Tag: UK electricity market
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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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Is UK newspaper coverage skewed against renewables?
Writing in Friday’s edition of The Guardian’s environment blog, Duncan Clark claims that “more than half of the coverage of renewable energy solutions in the mainstream British press is negative”, after being sent some “interesting and previously unpublished” analysis of British newspaper coverage of renewable energy. “Carried out by the Public Interest Research Centre (Pirc),…
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British Gas fined £2.5m over complaint handling
And so it starts. British Gas is the first to feel the heat as Ofgem says that “two fifths of customers were dissatisfied with the way complaints were handled”. Today, the BBC reports that British Gas has been fined no less than £2.5m for the way in which it deals with customer complaints. “Ofgem ruled that the…
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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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Powering the UK: why the new electricity plan is all about nuclear
Just one day before the UK government publishes its major reform of the country’s electricity market, The Guardian’s Damian Carrington has been speaking to people in the power industry, energy academics, investors and green campaigners about what they think the outcome will be from Tuesday’s reform package. “All agree that the sprawling and complex maze…
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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…