Ofgem fines SSE £2m over disclosure breach

The gas and electricity regulator says the company has delayed publishing information which could have had a ‘significant effect’ on wholesale electricity prices

Price cap: Energy bills to fall for 15m households from April

A total of 11m homes on standard variable tariffs will see a reduction of £17 a year

Scots vote stocks wobble may rumble power prices – DMR

Any moves in financial markets today as Scottish voters go to the referendum polls could trickle through to short term power prices, suggested analysts. Presenting npower’s Daily Market Report, Ben Spry, Optimisation Desk Manager said: “Obviously we’ve got the Scottish independence vote going on, that’s going to cause a little bit of volatility I’d expect in currency and […]

Has THE definitive power price listing arrived?

Is the end finally nigh for politicians getting confused by whether power prices rising or falling? Publishers of a new list of average wholesale prices in the UK certainly think so. Members of the public and energy users alike can check on prices in the index going back to 2011. All the information has been […]

Theories of harm – energy market investigation set out

It’s a phrase that could be the name of a Hollywood summer blockbuster – but “theories of harm” is actually a set of situations which could reveal there is anti-competitive behaviour in the energy market. It’s a first step in the two-year review prompted after months of headlines about rising energy tariffs despite wholesale gas prices […]

Should businesses cash in as UK energy prices crash?

Energy prices have seen a mini-crash this winter and customers can cash in on some of the lowest gas and electricity deals for years by renewing fixed contracts now, according to business energy broker ENER-G Procurement. Mark Alston, Director of ENER-G Procurement said: “Gas and electricity prices currently quoted for March 2014 have dropped by nearly […]