Everything is nearly complete and your moving date is in sight, after frantically packing up your belongings, sorting out your final bills and booking removal men is there anything else that you haven’t thought of?
Smart Energy GB’s plan aims to install digital energy ‘smart meters’ in every home in the UK by the year 2020. However, worries about the government’s ability to run the program cause company in charge to call for private sector input before the nationwide roll-out of smart energy meters begins.
Recent findings have revealed that only one in ten people consider a properties energy rating when hunting for a new home, a poor energy rating could end up costing you thousands of pounds extra per year in household bills.
The independent energy provider First Utility have argued that all energy suppliers should be compelled to do away with standard variable tariffs. At present, of all the customers with the big six energy firms, just below 70% of them are on this type of tariff and are therefore being overcharged £235 per annum.
UK Consumer Prices Index Inflation went down to 0.3% in January 2015, the lowest rate it has been at since the Office for National Statistics began gathering the data in 1989. This means it has fallen by 0.2% since December of last year. The figures are concomitant with the Bank of England forecasting that the UK is heading for deflation in the spring.
E.ON, one of Britain’s ‘big six’ energy suppliers, announced it is reducing its average gas prices by 3.5%, amid falling oil and wholesale gas prices, making it the first top energy supplier to cut its gas prices.
Following recent findings, Energy UK (trade association for the energy industry) have launched a campaign to target British Gas, EDF Energy, E.ON, npower, Scottish Power and SSE in a bid to get the frozen cash back to those from whom it has been withheld.