Oil giant BP has agreed to buy Britain's biggest electric car charging company, Chargemaster. The multi-national oil heavyweight is banking on a major increase in the use of electric cars across the country over the coming years. BP predicts there will be 12 million electric cars on Britain's roads by 2040, a marked increase from the 135,000 in use last year. New era: Oil giant BP has agreed to buy Britain's biggest electric car charger suppliers, Chargemaster London-based BP plans to roll out Chargemaster's charging points across its 1,200-strong network of service stations across the UK over the next 12 months. As a combined force, the group, which will be called BP Chargemaster, plans to roll out an infrastructure network strong enough to keep up with a major increase in demand for electric cars. This will include the roll-out of 'rapid chargers' capable of delivering 100 miles worth of range in 10 minutes. RELATED ARTICLES Previous 1 Next England's … [Read more...] about BP snaps up electric car charger group Chargemaster
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What is it really like to own an electric car?
Brought to you by Adrian Monti New technological developments are making it even easier to own and run an electric vehicle – and now you could even make money off them With more than 145,000 plug-in electric cars in the UK today, the much-heralded revolution on our roads has finally arrived. But what’s it like to be part of this new driving experience? Here Tom Pakenham, OVO Energy’s director of electric vehicles, reveals what you can expect. Are electric vehicles (EV) becoming more popular? More than 47,000 new plug-in electric cars were registered last year in the UK, setting an annual sales record. The UK’s best-selling “pure” plug-in electric car is the Nissan Leaf. Meanwhile the Mitsubishi Outlander PHEV, which is a hybrid vehicle with an electric motor alongside a normal combustion engine, is the country’s biggest-selling plug-in EV. How much are they to buy? They’re more expensive than the equivalent car with a … [Read more...] about What is it really like to own an electric car?
SSE increase electricity & gas bills by 6.7%
Energy company SSE is increasing electricity and gas bills by an average of 6.7%, or £76 a year, seeing prices rise for 2.36 million customers. Price changes at SSE will come into force on July 11, with a 5.7% rise for gas and 7.7% for electricity bills. That adds an average of £1.50 a week to the costs of customers buying both gas and electricity from them. SSE said the price rises were due to an increase in wholesale energy costs, alongside the government's planned introduction of a price cap on energy tariffs. Stephen Forbes, chief commercial officer of SSE Energy Services, said: "We deeply regret having to raise prices and have worked hard to withstand the increasing costs that are largely outside our control by reducing our own internal costs. "However, as we've seen with recent adjustments to Ofgem's price caps, the cost of supplying energy is increasing and this ultimately impacts the prices we're able to offer customers." It follows increases by British Gas, EDF … [Read more...] about SSE increase electricity & gas bills by 6.7%
Who supplies my gas, electricity and water? How to find out who your energy providers are
KEEPING track of your energy bills is hard enough without the stress of moving house. So how can you get the best deal on your energy and find out who your suppliers are? Here’s what you need to know. How can you find out who supplies your gas, water and electricity when you move house? There are a few ways you can find out who your supplier is. If you don’t have a recent bill for your new home, the simplest way to find out is to ask the estate agent or previous owner. However, if the above aren’t possible, there are numbers you can call to check and websites you can visit. MORE ON MONEYLOYALTY MOVE Avios airmiles are changing forever and you don't have long to sign up BOTTLING IT Tesco have tinkered with the lunch time favourite £3 meal deal BILL HIKE Are you affected by the EDF electricity price rises? bill chill British Gas price rise - who owns the company and when will bills increase? HIGH FLYING The lowdown on Airmiles and how they work... top tips and … [Read more...] about Who supplies my gas, electricity and water? How to find out who your energy providers are
Wind and solar overtake nuclear as source of UK electricity for first time ever
More electricity in the UK was produced by wind and solar sources than nuclear power stations for the first time in 2017, according to the latest government figures. Renewables’ share of electricity generation shot up to 29 per cent, while nuclear sources accounted for around 21 per cent. The increase means low carbon energy sources – which include both renewables and nuclear – now account for over half of all electricity generated. Wind had a particularly good year, giving weight to renewable energy leaders who are calling on the government to end its ban on wind power subsidies. Read more Transport becomes most polluting UK sector as emissions drop overall “These official figures confirm that it’s been another record-breaking year for wind energy, which generated 15 per cent of the UK’s electricity in 2017,” said Emma Pinchbeck, executive director of trade body RenewableUK. “The move to a smart, renewables-led energy system … [Read more...] about Wind and solar overtake nuclear as source of UK electricity for first time ever