Eight British energy companies have now gone bust this year hitting more than 700,000 people. The latest to collapse was One Select, which went went out of business on Monday morning, just days after being named worst for customer service in a Citizens Advice poll. The gas and electricity supplier lasted less than two years and joins a shaming list of small firms that have failed to make the grade in the last few months. Victoria Arrington from switching service Energyhelpline said: “Today’s news about One Select shows once again that the energy industry is in crisis. It is the eights supplier that has gone bust this year." The company had 36,000 customers who will now have to wait and see who their new supplier will be. The list of shame of gas and electricity companies that have collapsed in 2018 includes Spark Energy, Extra Energy, Future Energy, National Gas and Power, Iresa Energy, Gen4U and Usio Energy. And it's a list we can expect to get longer. "Suppliers are … [Read more...] about Energy industry is “in crisis” after 8th supplier goes bust in a year
Energy providers list
14 ways to cut your energy bills
There are still 14 weeks to go until winter officially starts. The nights may be getting longer, the house spiders may be getting braver but the official astronomical winter season begins on the 21 December. Of course, energy bills are going to start climbing sooner than that because it’s already getting chilly. In many homes the debate about when to turn the heating on is already in full swing. As well as the cold, many people are seeing their prices begin to rise. Earlier this week, Bulb Energy announced it was raising prices again, marking the 41st price increase announced by an energy firm this year alone. A typical annual bill from the company is now £102 extra a year. Whoever your supplier, though, there are ways to seriously cut the cost of energy. With 14 weeks to go until winter, here are 14 ways to bring the bills down. (Yes, we know that the meteorological season begins on 1 December but then we would only have had 11 ways to save and we felt we could do … [Read more...] about 14 ways to cut your energy bills
Households overpaying on energy to the tune of £4 billion a year
Households across the UK are overpaying on their energy bills to the tune of £4 billion each year, according to new analysis. Research has found that 12 million families are on standard variable tariffs with the Big Six energy suppliers, and overpay by an average of £350 a year. Families in the South East and East of England are overpaying by the most, according to the analysis by energy supplier Bulb. The Government is introducing an energy price cap to protect consumers on the most expensive energy tariffs. The Domestic Gas and Electricity (Tariff Cap) Bill will put in place a requirement on Ofgem to cap standard variable and default energy tariffs until at least 2020 to tackle the amount consumers have been overpaying the Big Six energy suppliers. However, millions of households are still facing higher energy bills this summer as providers raise prices. E.ON, British Gas, SSE, Npower, EDF, ScottishPower and Bulb have all hiked energy prices, blaming wholesale energy costs … [Read more...] about Households overpaying on energy to the tune of £4 billion a year
Intelligent Energy at forefront of clean power revolution
It’s not often that a negative turns out to be a positive, writes Justine Halifax. But that is the outcome of the de-listing of revolutionary energy fuel cell business Intelligent Energy, according to its new interim chief executive Alistair Ball. It de-listed at the end of last year, after a torrid few years trading, during which time it axed 200 jobs globally. The move was attributed to the company, which has been headquartered at the Loughborough Science and Enterprise Park since 2010, being unable to commercialise its new, clean energy technology quickly enough. In a nutshell, the business develops hydrogen fuel cells which can power anything from power mopeds and cars to radio transmitters and phones. The by-product is water. Estimated revenues for the year to the end of last September were given as £21 million in comparison to £92 million the previous year and it was announced the firm’s assets were being sold off in the face of an “uncertain … [Read more...] about Intelligent Energy at forefront of clean power revolution
Ham&High letters: Community Energy Fortnight, vehicle emmissions, Kenwood, Airbus, Hampstead Heath, EU citizens and Brexit
PUBLISHED: 08:30 30 June 2018 Workmen installing solar panels similar to those on Muswell Hill Methodist Church. Picture: SIMON BURT/PA WIRE PA Wire/Press Association Images Letters, contributions and comments sent in from Ham&High readers this week. Celebrating our energy volunteers Dr Joanna Macrae, Leighton Road, Kentish Town, writes: Amidst the gloomy news about pollution in London and uncertainty about climate change, there is some hope! Friday marked the beginning of Community Energy Fortnight, a celebration of the work of hundreds of volunteers around the country, including Power Up North London (PUNL) that has projects in Camden and Islington. Crowdsourcing funding from local neighbourhoods, we are contributing to London’s green infrastructure, installing solar panels on churches, city farms, in parks and GP practices. Since being installed last year, the solar panels installed on PUNL’s first project at St Anne’s Church, Highgate, has saved more … [Read more...] about Ham&High letters: Community Energy Fortnight, vehicle emmissions, Kenwood, Airbus, Hampstead Heath, EU citizens and Brexit