Households across Britain can expect to see energy bills rise by £116 annually by 2030 to cover a substantial £90 billion investment intended to expand the national electricity grid and
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British households are set to shoulder billions more in energy costs following new disclosures on green subsidy funding. The Office for Budget Responsibility has revealed that an additional £1 billion
British households will see a marginal increase in energy bills at the start of the new year, as Ofgem, the energy regulator, raises the price cap on standard tariffs. From
Household energy consumption in the United Kingdom has fallen to near historic lows as soaring bills compel families across the nation to cut back. According to data released by officials
Energy billpayers in the United Kingdom have already footed a record £1 billion bill this year for switching off wind turbines, as the flaws in the nation’s drive toward net
Downing Street is preparing measures to ease the financial burden of soaring household energy bills, with Chancellor Rachel Reeves considering removing VAT from fuel bills. Reeves has reportedly tasked officials
British households are set to face higher energy bills from October as the rising cost of paying wind farms to switch off pushes annual prices up by two per cent.
Chris O’Shea, the chief executive of Centrica, the owner of British Gas, has issued a stark warning to policymakers as the UK navigates its path to net zero. In an
UK government officials have subtly conceded that the cost of renewable and other low-carbon technologies essential for the rapid transition to net zero is higher than that of using fossil
A record number of households in Britain have been unable to pay their energy bills via direct debit, as per new data from the Office for National Statistics (ONS). Figures
British Gas owner Centrica has faced significant backlash from its investors after nearly 40% voted against remuneration plans for its chief executive, Chris O’Shea, during the company’s annual meeting in
Plans to overhaul the electricity market across England, Wales, and Scotland are under scrutiny, as recent research indicates that the proposed changes could pile an additional £3 billion onto household
British households face a challenging start to 2025 as energy bills increase for approximately nine million homes amidst forecasts of freezing temperatures and snow warnings. The energy regulator’s decision to
It has been widly reported that the energy regulator Ofgem’s price cap is set to rise by 10 per cent on 1 October, reaching £1,717 for the average household. This
As the colder months approach, households across Great Britain are preparing for another increase in their energy bills. Forecasts from Cornwall Insight, a respected energy consultancy, indicate that the government’s
