Green Energy To Cost Consumers £400 Over Next Five Years

Leading campaign group Taxpayers' Alliance has claimed the government's push to use more green energy in order to meet EU targets will cost a total of £22 billion by 2020. The push for green energy is down to EU regulation stating a minimum percentage of 20% of all member states energy must be produced in such a fashion by 2020. The £22 billion in subsidies will be paid by consumers and businesses through their annual energy bills; divided equally, this equates to a figure of £425 per household according to the Taxpayers' Alliance study.

Read more: Green Energy To Cost Consumers £400 Over Next Five Years

EDF Energy Unveils New Fixed Price Energy Tariff

One of the UK's big six energy suppliers EDF Energy has unveiled a new fixed price energy tariff that will freeze both gas and electricity until 2017. The new tariff 'Blue + Price Freeeeze March 2017' follows the launch of nPower's Price Protector March 2017 tariff, however, EDF's plan is cheaper by £1 a year. Both tariffs do not have an exit fee, therefore customers are free to switch to another tariffif a better deal comes onto the market.

Read more: EDF Energy Unveils New Fixed Price Energy Tariff

Four of the UK's Big Six Energy Suppliers To Stop Automatic Rollover Business Contracts

Four of the UK's big six energy suppliers have announced that they will no longer be using automatic rollover business contracts. Scottish Power, E.On, SSE, and Npower have followed the lead of British Gas, who were the first to announce they would be ending the use of automatically renewed business contracts in July.

Read more: Four of the UK's Big Six Energy Suppliers To Stop Automatic Rollover Business Contracts

British Gas Confirms £600m Deal With Smart Meter Provider

British Gas has confirmed it has reached an agreement with smart meter provider Landis+Gyr worth £600 million. The energy supplier will now receive the majority of its 16 million smart meter devices from the firm, creating new jobs at both firms.

Read more: British Gas Confirms £600m Deal With Smart Meter Provider

First Utility Launches Fixed Rate Energy Tariff

Energy supplier First Utility has revealed a new fixed rate tariff 'iSave Fixed v10' which allows homeowners to sign up for fixed prices up until January 2016, with the new tariff being earmarked as the cheapest tariff covering such a timescale.

Read more: First Utility Launches Fixed Rate Energy Tariff

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