British Gas, the UK’s largest gas supplier, has ’slashed’ it’s gas prices for it’s standard customer by 7%. The price change will save it’s customers a mere £55 a year, but in the world of energy pricing tactics, will allow British Gas to name itself as the “cheapest supplier of standard gas and electricity right [...]
Entries Tagged as ‘Energy prices’
November 10, 2009
Russians blamed for more UK energy price increases
It hasn’t happened yet, but Ofgem are predicting that due to insufficient investment into Russian gas project, the UK is likely to feel of shortage of gas supply – or at the very least, a tightening in supply, a steady demand, which will force prices up.
The stark truth is that nothing can be done. [...]
November 8, 2009
Fixing energy prices: EDF Energy’s nuclear debate
EDF Energy wants the government to introduce, what can be best described as, pricing controls to help ensure the long term viability of new nuclear build.
The debate is remarkably simple. For new nuclear generation to be competitive, other generation sources which use fossil fuels such as coal and gas, need to become [...]
October 19, 2009
Online energy bills in free fall
The news that online energy bills in the UK are £249 cheaper, and falling faster than standard plans should not come as a surprise to anyone who’s been observing the UK energy market for a number of years.
UK energy suppliers will work their marketing extremely intelligently to ensure they are seen to be a competitive player [...]
February 6, 2009
Scottish and Southern Energy drop prices
And then there were two. Scottish and Southern Energy’s (SSE) price drop today of 4% (£32) on gas and 9% (£44) on electricity will be welcomed by it’s customers. Similar to the price drop of British Gas (10% on gas only), the price cut by SSE only affects it’s ’standard’ plan customers.
Some will [...]
February 3, 2009
UK outstrips European energy prices
Headlines like “Gas bills in UK rising faster than elsewhere in western world” and “Britons paying more for food and energy than rest of Europe” are attention grabbing for the UK consumers, who have just come from a year of 40%+ energy price increases.
The OECD (Organisation for Economic Co-operation and Development) has issued it’s regular [...]
January 22, 2009
British Gas 10% price cut
The British Gas price cut of 10% announced today will be seen as a cautionary first step, but an extremely welcomed one by many consumers.
By only impacting gas bills, British Gas still seems to be reflecting some of the concern many have with the volatility of the wholesale market – which we all know eventually [...]
January 5, 2009
Energy price decrease signals
The number is 10%, and both British Gas (British Gas’ 10% discount on standard rates) and ScottishPower (ScottishPower Price Sure product) have shown that this is the guide price they are looking to follow when discounting some of their products.
It is very easy to pass on a price cut on a acquisition product, a lot [...]
November 18, 2008
Further price predictions
There seem to be so many energy price decrease predictions or suggestions that energy price decreases are warranted, that it’s hard to keep up. But you never know, they might eventually talk us into a decrease!
The best comment, not prediction, more of a factual statement came from Nick Horler of ScottishPower. To quote [...]
November 12, 2008
Energy price decrease predictions
It seems that finally the prevailing energy market trading conditions might be moving in favour of the consumer – with a fresh round of price decrease predictions.
Whilst there’s ongoing concern about where the price of oil might eventually escalate to in the longer term, as well as the sustainability of those supplies, it seems that [...]
