January 12, 2005
Age Concern Energy, the partnership between Age Concern and Powergen has announced an increase in energy prices.
This latest increase is effective for new customers with effect from the 5th January 2005.
This is the third major supplier increase announced in 2005 and although this will not effect existing Powergen Age Concern customers at this time it is a timely reminder that the predictions of sharp increases in energy prices during 2005 are fast becoming a reality.
Energylinx would encourage all domestic energy consumers to check whether or not they have the best supplier for their home using one of the free calculators at the foot of this note.
January 10, 2005
Consumers urged to be Energy Smart by industry watchdog
The cost of heating our homes is rising, which is prompting fears that many less well off households could be thrown into fuel poverty this winter. Gas and electricity price rises at the end of last year resulted in calls to energywatch, the independent watchdog for the gas and electricity industries, rising by 40% in one day and now the organisation is urging people to make the changes that will save them money and energy - welcome news indeed to many low income households following the festive period.
Approximately 50% of consumers have never switched supplier which means they may be paying up to £100 per year more for their gas and electricity. Prepayment consumers could save up to £50 a year if they switched to paying by direct debit. Consumers who pay by cash/cheque can save up to £20 per year.
January 8, 2005
EDF Energy has announced an increase to their standard gas and electricity prices across all three brands, London Energy, SWEB Energy and Seeboard Energy. The latest price increase takes effect from January 17. The average price increase for domestic customers on one of their standard tariffs is 5.4 per cent for electricity and 8.1 per cent for gas
Vincent de Rivaz, Chief Executive of EDF Energy, said: World Energy prices continue to drive up our costs. Our industry has talked about what it can do to help ease the impact of rising prices of those most in need. The time for talking is over, action is required and EDF Energy has decided to take the lead on this.
In parallel, EDF Energy is offering to suspend the price increase until at least 31 March 2006 for its 250,000 customers most in need and have introduced a capped rate tariff, available for an average premium of 50 pence per week. This capped rate is open to the first 100,000 residential customers who apply before the end of March and will result in their tariff being capped until 31st March 2007.
January 6, 2005
ScottishPower has announced an increase in their online domestic electricity and gas prices, effective for existing customers from the 10th January 2005.
New customers had already seen the price of the ScottishPower online tariff increase with effect from the 7th December 2004.
ScottishPower have said in their latest notice to existing customers, "Unfortunately, the pressure on wholesale energy costs has not decreased sufficiently to allow us to retain your current online prices - because of this, a price increase has become necessary."