npower announces it will raise energy prices – weeks after being told not to by OFGEM

npower has announced it will raise its energy prices, just weeks after OFGEM warned the Big 6 energy companies about doing exactly that. A typical dual fuel annual energy bill will increase by on average 9.8% or £109, which is made up of a average rise of 4.8% on gas and 15% on electricity. The new […]

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First ever Fuel Bank opens in Scotland so people don't have to choose between ‘heating and eating’

The Trussell Trust and energy supplier npower have launched the first ever Fuel Bank in Scotland. Based at Glasgow’s South East Foodbank, the scheme gives foodbank users with pre-payment meters, vouchers for gas or electricity, so they do not have to choose between ‘heating and eating’. Because the scheme gives people around two weeks’ worth […]

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npower cutting 2,400 jobs after £99m loss in 2015

Big 6 energy supplier npower is cutting 2,400 jobs as part of a recovery plan, following a £99m loss in 2015. In a statement on its website, npower said: “npower posted a full-year loss of £99m, compared to a profit of £183m for the previous 12 months.This reflected the continued impact of issues noted in the nine […]

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npower announces an average 5.1% cut on annual gas bill

npower has announced an average 5.1% or £35 average annual reduction to its standard domestic gas tariff. This will be effective from Monday 16 February. This is the largest percentage price cut by any major energy supplier announced recently. The reduction means that on average the annual standard npower domestic gas tariff is now £667 per […]

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