Energy firm EDF is raising the price of electricity for the second time this year for customers on standard tariffs.
BBC 12th April 2017 read more »
EDF13th April 2017 read more »
Britain could face gas price spikes next winter after safety problems put the country’s only long-term gas storage site out of action. Rough, an old North Sea gas field was almost empty and would not be replenished this summer due to the risk of leaks in its ageing wells, Centrica, its owner, said. Gas prices for next winter rose more than 1 per cent yesterday, according to Icis, the price monitoring agency, which said that the announcement reduced supply security.
Times 12th April 2017 read more »
FT 12th April 2017 read more »
Theresa May may announce a cap on energy bills within weeks as the energy firm EDF raised its prices for the second time in four months. The nine per cent price rise for customers of the French-owned company has been described as “difficult to justify” by the energy regulator Ofgem. The head of Ofgem said the new tariffs, which follow increases by other leading energy firms, are further evidence that the energy market is not working in all consumers’ interests.
Telegraph 12th April 2017 read more »