Tag: cost of electricity
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Shell Admits Additional Gannet Alpha Leak, EDF Overcharges Customers & How to Build a Wind Farm
Today, we’ve got more news on that oil leak story we published over the weekend: Shell detects additional Gannet Alpha leak in North Sea Watch footage of the oil spill released by Marine Scotland>> Plus, news that EDF has been overcharging its customers: “Some 100,000 EDF Energy customers have been overcharged owing to a seven-year…
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Financial Times says “Invest in panels for solar savings”
Last week, the FT reported that homeowners will save more money in the long-term if they invest in their own solar panel installation, rather than taking up a ‘free’ installation deal from energy companies. “A number of providers now offer customers free solar panel installation. But while the schemes can save customers between £10,000 and…
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MPs call for energy doorstep mis-selling compensation
Earlier today, the BBC reported that an “influential group of MPs” said that energy companies “should compensate customers who have been mis-sold gas and electricity deals on the doorstep”. This news comes as the Energy and Climate Change Committee releases its finding in a new report on Ofgem’s Retail Market Review. Further, the BBC reports that…
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Rising energy costs move up political agenda
The Financial Times’ energy correspondent, David Blair, reports that “Higher energy costs are likely to become one of the most sensitive issues in British politics, according to analysts, after Scottish and Southern Energy became the third utility in quick succession to announce a big increase in customer bills.” This article follows the announcement of SSE’s…
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British Gas raises gas and electricity prices
The Guardian’s Matthew King reports that British Gas has stunned households across the UK by announcing a rise in gas and electricity prices of 18% and 16%, just eight months after it raised its prices by 7%. This comes at the same time as Scottish & Southern Energy suspends all doorstep sales with the loss…