Monthly Archives: May 2011

The co-operative enters the energy market…

The Co-operative has entered the energy market with the official launch of Co-operative Energy.
 
Key features of their product offer include:
 

  • Just one simple tariff.
  • One simple unit price for gas and electricity.
  • No confusing discount structures.
  • No tie-ins.
  • No exit penalties.
  • No preferential treatment of new customers.
  • Twice yearly profit sharing deal for Co-operative Energy customers who own the business.
  •   Continue reading

    Read article

    British Gas warns of higher energy prices…

    Summary
    British Gas is the first supplier to formally warn that higher energy bills are on the way.

    Wholesale Energy Prices Table May 2011

    Wholesale Energy Prices Table May 2011


    Centrica, the owner of the British Gas energy retail brand in the UK is the first energy supplier to send out a clear signal that energy bills are likely to rise later in 2011.
     
    In its Interim Management Statement released today (9 May 2010) the company made the following statements in relation to expected energy bill changes. Continue reading

    Read article

    Energy bills are set to rise again

    Energy bills are set to rise again
     
    British Gas has sent out a clear warning that energy prices are likely to rise again later this year. In a statement to the City it said that “the forward wholesale prices of gas and power for delivery in winter 2011/12 are currently around 25% higher than prices last winter, with end-user prices yet to reflect this higher wholesale market price environment.”
      Continue reading

    Read article