Utility Bills Are Consumers Biggest Worry

The British Retail Consortium say that a third of consumers say utility bills are their biggest worry and are concerned that they have no spare cash to pay for basics. The British Retail Consortium (BRC) said British consumers felt they had no spare cash for luxuries or savings and were concerned they didn’t have money to pay their debts. The BRC said consumers are worried about spending because of ... More

British Gas & Bio Group Generate Heat From Food Waste In Stockport

British Gas has joined with Bio Group to develop a new power plant in Stockport which will generate heat for homes using waste food from local restaurants. The new power plant has been built at a cost of £5 million and is a joint venture between British Gas and Bio Group, a renewable energy developer. Waste food from restaurants, takeaways, hotels and offices in the area will be used ... More

70,000 UK Farmers To Invest In Sources Of Renewable Energy

Research by Barclays reveals that an estimated 70,000 UK farmers are predicted to invest in renewable energy schemes in the hope that they can generate not just electricity but an income of around £25,000 a year. Barclays questioned 300 dairy farmers in the UK during August and as a result estimated that 70,000 farmers would invest in sources of renewable energy with the hope that their investment will generate ... More

Treasury Benefits From Higher Energy Bills

Energy bills have been rising over the last few months and the higher bills will result in a windfall of £200m for the Government as a result of the extra VAT. Utility Exchange has reported over recent months on rising domestic and business electricity prices and gas prices. This week the Energy Secretary, Chris Huhne, announced plans to push down energy prices but the fact that the ... More

E.ON Announces 500 Job Cuts

Only weeks after increasing gas and electricity prices the energy giant, E.ON, is cutting 500 jobs. E.ON, one of the largest energy companies in the country, is to cut 500 jobs only weeks after putting up gas prices by 18% and electricity prices by 11%. The company blames the job losses on the sale of its distribution network, Central Networks, earlier in the year. Utility Exchange reported back in ... More

Lancashire Gas Find Could Be Largest Ever In Britain

A company in Lancashire has found a huge gas field which could prove to be the largest ever found in Britain. The company, Cuadrilla Resources, believes there’s as much as 200 trillion cubic feet of shale gas in the Bowland basin. Cuadrilla Resources, backed by the former boss of BP, Lord Browne, holds the licence to exploit the Bowland Shale area. However the process involved in extracting the gas ... More

E.ON Boss Backs Competition Inquiry

The chief executive of E.ON, Paul Golby, has welcomed the prospect of a competition enquiry as the best way to end the public mistrust of energy companies. Yesterday, at the Liberal Democrat Party Conference the Energy secretary, Chris Huhne, promised to get tough on the Big Six energy companies and called for an inquiry into pricing. He accused energy companies of increasing prices for loyal customers while offering cheap ... More

Huhne To Tackle Rising Energy Prices

The Energy Secretary, Chris Huhne, is set to announce plans to enable householders to switch energy supplier quicker and bulk buy power at a discount in a bid to tackle rising energy prices. Chris Huhne will make the announcement at the Liberal Democrat Party Conference in Birmingham today. He will set out plans to push down energy bills by making it easier for consumers to switch providers. It’s speeding ... More

Wind Farm Paid Over £1m Not To Generate Electricity

A Norwegian owned wind farm has been paid over £1 million to stop generating electricity for just 8.5 hours. The news that a wind farm has been paid not to generate electricity has resulted in calls for an investigation into the payment system for electricity generation. The amount the owner of the wind farm received is actually ten times more than they would have received if it had generated ... More

Sheffield Tops Solar Energy Installation Table

Sheffield, more famous for its steel than sunshine, now tops the table for installations of renewable energy. Utility Exchange has reported in the past on the number of solar projects in Sheffield and it’s now confirmed that Sheffield tops the table for renewable energy installations. More solar power generation schemes per head of population have been completed in Sheffield than in any other city in the UK with northern ... More

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