January 31, 2007
Scottish and Southern Energy, the energy supplier who supplies via the brands Southern Electric, SWALEC, Scottish Hydro Electric and Atlantic Electric and Gas has announced to today that it has written to its seven million domestic customers to confirm that it will cut gas and electricity prices within the next few months.
During the three years of rising wholesale energy prices, like many suppliers Scottish and Southern Energy has passed on to its customers much less than the full extent of the increases and further Scottish and Southern Energy has also delayed any price rises for as long as possible.
The last increase was announced in September 2006 and took effect for existing customers on the 1st January 2007 so this planned reduction will be welcome to those who have just experienced the effect of that increase.
January 19, 2007
80,000 domestic energy customers of Lloyds TSB will see their energy bill increase suddenly as a result of the decision by Lloyds TSB to drop its Ideal from Lloyds service.
Launched in a blaze of publicity back in July 2003, the plan was to supply cheaper gas, electricity and phone services to the bank's customers.
Lloyds TSB teamed up with ScottishPower and Cable & Wireless, promising savings of more than £100 a year.
But due to the ever increasing cost of energy the deals started to become unstuck last year and the bank has apparently spent months negotiating a way out of its commitments.