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Energy crisis make suppliers cease adding new customers

Energy crisis make suppliers cease adding new customers: While the UK’s energy market has been descended into turmoil with a small quantity of companies having already gone bust, 2 suppliers have reported they will stop accepting new customers. Energy firm Utilita which provides energy to almost 800,000 customers stated: “By now, we are sure you…
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July’s energy switches have slowed down

July’s energy switches have slowed down: Energy switching action has reduced pace last month, as reported by the newest Energy UK’s figures. The figures reveal over 452,000 customers switched to a new supplier in July, constituting a 13% reduction in the numbers in comparison to the same month the previous year. The data additionally calculates…
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DCC network makes 14 million smart meters achievement

DCC network makes 14 million smart meters achievement: On 18th August, Foxglove Energy has set up the 14th millionth smart meter in County Durham. Data Communications Company (DCC) which is in charge of connecting smart meters in homes as well as businesses with suppliers, network operators & energy service companies reported the achievement for its…
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Energy switching rates for July hit a 3 year low

Energy switching rates for July hit a 3 year low: July’s energy supplier switching hit a 3-year low. That’s as claimed by the newest report by ElectraLink, which evaluates that nearly 453,000 energy switches were documented last month. This is about 16% fewer than July of last year as well as the lowest July from…
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Harsher rules to stop energy firms greenwashing will be set

Harsher rules to stop energy firms greenwashing will be set: The government is allegedly deliberating putting new rules in place to further halt greenwashing arising from energy businesses. As reported from The Telegraph, the new government restraint will focus on energy deals that are not as green as they declare to be. The report alleges…
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Hub Energy reports it has folded

Hub Energy reports it has folded: Gas & electricity supplier Hub Energy has revealed it stopped trading. The communication is predicted to involve about 6,000 domestic as well as 9,000 non-domestic consumers. The firm stated: “Customers need not worry, their supplies are secure & domestic credit balances are protected.” Covered by Ofgem’s security net, the…
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Smart meters doubled in last 12 months

Smart meters doubled in last 12 months: The amount of smart meters linked to the Data Communications Company (DCC)’s network increased twofold in the last year. That’s as claimed by the firm’s annual report, that concludes about 6.7 million smart meters are currently joined to its network. The study indicates that smart meters are helping…
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‘I’m worried about my energy bills!’

‘I’m worried about my energy bills!’ Recent reports claim that approximately 40% of the British public are anxious when it comes to energy bill payments. According to the latest figures published in the BEIS Public Attitudes Tracker, the number of billpayers has increased by another 4% since March 2020. Since last March, an estimated quarter…
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British Utilities - Union Flag

British Gas report attainment of Nabuh Energy

British Gas report attainment of Nabuh Energy: British Gas has announced the acquisition of Nabuh Energy. By the end of April, The Sheffield situated energy supplier will become a part of the British Gas Energy firm. Around 36,000 Nabuh Energy customers will be reached in the approaching days concerning the switch. Group Chief Executive at…
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British Utilities - Union Flag

In February 2021 energy switching saw an 18% decrease

In February 2021 energy switching saw an 18% decrease: Compared to the same period February 2020, an 18% decrease in energy switching occured in February 2021. Figures imply that 457,447 customers moved to a new supplier in the last month, this is according to Energy UK’s figures. As of February 2020 it is compared to…
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