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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…
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Agreement by Centrica to safegaurd winter energy supplies

Agreement by Centrica to safegaurd winter energy supplies Centrica has collaberated with Equinor to steady the energy crisis due to rising energy bills and the war in Ukraine. The signed settlement will see the Norwegian energy firm bring an extra 1 billion cubic metres of gas supplies to the UK for each of the next…
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Is it possible for energy companies to safeguard customers?

Is it possible for energy companies to safeguard customers? How could energy companies protect their customers’ credit balances among the major energy crisis? It has been said that Chris O’Shea, Chief Executive of Centrica, during the company’s annual general meeting last week, slammed “newer, larger UK energy firms” for not supporting his proposals on the…
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Centrica submitted application to reopen ‘largest’ gas storage site

Centrica submitted application to reopen ‘largest’ gas storage site British Gas owner Centrica has submitted an application to the North Sea energy regulator to reopen Rough, which is considered the UK’s largest gas storage facility. The company confirmed it is in “exploratory discussions” with the government about the way Rough could boost the country’s energy…
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Customers offered with free energy debt advice due to struggles

Customers offered with free energy debt advice due to struggles British Gas has partnered with Post Office to offer free advice for customers worst effected by the energy crisis. The initiative aims to support people struggling to pay their bills with in-person meetings at Post Offices across the UK. These sessions will hold at post…
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Customers appeal energy firms to protect credit balances

Customers appeal energy firms to protect credit balances Almost 86% of customers wish for their energy suppliers to support their credit balances. That’s according to a new YouGov survey acredited by Centrica which found that 91% of E.ON customers, 88% of British Gas customers and 85% of Octopus customers want to see their providers safeguard their…
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Severe hit on customers’ payment ability say energy chiefs

Severe hit on customers’ payment ability say energy chiefs: Customers in the millions are finding it difficult to pay their energy bills after a large increase in the price cap with average household gas & electricity bills soaring to £1,971 per year. Michael Lewis, Chief Executive Officer of E.ON, speaking in a session of the…
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Profits at British Gas will increase by 44% in 2021

Profits at British Gas will increase by 44% in 2021: In the midst of the energy crisis, British Gas has reported a significant increase in profits. Centrica, British Gas’ parent company, published its financial results today, revealing that the company’s adjusted operating profit increased by 44 percent to £118 million in 2021. According to the…
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A gas supplier is appointed to a council with 17 years of unpaid bills

A gas supplier is appointed to a council with 17 years of unpaid bills: After discovering that it had not paid its gas bills for 17 years, a local council in Yorkshire appointed a gas supplier. Beverley Town Council launched an investigation earlier this month into why it does not have a gas supplier “despite using…
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British Gas taking action against a ‘activist hedge fund raid’?

British Gas taking action against a ‘activist hedge fund raid’: Centrica, the owner of Britain’s largest energy supplier, is apparently bracing for an attack by “activist hedge funds” trying to profit on the energy crisis. The Daily Telegraph originally revealed that the owner of British Gas had hired Goldman Sachs investment bankers to devise a…
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