Centrica, British Gas’ Spanish parent company, has announced that it will be launching a new unit dedicated to the funding and ‘incubating’ of energy related tech start-ups.
Less than two weeks after Ofgem issued a statement explaining that energy suppliers had no obvious reason to raise their energy prices over coming months, Npower has announced that their dual fuel customers will see bill increase by an average of almost 10% from March.
Fischer Energy is launching a new, streamlined and totally renewable service available to UK households in response to perceived over-complexity and inequality in the current market.
Small energy provider Green Energy UK has launched a new tariff, purporting to be the first of its kind, offering households electricity at different prices based on the time of day at which it is consumed.
A report published by home services company Homeshift shows the extent of the problem of fuel poverty in the UK, despite the government having pledged back in 2000 to put an end to it by this year.
Andrew Wright, an Ofgem senior partner, has warned that the transition towards a more renewable energy mix nationwide may mean the introduction of a tiered system whereby households pay extra for a more reliable energy supply.