energy bills

August 10, 2022

Sunak pledges further support for energy bills using established framework

Conservative leadership candidate Rishi Sunak has pledged to provide additional support for families if elected in September, as predictions for the price cap jumped again this week to pass £4,200.

In total the Demand Flexibility Service tests have procured over 1.5GWh of capacity. Image: Getty.

August 5, 2022

Businesses could see energy bills increase fivefold from October, warns Cornwall Insight

Some businesses will face energy bills five times higher than they’re currently paying from October, according to new analysis from Cornwall Insight.

ECIU estimates that each onshore wind farm can produce 9MW for each square kilometre of space. Image: Pxfuel.

August 5, 2022

Wind farms to pay back £25 to each household through CfD scheme, finds ECIU

Wind farms paying back through the Contracts for Difference (CfD) scheme due to high power prices could now pay back £25 to each household from this October.

August 3, 2022

Octopus Energy looks to repower 1,000 onshore wind turbines

Octopus Energy is looking to lower bills by adding capacity to around a tenth of the UK’s onshore wind turbines through a repowering programme thanks to a new partnership with turbine manufacturer EWT.

Air source heat pumps could result in significant savings on energy bills. Image: David Bebber.

July 20, 2022

Solar, heat pumps and EV chargers can save homes £1,800 on energy costs, report finds

Low carbon technologies such as solar panels, EV chargers and heat pumps could save UK households more than £1,800 a year on their energy bills, new analysis has revealed.

The speech was shown at Aurora's Spring Forum in Oxford. Image: Solar Media/Molly Lempriere.

July 15, 2022

Role of gas in setting consumer bills is ‘problem that needs to be addressed,’ says Kwarteng

Consumer bills still being set by marginal gas prices is a “problem that needs to be addressed,” said business and energy secretary Kwasi Kwarteng.

June 22, 2022

Ofgem’s approach to licensing allowed market that was vulnerable to large-scale shocks, finds NAO

Ofgem’s approach to licensing and monitoring increased the risk of supplier failures, a new report from the National Audit Office (NAO) has found.

June 22, 2022

Default Tariff Cap to hit nearly £3,000 over winter as geopolitical barriers show ‘no sign of abating’

Energy bills could rise to nearly £3,000 over the upcoming winter period, according to Cornwall Insight’s latest prediction.

June 13, 2022

Government could decouple wholesale gas and power prices in 'urgent' market reforms

The government could potentially decouple energy bills from wholesale gas and electricity prices, as it eyes electricity market reform.

June 6, 2022

Low-carbon tech to remove household energy bills in Octopus Energy, ilke Homes scheme

A mix of low-carbon technologies such as solar, battery storage and air source heat pumps are to be rolled out in a new partnership between Octopus Energy and ilke Homes.

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