Gas & Electricity Prices Set To Rise in Autumn 2014

Consumers will once again brace themselves for gas and electricity price rises this autumn. Households and Businesses are getting used to the annual price hike every year. Despite protestation from Government ministers and the public everyone knows that energy prices from the "big six" energy companies always rise.

This winter make sure you take steps to reduce energy prices

How to beat Gas & Electricity Price Rises

There are several measures you can take to more that offset the cost of utility bills:

• Get the latest energy saving News about measures to save money. 
• Get a better deal for Commercial Electricity Prices before there is a change in business tariff.
• Compare the market for ways to save money on gas and electricity.
• Invest in renewable technologies such as Solar for equipment that can significantly cut dependence on fossil fuel suppliers and get cash back by exporting power to the grid.

 

Gas consumption by UK consumers increases in the colder months of the year due to the extra demand for heating.

Winter time drives up consumption - consumers use more energy to heat their homes and businesses, ensure you do not get caught out by impending price rises, take action now to secure gas and electricity tariffs now at today's rates rather than facing increased costs later.

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Annual Energy Bills 'To Rocket By 2020' - Fact or Fiction?

Annual Energy Bills 'To Rocket By 2020' - Fact or Fiction?

Annual household energy bills could rise by more than £600 within seven years so power companies can keep the lights on.

Gas & Electricity may cost more in the future

Sky News has learned the watchdog has written to the Treasury ahead of next week's budget to warn of rising costs.

In a new forecast, consumer champion Which? has predicted energy companies will need to spend £118bn on new infrastructure between now and 2020.

This would include building new power stations, replacing grids and building wind farms as part of a drive to sustain Britain's power supply and cut down on carbon emissions.





Which? believes this cost will inevitably be passed on to consumers, and that households and businesses will foot the bill.

This would mean that the average bill would exceed £2,000 a year even if wholesale costs of gas and electricity remain stable - an annual rise of £640 per household.

Richard Lloyd, executive director of Which?, said: "I don't think consumers know that this is heading their way and that decision has already been made by the Government.

"This is a massive chunk potentially on everyone's bills. This means one thing: that household bills are set to rise, and to rise for many people very steeply for the foreseeable future."

Source: Yahoo

Solar Energy Savings is wound-up by Insolvency Service | Trouble For Solar Industry?

Solar Energy Savings is wound-up by Insolvency Service | Trouble For Solar Industry?

A firm which generated more than £50m of turnover by marketing and selling solar panel systems to the public has been wound up following an investigation by The Insolvency Service. The probe found that Solar Energy Savings Limited, which was based near Manchester Airport, engaged in 'serious mis-selling practices' during home visits to potential customers, The Insolvency Service said. It added that the company's staff used high-pressure sales tactics, misrepresentation and other illegal or irregular sales practices. Solar Energy Savings Limited was incorporated in October 2009 and had its registered office and principal trading address at Global House, Bailey's Lane, Wythenshawe. 

It was wound up by the High Court in Manchester following a petition presented in the public interest by the government following an inquiry by Company Investigations, which is part of The Insolvency Service. Solar had offices across Britain and started trading in early 2011. It did not carry out the installation of solar panels but contacted prospective customers via a series of telephone marketing calls, leading to a home visit by a salesman. 

Solar Panel Company Wound Up by Insolvency Practitioners

The inquiry allegedly found that: *Customers were falsely led to believe that Solar was part of a government-backed or officially-authorised scheme providing discounts of up to 30 per cent, but that these were limited by number or time; Solar's salesmen consistently overstated the performance of the panels and the return on investment likely to be achieved by the customer, and the firm falsely claimed to be a member of a trade body; *Customers were subjected to a sales pitch lasting more than two hours and signed contracts 'merely to get the salesman to leave their homes'; They were also incorrectly told that the system could be reinstalled free of charge if they moved home; Solar also induced customers to sign a contract with the promise that they would receive the full amount of their purchase price back after five years through a scheme falsely said to be underwritten by an international company called Capital Suisse; *Solar failed to maintain adequate accounting records, preventing the investigator from obtaining accurate information about sales and cancellations, customer deposits and the true nature and extent of payments made from its bank account.

At a trial, Solar did not admit the allegations but did not object to the winding-up order. Scott Crighton, the investigation supervisor, said: “Solar Energy Savings Limited persistently and deliberately flouted both statutory regulations and industry-standard selling practices in order to generate sales, and widely-promoted a non-existent scheme in order to induce members of the public into signing a contract. “These proceedings make clear that The Insolvency Service will take firm and decisive action to protect the public against such objectionable practices.” 

Source: 
Manchester Evening News

Only 132 signed up to Green Deal To Date

Green Deal in the Slow Lane

Since it's launch earlier this year it has emerged that just 132 clients have signed up for the green deal plan. In June only 4 consumers had elected to take the offer.

"The Department of Energy and Climate Change (DECC) said that just one person had reached the "live" stage of the programme so far."

The public has been slow to take up the scheme aimed at improving Britain's housing stock by introducing energy saving measures for homes and businesses

A report published today by the BBC reveals the slow uptake of the Green Deal plan.

Disappointing news to new start up companies, who were hoping to make new business as part of the Government backed programme. Many small businesses and independent advisors and installers of energy saving measures are looking forward to the winter months when it is anticipated that interest in the scheme will increase.