Energy bills will continue to soar, warns a top British Gas executive, in a wide-ranging interview with MoneySavingExpert.com. But he also urges households to cut their consumption as the way to cut their bills.
British Gas owner Centrica says profits from its residential energy arm rose by 3.2% to £356 million during the first half of the year following a freezing winter — but it isn't ruling out future price rises.
Household energy bills will be £240 higher each year by 2020 largely due to the mounting cost of Government green policies, energy giant Npower claims.
E.on has agreed to pay £2.5 million to help some of its most vulnerable customers and been fined £500,000 after it inaccurately reported how many free light bulbs it gave out as part an energy efficiency scheme.
The Government's Green Deal scheme, which aims to help people make energy efficient home improvements, is continuing to make a slow start, new figures show.
People living in hot countries will no longer be able to claim winter fuel payments from autumn 2015, chancellor George Osborne has announced in the Government's Spending Review.
26 June 2013
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