energy costs

With electricity costs more than double those of competitors in France and Spain, the British steel industry needs government help to survive.

Octopus Energy has partnered with Tesla to integrate its Powerwall technology into the Kraken platform and reduce energy costs for customers.

According to new data released by the UK Government, nearly £40 billion has been spent mitigating the impact of rising energy bills on households and business throughout winter.

The energy crisis could expose energy suppliers to around £1.9 billion of debt, much of which would be unrecoverable, according to a new report ​from Cornwall Insight and Complete Strategy.

The Confederation of British Industry (CBI) has urged the government to extend the Energy Bill Relief Scheme beyond March 2023 for high energy users to prevent plunging British industry into disarray.

Octopus Energy has confirmed its second “Saving Sessions” trial saw customers reduce their energy demand by a collective 112MW.

Ofgem has made a statement calling on energy suppliers to ensure non-domestic customers are being supported and not taken advantage of amid the energy crisis.

Policy Exchange has stated that when the Energy Price Guarantee ends, it will be “impossible” to return to old billing practices of volumetric prices caps.

Electricity North West has unveiled that over £10 million has been made available in order to facilitate the creation of a gigawatt of flexibility from 2023-28 across 30 locations in the North West.

The UK Government’s Energy Price Guarantee has launched in Northern Ireland this month reducing bills by up to 20p/kWh for electricity and 4.8p/kWh for gas.