Major brewer Fuller’s has decided to install smart energy meters in 160 of its managed pubs in a bid to reduce energy consumption. The company will be installing new equipment to monitor electricity and gas consumption, which will provide comprehensive information on when and where energy is used. The new smart electricity and gas meters will also provide the company … Read More
British Gas announces largest ever increase in energy prices
The energy giant will raise its gas prices by 35 per cent and electricity by 9 per cent in order to deal with spiralling wholesale costs. Centrica, the owner of British Gas blames the rises on “soaring wholesale energy prices” of over 90p/therm for gas in comparison with only 48p at the same time last year. It announced at the … Read More
‘Fix your energy prices now’ says well-known financial expert
Following the recent hikes in energy prices, moneysavingexpert.com‘s Martin Lewis has advised consumers to ‘Cap now’ to avoid any further rises in the near future. The self-proclaimed advocate of “consumer revenge” has said that the other suppliers will all follow the lead of EDF Energy, who raised prices by around 20% at the start of last week. According to Mr. … Read More
‘No signs of collusion’ in UK electricity and gas markets
A report published by the Business and Enterprise Select Committee has ruled out price fixing, but insists there are other real problems in the UK’s energy markets. Since the double digit price rises at the start of the year there has been much speculation over how the ‘Big Six’ energy suppliers set their prices. The ‘Big Six’ suppliers are British … Read More