In a move that gives Utilita’s 800,000+ customers access to EDF’s range of low-carbon products, the utility has entered into an exclusive structured trading agreement with the UK energy giant.
Cornwall Insight has confirmed that the latest forecasts for the Default Tariff Cap have seen energy bill predictions fall to £3,208 from April 2023 as a result of positive gas storage and demand reductions in Europe.
Cornwall Insight has argued in its latest research paper that smart meters are set to play a vitally important role in securing energy security in the UK.
From the beginning of the wholesale gas crisis to the end of the newly extended Energy Price Guarantee initiative, gas will have added £4,400 to the average household’s energy bill, according to the Energy and Climate Intelligence Unit (ECIU).
“Gas prices are expected to remain high and volatile for the foreseeable future. The forward wholesale gas curve suggests prices will remain significantly elevated into the coming winter period and seasons beyond,” said Sam Peek, senior analyst of assets and infrastructure at Cornwall insight.
Cornwall Insight has identified via the latest Default Tariff Cap forecasts for April to June 2023 that the average consumer is predicted to pay £3,702 from April as opposed to the previously projected £4,255.
GRIDSERVE has penned an open letter to its customers detailing the need to raise the price of its electric vehicle (EV) charging network amid “unprecedented times”.
Uniper is the latest company to reach an agreement with the UK Government to keep a coal-fired power plant online throughout the winter months in order to mitigate the impact of the ongoing energy crisis.
