Energy Bills

70% of Big 6 energy customers are still on the more expensive tariff

The CMA (Competitions and Markets Authority) has set out proposals to reform the energy market, open up competition and help customers get a better deal. Although competition has benefited those customers who have switched to competitively priced fixed-term deals, around 70% of the domestic customers of the 6 largest energy firms are still on the […]

Read More

British Gas is cutting gas prices by 5%

British Gas is cutting household gas prices by 5%, which will knock an average £35 off energy bills . This second gas price reduction in six months will bring the average total saving to £72 for British Gas customers The price cut takes effect from 27 August, benefiting 6.9 million British Gas customers on Standard and Fix […]

Read More

Millions of people are paying too much for their energy

A new report has found that “millions” of people are paying too much for their energy. The CMA – Competitions and Markets authority – has published its provisional findings after a year-long investigation into the energy market. Key findings: The average household currently spends about £1,200 on energy each year For the poorest 10% of households, […]

Read More

Fall in price strengthens oil benefits

  Latest industry figures show that heating oil prices have fallen even further, with oil now 13% cheaper than mains gas to heat the average home. According to the Sutherland Tables, a recognised independent source of data on comparative UK domestic heating prices, oil is now by far the cheapest of all the major heating […]

Read More

Loyal energy customers are worse off

Customers who don’t switch their energy tariffs are paying hundreds more for their dual-fuel bills. An update from the Competition and Markets Authority, shows that loyal customers are paying an extra £234 a year than those who switch. The report also says that from 2012 to 2014, 95% of energy customers on a dual-fuel tariff […]

Read More

Form not found, form id :279