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.
British Gas has been ordered to pay a penalty fine worth £9.5 million following several complaints from its business customers relating to billing issues.
British Gas and E.On have become the third and fourth suppliers to announce that they will be freezing prices on their standard tariffs for the duration of this Winter.
Independent research has shown that over the past month, five of the UK’s Big Six energy providers have increased prices for their cheapest tariffs by more than 15%.
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