofgem’s price cap, research finds
Close to a third of customers on fixed dual fuel tariffs are likely to exceed Ofgem’s energy price cap, set to come into effect at the end of December, recent research from consumer organisation Which? has been able to suggest. The government-imposed price cap has the purpose to limit the daily standing charge and unit […]
Ofgem’s energy price cap to help 11m customers cut bills cut by around £75
UK households could save up to £75 on their energy bills under a new energy price cap announced by OFGEM, a recent news report has been able to suggest. From the end of this year the upper limit for default tariffs, known as standard variable tariffs (SVT), will be set at £1,136, based on typical […]