The increasing amount of energy being used by households has been laid bare in new data, which suggests a bill shock could be around the corner thanks to laptop charging and Netflix binges. Homes have typically seen a surge in electricity and gas use which will result in bills 37 per cent higher than usual thanks … Read more
Adair Turner, the economist who became chairman of the City regulator days after Lehman Brothers collapsed, wrote a book based on his ringside seat when the 2008 banking crisis went nuclear. Just over a decade later, the man once tipped to run the Bank of England is writing a script he believes will speed up … Read more
In our Consumer Fightback column, Helen Dewdney – otherwise known as the Complaining Cow – will arm readers with the knowledge they need to solve problems with companies. This week, she gives her advice on how to hit back against a common consumer complaint – issues with gas and electricity bills. From price cap changes, … Read more
Using delivery drones in cities consumes up to TEN TIMES more energy than electric vans because they can only carry one parcel at a time and require frequent back and forth trips, new study finds A simulation in Germany found delivery drones needed more energy than vans Drones required a constant flow of electricity to … Read more
Ovo Energy will pay £8.9million to Ofgem after it found that some customers were overcharged and provided with inaccurate information. The industry watchdog said Ovo has agreed to pay the voluntary redress after some customers were undercharged while some were overcharged due to problems with its IT systems. The energy supplier, which has recently bought SSE’s … Read more
Households are using 17 per cent more electricity since Britain went into coronavirus pandemic lockdown, new data suggests. The biggest change in usage is at lunchtime when homes use 27 per cent more energy than usual at 1pm, according to Bulb Energy. The energy supplier analysed how electricity use has changed since lockdown began, using … Read more
Millions of households owed BILLIONS after overpaying energy firms: As the coronavirus economic impact bites, here’s how to reclaim the money… The amount people are in credit by is up by £230m – equivalent to 13.5% People are encouraged to claim the money back if they are in need of funds We reveal how you … Read more
Energy firms owe £1.7bn to millions of households which have overpaid for their energy By Money Mail Reporter For The Daily Mail Published: 22:01 BST, 14 April 2020 | Updated: 23:11 BST, 14 April 2020 One in ten energy customers could be due a rebate of more than £200 MIillions of households are owed around … Read more
Energy use in the US drops to the lowest point in 16 YEARS as coronavirus shutdowns cause industrial and retail sector power consumption to fall Edison Electric Institute predicts a three percent drop in power consumption The biggest driver of the declines are retail and factory closures Residential power consumption is also declining as milder … Read more