British Utilities

£1bn from gov to help to seal Bulb takeover deal

£1bn from gov to help to seal Bulb takeover deal Octopus has allegedly asked the government for £1bn in taxpayer cash to finalise the takeover deal of Bulb. According to Sky News, the deal may involve Octopus, the reported only bidder, paying up to £200M to take on Bulb’s 1.6 million customers. It has been…

Responses from industry to energy pricing report

Responses from industry to energy pricing report: The Business and Energy and Industrial Strategy Committee has now released its report closing its inquiry into energy pricing as well as the future of the energy market. MPs have demanded the government to update its energy bill support package to protect customers before the predicted additional rises…

Extra £164 to energy bills due to supplier collapses

Extra £164 to energy bills due to supplier collapses Breakdowns of energy companies may likely put a predicted extra £164 to customers’ bills among energy crisis. Citizens Advice implies the bill for supplier failures, counting the management costs for Bulb, presently stands at £4.6bn. The charity has coaxed the government to research how diverse outcomes…

Suppliers & charities meet to offer extra help for customers

Suppliers & charities meet to offer extra help for customers: Charities and consumer groups met up with energy suppliers to propose potential steps that could help households through the energy crisis. Agents from charities Citizens Advice, National Energy Action and StepChange as well as Martin Lewis of Money Saving Expert met with the CEOs of…

Renters may not benefit from the £400 energy grant

Renters may not benefit from the £400 energy grant More than half a million people could miss out on the government’s help for rising energy bills. Citizen’s Advice has advised that private renters have a possibility that they may not benefit from this discount as their landlords might pocket the money. The charity indicates households…

Ofgem allegedly spent millions on consultants during crisis

Ofgem allegedly spent millions on consultants during crisis: Ofgem has reportedly spent £14 million for consultants in 2022 to help with concerns connected with the energy crisis. It has been rumoured that the amount was awarded in the 1st quarter of the year and surpasses a predicted £13.54 million paid throughout both 2020 & 2021.…

£2.4bn cost for customers as energy firms fail

£2.4bn cost for customers as energy firms fail: Since 2021 over 30 companies have left the market has costing their customers £2.4 billion due to unheard of raises in gas prices. An Ofgem document given to the Business, Energy and Industrial Strategy Committee say that energy suppliers could receive up to £2.4bn from taking on…

Will heat network subscribers face higher bill increases?

Will heat network subscribers face higher bill increases?: According to a new analysis, families that rely on heat network plans may face significantly higher energy bills. Nearly 17,000 blocks of apartments in the UK are projected to be unprotected by the energy price restriction. These flats, unlike homes with traditional heating costs, are not covered…

Gas companies collaborate with a charity to assist 17.5k vulnerable people

Gas companies collaborate with a charity to assist 17.5k vulnerable people: Gas distribution networks in the United Kingdom have announced a new partnership with Citizens Advice to assist over 17,500 vulnerable people. Through its Energy Advice Programme, the charity will raise awareness about carbon monoxide (CO) and CO risk. The scheme, which is led by…

Ofgem Blamed for Errors For Energy Suppliers Going Bust

Ofgem Blamed for Errors For Energy Suppliers Going Bust: Unless you’re with one of the UK’s larger energy suppliers, there’s a good chance that your energy company went bust this year. Legions of energy consumers found that their smaller, eco-friendlier, and more competitively priced energy suppliers have been forced out of business. As a result,…

Citizens Advice

£1bn from gov to help to seal Bulb takeover deal

Responses from industry to energy pricing report

Extra £164 to energy bills due to supplier collapses

Suppliers & charities meet to offer extra help for customers

Renters may not benefit from the £400 energy grant

Ofgem allegedly spent millions on consultants during crisis

£2.4bn cost for customers as energy firms fail

Will heat network subscribers face higher bill increases?

Gas companies collaborate with a charity to assist 17.5k vulnerable people

Ofgem Blamed for Errors For Energy Suppliers Going Bust

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