Small suppliers go big in business energy market

A new report finds the collective gas market share by non-large suppliers has grown from 17.0% in October 2005 to 56.2% in October 2020

E.ON’s UK sales and profits fall

Energy supplier E.ON UK revealed today both its sales and profits fell over the first half of 2014. While sales turnover was £4,368 million in the first six months of 2013, this year that slid by £488 million to £3,946 million. Profits also fell from £273 million last year to £188 million in the same […]

Suppliers rush to drop energy bills after policy change

British Gas, SSE, ScottishPower and npower today indicated they will drop their domestic energy bills on the back of changes to government policy. DECC is swapping the cost of insulating poor households – the social and environmental levy ECO – from energy bills to general taxes and spreading this cost over a longer period of […]

E.ON ditches cold calls to home energy users

Everyone dreads a phone call from an unknown number – and now homeowners can breathe a sigh of relief as energy supplier E.ON is ditching cold calls to them. The company confirmed on Friday it will stop all unsolicited residential telephone sales calls. As of today (19 August 2013), E.ON will only get in touch […]

“Reality dawns” as coal plant closes

The chief of E.ON UK said that “reality dawns” now for all in the energy sector as it closes its Kingsnorth coal power station to fall in line with EU rules on emissions. The power station stopped generating energy commercially at 3.10pm yesterday and will formally close by 31 March 2013 under the EU’s Large […]

London offshore wind farm begins producing power

The first power from what will be the world’s largest offshore wind farm has been produced, it was announced yesterday. Located in the Thames Estuary around 20km off the coasts of Kent and Essex, the 630MW London Array farm has been under construction since March 2011. It is owned by Danish energy supplier DONG Energy, German […]

E.ON’s Sara Vaughan talks rebuilding trust

E.ON UK’s Director of Strategy & Regulation Sara Vaughan explains how she’ll be talking about rebuilding trust in the UK energy sector at Energy Live 2012.

E.ON group sees “extraordinary” earning rise

E.ON saw an “extraordinary” jump in earnings in the first half of 2012 of more than two billion euros before tax. The German parent company of energy supplier E.ON UK announced it expects its group EBITDA to be around €6.7 billion (£5.3bn), up more than a fifth from €4.3 billion (£3.4bn) the year before. It […]

E.ON announces weakened profits

Big Six energy firm E.ON has said its retail business profits are down 7.6% from the previous year. The power company, which supplies electricity and gas to 4.8 million homes reported profits of £304 million in the UK. The lower earnings came despite E.ON hiking its electricity bills by 11.4% and gas prices by 18.1% […]