Tagged with 'EnergyUK'

£1m subsidised to energy companies from the taxpayer

The storms that hit the South of England last week left half a million homes without power, and a load of wind-produced energy which was deemed surplus to the needs of the national power grid. This meant up to a £1 million windfall was paid to the big six energy companies from the taxpayer’s pocket.

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Will more freedom to switch energy supplier help?

For many households across Britain, switching energy suppliers can seem like a daunting task. Last week, Energy Minister Ed Davey indicated that he wanted consumers to be able to switch energy suppliers in the space of a single day. Though desirable, is this actually a viable possibility?

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A whistleblower has revealed £20m British Gas profits from overestimated bills

‘Estimated bills’ have long since been the standard way of charging customers for their energy usage. It makes sense for the big energy companies to overcharge rather than undercharge to cover their costs (much like the tax man when you have an incorrect code) and then redress the balance later and credit your account. But what happens to those customers who switch suppliers? Change address? Cannot be reached?

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Ed Davey speaks out on latest price hike

Scottish Power are the latest company to to increase their energy prices following in the footsteps of British Gas, SSE and Npower who announced their price increases last week. Scottish Power have announced that gas and electricity prices are to be upped by around 9% in December - right at the start of Britain’s cold snap. Energy Secretary Ed Davey has this afternoon expressed great surprise in the wake of the price hikes.

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Subsidy worries and energy price hikes are creating big questions surrounding nuclear power

Prime Minister David Cameron recently declared the Hinkley nuclear power plant a “a landmark in our economic growth plan”. While questions have been piling up thick and fast over the environmental concerns surrounding the £16 billion project at Hinkley, we should take a moment to reflect on the economic implications. While it’s certain to create employment opportunities and provide around 5 - 7% of the country’s energy needs, it seems the Government is reluctant to be forthcoming with actual financial figures and plans for the future.

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Unusual ways to make and save energy

If you thought that you had already tried every way you can think of to save energy in your home, you should spare a thought for those innovators who are coming up with fresh ideas all the time. Some of these wacky ideas, might just become mainstream and help us all to save energy or to even make our own.

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The Renewable Industry Creates Employment Opportunities

When these figures are broken down it shows that there are more than 6,000 people employed in off-shore wind alone (more than double the number in 2010) and 90% of those employed in these industries are UK citizens. Perhaps not so positive is the fact that just one fifth of these workers are women.

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Is nuclear power really such a bad idea?

For anyone who lived through the cold war days of the 80's and had nuclear bomb drills (as if getting under your school desk would really make a difference...), the thought of nuclear anything being a good idea is pretty much a scary thought. But maybe it really is time to rethink nuclear power – because that is what the Liberal Democrats seem to be doing.

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