The march of renewable power tariffs into the mainstream has continued this week, as energy giant E.ON announced it is to extend its 100 per cent renewables-backed electricity supply to eligible small business customers around the UK at no extra cost. The move sees the company commit to sourcing electricity matched with wind, solar, and other renewables sources for 100,000 or more small businesses over the next 12 months.
Business Green 21st Jan 2020 read more »
Energy switching hit a record high last year, with a dozen people changing supplier every minute, according to latest industry figures. The data from Energy UK shows that 6.4 million households switched their electricity supplier last year, a 9 per cent increase on 2018 and the fifth consecutive annual increase. Switching rates have more than doubled since 2014. The figures defied predictions that the government’s price cap on standard tariffs, introduced at the start of last year, would deter shopping around. Even Ofgem, the energy regulator, had estimated that the cap was likely to lead to a 30 per cent fall in switching if prices converged. Many suppliers undercut the price cap, however, with cut-price suppliers, such as Bulb and Octopus, enjoying rapid growth.
Times 22nd Jan 2020 read more »