Tagged with 'EnergyUK'

Have the Big Six Profited From Not Passing On Green Levy Savings?

It has been widely reported today that the big six energy companies are set to receive a windfall to the tune of £2 billion because they are not passing on green levy savings to customers. Late last year the Government put a stop to green levy charges after the energy companies blamed them for their price increases, so what's happening now?

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Eight Renewable Energy Projects Receive Government Support

Today it was announced that five offshore wind farms and three biomass plants in the UK would receive Government funding. Collectively the eight developments could provide millions of homes with clean energy, but there is a worry they could lead to a short term increase in energy bills. Should we be celebrating or should we really be concerned...?

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How should the energy industry feel about a competition inquiry?

A full scale competition review of the UK energy market was announced last month and is now under way. It will likely take a great investment of energy and time to get right, and there are many who are gleefully supportive of the long awaited inquiry. But how should the industry itself be feeling about the looming investigation into its biggest players?

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Could We Be Witnessing the Start of an Energy Price War?

At long last it seems the smaller UK energy firms are well positioned to stand up to the "big six", and it could be just what the market needs to balance out. First Utility and Ovo Energy are leading the struggle for smaller companies to get a foothold in the market by making pledges to customers that are simply too good to be ignored.

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Are the Tories planning to limit onshore wind farms?

There's a Conservative plan to limit the number of onshore wind farms in the UK which engineers are warning could have a severely negative impact on energy bills. The warning comes from some of the top engineers in the country, but what are their warnings based on and should we be concerned?

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Energy complaints have tripled in the past year - What does this mean for the industry?

The Energy Ombudsman has revealed the complaints about energy companies have tripled in the past year, discrediting the energy market even further as it faces investigation from the Competition and Markets Authority over the coming months. The bulk of complaints crossed the desk of the Ombudsman in the first three months of 2014, with billing being the primary source of customer frustration.

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UK's Largest Solar Energy Farm to be Built in Lincolnshire

A project to build a solar energy farm the size of around 200 football pitches has been given the green light in Lincolnshire. The farm will contain a staggering 210 solar panels and will be situated in an old RAF base just outside of Lincoln. This will be the largest of its kind in the UK, generating an enormous 50 Megawatts of electricity, enough to power around 12,000 homes without breaking a sweat.

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Energy firms are ordered to pay back £400m from closed accounts

Yesterday, the leading energy companies in the UK (often referred to as the "big six") were ordered to return over £400m worth of credit left in customer accounts after they had switched suppliers or closed their accounts. This huge sum of money has accumulated over the past six years, Ofgem found, and it was only the tip of the iceberg. The energy regulator has called the amount the "bare minimum" owed and that even this figure is "unacceptably large". 3.5 million homes and 300,000 business accounts are thought to be affected...

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