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Cornwall Insight’s Price Cap forecasts climb after info

Cornwall Insight’s Price Cap forecasts climb after info: Cornwall Insight’s forecast for the October (Q4 2022) Default Tariff Cap have jumped to £2,790 for an average consumer, with the January (Q1 2023) Cap now climbing to more than £2,800. This is after new guidance from Ofgem on their proposed shift to quarterly calculations, including newer…
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CEBR Predict 8p Fall at the Pumps

Pump Prices set to cripple the economy & cost of living

Pump Prices set to cripple the economy & cost of living: Record Pump Prices are Hurting 37m Drivers and the Economy. We are reliably informed petrol and diesel prices are to rocket even further by 10p to 20p per litre this coming week. The extra VAT generated in the last year and the coming months…
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It’s pointless to mourn over spilt potatoes!

It’s pointless to mourn over spilt potatoes: This week, milk substitute fans will be able to purchase a new one produced from potatoes on the shelves of British stores. This comes after Swedish potato milk manufacturer Dug made its goods accessible in 220 Waitrose locations throughout the UK. The retail giant previously projected that 2022…
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Six Future Mobility Trends from IDTechEx Research

Six Future Mobility Trends from IDTechEx Research: As a leading market intelligence provider, IDTechEx has provided insights on mobility trends for 20 years. In this time, electric vehicle start-ups have moved from obscurity into some of the world’s most valuable companies, most traditional automakers have committed to an electric future, drivers have been caught sleeping…
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BP/Shell Rub Fiscal Salt into Already ‘Drained Wallets’

BP/Shell Rub Fiscal Salt into Already ‘Drained Wallets’: Shell and BP getting richer and richer whilst UK Consumers and Drivers get poorer. UK’s biggest oil companies raked in £10.2bn in just 3 months last year. Shockingly the two firms have had £660m in tax credit handouts in the last five years too   “It will…
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Electricity policy costs deter transition to low carbon tech

Electricity policy costs deter transition to low carbon tech: The application of policy costs onto the electricity bill is a significant disincentive to electrify and transition to newer low-carbon heating technologies, according to a new insight paper from Cornwall Insight – Who pays for supporting the net zero transition? Funded through customer electricity bills The…
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18 energy suppliers overcharged more than 1m customers

18 energy suppliers overcharged more than 1m customers: More than one million customers have been overcharged by almost 18 energy suppliers as they failed to follow price protection rules. This found that customers were overcharged over £7.2 million as suppliers failed to protect prices when they decided to switch tariiffs or companies, this is according…
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Uptake of Time of Use tariffs still low, but set to increase

Uptake of Time of Use tariffs still low, but set to increase: Research from Cornwall Insight’s ‘Connected homes insight service’ has found both suppliers and consumers have made tentative steps to explore Time of Use (ToU) tariffs. However, adoption of these tariffs is anecdotally low at the moment, and ambitious innovation and slow industry processes…
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