The cost of a typical family's annual energy bill could soar to £2,000 because of the volatility of the energy market and the huge investment required.
British Gas, EDF, E.On, nPower, Scottish & Southern Energy and Scottish Power have given the strongest hints yet that there will be no price cuts this year despite rising profits.
Eon will automatically move hundreds of thousands of energy customers on its popular capped tariff that ends in October onto an expensive alternative capped deal.
Energy firms will have to stop unfairly grabbing consumers' money by setting exorbitant direct debits (DD) demands, under proposals announced today by the industry regulator.
Energy companies may have broken European Union (EU) rules and overcharged millions of prepay gas and electricity customers by nearly half a billion pounds.
16 June 2009
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