British Gas price rise kicks in today
The 6% price hike announced by British Gas last month will come into effect today. The rise, which is expected to affect around 12 million households, means the average bill for its domestic customers...
View ArticleBig users get direct access to wholesale markets
Businesses using huge amounts of electricity could soon get direct access to the wholesale markets themselves. The British Gas scheme called Flex 24/7 lets firms manage their demand by buying and...
View ArticleBig Six firms ‘should auction all their energy’
New, smaller energy firms are chomping at the bit to get access to more of the energy generated by the Big Six. The business director of Co-operative Energy revealed yesterday he was keen on Ofgem’s...
View ArticleEnergy ads are confusing – they can’t all be “cheapest”
Energy suppliers have been confusing customers by claiming to be “cheaper” than their rivals – in adverts running at the same. That’s according to a consumer group which today points the finger at EDF...
View ArticleElectric vehicles could help UK firms save £350,000
UK firms could save around £350,000 by replacing 10% of their fleet with electric vehicles (EVs). That’s according to a new report by the UK’s Transport Research Laboratory (TRL) for British Gas, which...
View ArticleBentley to leave British Gas?
British Gas boss Phil Bentley may be about to step down from his post according to reports today. The energy supplier is likely to announce his unexpected departure around the same time as its annual...
View ArticleCentrica withdraws from UK’s nuclear plans
Centrica will not be taking part in the construction of new nuclear reactors in the UK as part of the nation’s nuclear new-build programme. The firm, which owns British Gas, made the announcement today...
View ArticleRoyal Mail posts smart meters for British Gas
Royal Mail will be responsible for delivering smart meters to British Gas engineers across the UK for the next five years. The British postal service announced the deal yesterday as it celebrated...
View ArticleSuppliers finally publish complaints data
Watchdog Ofgem today hailed an “important first step” for more openness in the energy sector as the country’s largest suppliers published more data about complaints from customers. Suppliers are...
View ArticleAre you on the cheapest British Gas energy tariff?
Is your British Gas energy tariff the cheapest one? If you’re not sure, then you may benefit from the supplier’s new service, which will tell its customers just that every six months. Under the new...
View ArticleNew collective switching could save £220 on energy bills
Householders in Britain could now save around £220 a year by switching energy suppliers through a new collective switching initiative launched today. Called ‘UK Together’, the nationwide scheme could...
View ArticleBritish Gas creates 1,000 green jobs to help young unemployed
One thousand green jobs for young unemployed people are being offered by British Gas over the next three years. The energy supplier announced the skilled job opportunities today in partnership with...
View ArticleBritish Gas business energy profits drop £17m
British Gas saw a drop in its business energy profits of £17m while its residential sector saw a massive boost. Its profits in 2012 topped £606million for its residential customers, rising 11% compared...
View ArticleCentrica unveils gas supply deal with US
The owner of British Gas has signed an import deal with a US energy firm for liquefied natural gas (LNG) in a bid to ensure the UK’s energy security. The 20-year agreement includes the purchase of 89...
View ArticleCentrica’s £16.4m for pay and bonuses ‘obscene’
The union for energy workers have condemned the payouts to Centrica’s bosses’ and slammed it as “obscene” as five executives got a total of £16.4 million in pay and bonuses last year. The figure is...
View ArticleEd Davey ‘disappointed’ energy firms failed efficiency targets
Energy Secretary Ed Davey said he is “disappointed” that six energy firms did not meet the efficiency targets set by the Government last year. British Gas, SSE and Scottish Power were among the...
View ArticleEnergy firms pledge to meet remaining efficiency targets
Energy companies that failed to meet the Government’s efficiency targets by the end of last year have pledged to work towards achieving them. DECC had set the targets under two schemes – the Community...
View ArticleBritish Gas pledges to keep energy prices steady
The owner of energy supplier British Gas saw a huge boost in profits this year as consumers turned up their heating during the prolonged winter, increasing consumption by almost a fifth compared to...
View ArticleBritish Gas buys into data centre efficiency firm
British Gas is buying into a business which makes telecoms firms and data centres more energy efficient. The supplier is chipping into a £7million pot of investment into 4energy along with existing...
View ArticleCentrica invests £100m in UK shale gas venture
British Gas owner Centrica said it has bought a 25% stake in the Lancashire field to explore shale gas in the UK. It acquired the interest in the Bowland area operated by Cuadrilla Resources, where...
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