ANOTHER small energy firm has gone bust, leaving 38,000 customers without a gas and electricity provider. Our Power, which launched in 2016 as an ethical, non-profit supplier, is the latest in a string of small providers to cease trading. Regulator Ofgem said the energy supply to the group's thousands of customers will not be affected and prepayment meters can be topped up as normal. Last year saw six small energy firms fail - Extra Energy, Spark Energy, Future Energy, National Gas and Power, Iresa Energy, Gen4U, Usio Energy, One Select and Economy Energy. If you're in credit, don't worry because your balance will be protected and the watchdog is already in the process of choosing a new supplier to take on Our Power's customer base "as quickly as possible". Customers in debt may still need to repay what they owe to the new supplier - it all depends on the deal agreed by Ofgem. Is it safe to switch to a small energy provider?FED-UP with sky high energy prices and poor customer service … [Read more...] about Our Power goes bust leaving 38,000 customers without a gas or electricity provider
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YEREVAN, NOVEMBER 10, ARMENPRESS. New thermal power plant with a 250 MW capacity will be constructed in Yerevan within 26 months, acting deputy prime minister of Armenia Tigran Avinyan said, reports Armenpress. “This is a joint program with the famous Italian Renco S.p.A., one more famous Italian state company, as well as the German Siemens, as a result of which we will have a thermal power station which will be the most effective among the currently operating stations and will provide us an electricity with the cheapest price”, Avinyan said. Acting minister of energy infrastructures and natural resources Garegin Baghramyan said after the last upgrading of Yerevan’s thermal power plant, its useful operating rate has somehow increased, comprising nearly 49%. “The useful operating rate of the new power station will comprise about 53%”, he said. The current investment program has also been discussed under the previous government, and the new government made a … [Read more...] about 250MW thermal power plant providing the cheapest electricity to be built in Yerevan
Co-operative Energy is raising gas and electricity prices by 5.2% for customers on its standard variable tariff from August 20, it has announced. This will add an average of £61 to the bills of 128,000 households. A spokesman for the supplier said: "As the largest member-owned energy supplier in the UK, our customers are at the heart of everything we do. "That is why we do our best to protect them from price fluctuations wherever possible. "For that reason, we were the first major energy supplier to automatically move customers on to a new fixed-price default tariff rather than our variable tariffs, and why we have sought to absorb the significant increases in wholesale energy costs this year. "However, this is not sustainable indefinitely and we have therefore reluctantly taken the decision to pass on some of these costs to customers on our Green Pioneer tariff from August 20." The price rise also hits former GB Energy customers on standard variable tariffs, as these were … [Read more...] about Co-operative Energy raises gas and electricity prices 5.2%
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
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?