Centrica, the owner of British Gas, is expected to lose £70m in the first quarter of 2019. They say the new cap on energy bills, which will come into effect on 1 January, is to blame. Continue Reading
Energy giant British Gas has been fined £2.65 million by the regulator Ofgem for a variety of misdeeds and illegal practices. Continue Reading
Energy supplier British Gas has announced that it is going to increase prices for up to 3 and a half million customers by 3.8%. Continue Reading
Centrica, the owner of British Gas, announced that it lost a combined total of 110,000 gas and electricity accounts over the course of the first four months this year. Continue Reading
British Gas customers set for a 5.5% increase from the 29th of May in household bills which will raise the average yearly cost of energy to £1,161 for your average dual fuel consumer. Continue Reading
British gas has announced they will be scrapping their standard variable tariffs (SVTs) in a move they claim will lower the average bill for their customers, most of whom are on standard tariffs.
Energy companies have received a warning from the government that they could still legislate a price cap following British Gas’s announcement of a 12.5% increase in electricity prices.
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British Gas, a subsidiary of Centrica and one of the UK’s Big Six energy providers, announced its plans to impose an electricity price hike on September 15th of this year. The 12.5% increase will soon affect an estimated 3.1 million customers.
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Following a spate of price hikes from big six energy suppliers, the government has announced that they will be taking “muscular” action to protect consumers.
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.
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