Energy suppliers ‘sitting on a hoard of £4.5bn in customer credit’
Energy companies are relying on billions in customer credit. According to The Mail On Sunday, Britain’s energy firms are ‘sitting on a hoard of £4.5 billion in credit balances’. The report comes days...
View ArticleBritish Gas to pay customers to use less energy
British Gas has announced a plan to reward customers who reduce their energy usage at peak times. The energy company said consumers could earn £4 per day for every unit they reduce. Households with...
View ArticleBritish Gas boss: More suppliers will go bust this winter
The chief of British Gas has predicted that more suppliers might exit in the coming months because of the pressure created by the ongoing energy crisis. Chris O’Shea told the Financial Times: “I think...
View ArticleUK EVs smash new record
November saw another strong month for the UK’s electric vehicle (EV) uptake figures. The latest report by the Society of Motor Manufacturers and Traders (SMMT) suggests newly registered battery...
View ArticleNearly 30% of British Gas customers ‘still missing out on energy vouchers’
Nearly 31% of British Gas customers said they still hadn’t got their October or November energy voucher. That’s according to a new survey by MoneySavingExpert which found that more than one-in-five...
View ArticleEnergy prices to change in January – but by how much?
Price changes will be taking place for customers in the new year, some of the UK’s largest energy suppliers have revealed. The maximum rate that suppliers are able to charge per unit will be updated...
View ArticleWhy were energy vouchers delayed in December?
Thousands of customers have complained about the delayed delivery of their energy vouchers in December during the recent cold snap. Usually, customers receive vouchers by post within the first 11...
View ArticleThousands of British Gas customers hit by faulty smart meter displays
Thousands of British Gas customers have been left unable to track their energy and gas usage. That is because nearly 4,000 customers, less than 1% of all British Gas customers with smart meters in...
View ArticleCentrica expects sevenfold rise in earnings amid energy crisis
British Gas owner has said it expects to see a sevenfold increase in its earnings in 2022. The group said it is likely to report full-year adjusted earnings per share of above 30p – this outstrips the...
View ArticleFormer Shell executive joins Centrica
A former executive at Shell has been appointed as Centrica’s Group Chief Financial Officer and Executive Director. Russell O’Brien will take on his new role on 1st March, the owner of British Gas has...
View ArticleHave energy suppliers halted debt collection from prepayment customers?
Energy companies have reportedly stopped reclaiming debt from prepayment customers struggling to pay their bills. According to the Guardian, ScottishPower has stopped recovering money owed from people...
View ArticleBritish Gas to offer heat pump installations for under £3k
British Gas has announced it will offer the lowest market price for installing heat pumps, starting from £2,999. It has also stated that it will match anything lower than this offered by a competitor...
View ArticlePeople’s Energy bosses under fire for £50m profits
The creators of People’s Energy, an energy supplier that collapsed in 2021, have received fierce criticism from the boss of Centrica. In September 2021, British Gas took on customers of the failed...
View ArticleThree major suppliers paid customers not to use energy yesterday
Thousands of customers were paid to switch off their appliances on Tuesday night. This is part of another test of National Grid ESO‘s Demand Flexibility Service which run yesterday and saw British Gas,...
View ArticleBritish Gas to give thousands of customers free £250 credit
British Gas has promised to help struggling prepayment customers by offering non-repayable £250 in energy credit amid the cost of living crisis. The money will be given to those who are struggling to...
View ArticleHow can you win cash back by unplugging your devices today?
Customers have been asked to ‘unplug’ from their energy-intensive activities to save on their energy bills. This is part of the second day of the live rollout of National Grid’s Demand Flexibility...
View ArticleCentrica to turn a former gas-fired power plant into a green energy hub
A former gas generator in North Yorkshire will soon be transformed into a green energy hub. Centrica has announced the acquisition of the four-acre former Knaption Generating Station and unveiled plans...
View ArticleOctopus labels rivals “desperate” in court over Bulb deal case
Octopus has called competitor energy companies “desperate” in a court hearing that took place on Friday after British Gas, E.ON and ScottishPower challenged the process which followed Bulb’s...
View ArticleCentrica strikes hydrogen ready CHP partnership
Centrica has partnered with manufacturer 2G Energy AG to provide customers with hydrogen ready Combined and Heat Power (CHP) systems. The agreement will see Centrica Business Solutions offer 2G CHPs...
View ArticleBritish Gas suspends force-fitting prepayment meters after investigation
Centrica has announced it will halt all warrants issued to force prepayment meter installations following an investigation by The Times. The energy giant has also said it will complete a “thorough and...
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