The energy comparison website industry is a ‘parasite market’ that adds £100million a year to the gas and electricity bills paid by households who rarely even switch to the best deals, research by academics has concluded. A University of Leeds study has discovered that energy suppliers typically hand over at least £25 in commission to … Read more
Those who fail to switch energy supplier could be unwittingly adding hundreds of pounds to annual bills. But moving suppliers doesn’t have to be a hassle. Below we explain how to search for the right deal for you, which providers offer the cheapest rates and what switching involves. If you’ve never switched supplier, you could … Read more
SSE have come under fire for ‘threatening’ an elderly customer with excessive energy bills – despite the fact she has dementia and her son looks after her finances. Andrew J, who does not wish to be fully named, from Swindon, has voiced his frustration at the energy firm, after it continually sent estimated bills to … Read more
Last week, I saw a quote suggesting Britain is seeing a ‘polo mint’ effect – that is, city centres hollowing out and periphery towns buzzing with activity. This is where office workers have been remote working from home in the pandemic and since lockdown eased, are spending more money in local shops, cafes, restaurants, pubs … Read more
Experts predict Ofgem will drop the price cap limit by £85 when it reveals the new level tomorrow. Currently, the price cap limit is £1,127 for those on standard variable tariffs and £1,164 for customers with prepayment meters. The new cost for both meters will be revealed tomorrow with expectations it will reduce to around … Read more
Hundreds of thousands of households will be eligible for £5,000 vouchers under the Government’s new home improvement scheme, new details have revealed. The £2billion Green Homes Grant, revealed in Chancellor Rishi Sunak’s mini-budget last month, aims to help households become more energy efficient. The scheme will allow homeowners and landlords to apply for a voucher … Read more
Smart electrical appliances, easily repairable household gadgets and greener ovens are set to become the new standard in energy efficiency, This is Money can exclusively reveal. The Government is exploring new standards for efficiency in electrical and gas products, it said, with the aim of helping the environment and saving households money. The considerations are … Read more
A small energy firm has launched an electric vehicle and home tariff that gives customers separate rates for charging their car and what they use in the home. Claiming to be the first of its kind, the Home and Smart EV bundle is from Tonik Energy and it says it is the UK’s lowest priced … Read more
Top of the agenda for many big firms across Britain and the world in recent years is to find ways to help reduce their environmental footprint and become more sustainable. This has been driven by consumer demand for change and warnings over irreversible damage by large companies, who can make small improvements to help that … Read more
Whose crazy idea was my faulty 9ft-high smart meter? I’d need a pogo stick to read it, says furious pensioner 73-year-old Joy Thomas found her smart meter wasn’t working properly She was told she needed to supply the readings herself But because of the poor reception where she lives in Cornwall, the 5 ft tall … Read more