Latest news
The “Big Six” face Ofgem investigation
The energy watchdog, Ofgem has brought in forensic accountants from BDO to investigate if the Big Six energy suppliers have underestimated accurately their profit margins in order to justify higher prices.
read more... 22/08/2011
British Gas to stop its doorstep selling practice for three months
British Gas announced an end to doorstep selling after an influential committee of MPs and consumer groups blamed that the practice puts pressure on people into switching suppliers.
read more... 15/08/2011
E.ON increases its bills despite a drop in gas costs
Despite a drop in gas wholesale prices, which hit the lowest level this year, E.ON became the last of the six energy suppliers to boost the bills for the consumers by 18% for gas and 11.4% for electricity from September, copying the earlier decision of British Gas, Scottish Power and Scottish & Southern.
read more... 08/08/2011
Good Energy makes power prices more accessible
While the main energy companies in the UK, known as 'big six' will raise its prices for electricity across the board, one of the smaller energy suppliers, called Good Energy, has pledged to hold electricity prices unchanged until at least 2012.
read more... 05/08/2011
Nabucco consortium sees 2011 as a key year for final investments decisions
According to an official representative of the Nabucco project, the consortium expects to make a final decision on investing in the project by late 2011, the most important step in the project implementation remains is negotiating with potential gas suppliers.
read more... 20/04/2011