Delayed energy price cuts “an empty gesture”

Energy suppliers’ decision to delay their price reductions for up to three months will cost consumers an estimated £47mn, according to research by Citizens Advice. The organisation’s analysis, published on Wednesday 11 February, noted that E.ON UK was the only large supplier whose price cut had taken immediate effect, and that by contrast SSE customers would have to wait until 30 April before...
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Suppliers must tell customers if their cheapest deal is marketed under a different brand says Ofgem

Ofgem has set out final proposals for regulating suppliers who sell energy using white labels in the domestic energy market. From July, suppliers will have to be more transparent and tell customers what their cheapest tariff is regardless of the brand they use. These white labels operate under such brands as Sainsbury’s and M & S and have provided a loyal source of business for the energy...
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Switching levels back to normal in January

More than 211,000 households switched their electricity supplier in January––36% lower than the number that switched a month earlier––according to figures from Energy UK, with Small suppliers gained a net 56,000 new customers. The organisation’s monthly switching update, published on 11 February, confirmed that switching levels last month were down sharply on those recorded in November and...
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Utilitrack at the launch of the Cambridge Cleantech Manifesto

 The joint manifesto of Cambridge Cleantech and the University of Cambridge Centre for Climate Change Mitigation Research was launched in the Palace of Westminster last week. Leading advocates from the world of Cleantech, a sector of business that contributes approximately £52bn per year in sales of goods and services, were in attendance. The event was opened by Hugh Parnell, Chairman, Cambridge...
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EDF Energy price drop

Cornwall Energy has reported EDF Energy will reduce its standard variable gas price by 1.3% from 11 February, the company announced on Tuesday 27 January. It said that the size of the cut that it was able to offer had been limited by its hedging strategy and the fact that its customers already benefited from low standard prices. Beatrice Bigois, the company’s managing director of customers,...
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New roll over options and how Utilitrack can help

Utilitrack, in its partnership with BedfordBID, helped increased numbers of levy payers to reduce their running costs in 2014. From long standing members of Bedford like Michael R Peters and John Bull to brand new additions to the town such as IZ café in Allhallows, we’ve helped them all to simplify the complexity of the UK energy market.   The topic of energy will remain in the news for a...
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