Smart meter overhaul to open gates for ‘surge pricing’
2 years, 10 months ago

Smart meter overhaul to open gates for ‘surge pricing’

The Telegraph  

Smart meters are to automatically send energy suppliers half-hourly updates on their customers' power use in a revolutionary move that will allow "surge pricing" in millions of households' bills. The energy regulator Ofgem will be granted legal powers in May allowing it to change the way smart meters operate, so that information about usage is sent to suppliers every 30 minutes by default. The plans are viewed by industry experts as a key stepping stone towards “time of use” tariffs, which would charge customers different rates for energy throughout the day depending on demand. Smart meters already have the capability to send half-hourly use reports to energy providers, but at present a customer must "opt in" to switch this on.

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History of this topic

Some households wait SIX months for energy supplier to fix broken smart meter
1 month, 1 week ago

Some households wait SIX months for energy supplier to fix broken smart meter

Daily Mail  

Many energy firms are struggling to get smart meters working as intended Around 2.6 million households have asked their energy supplier to fix to their smart meter or display because it is broken, with 1.4 million waiting six months or more to get it sorted. Saving money: Smart meters can save money on energy bills by offering greater understanding of …

Millions of households told to take action by end of the day before energy price hike
2 months, 3 weeks ago

Millions of households told to take action by end of the day before energy price hike

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The average household energy bill is to increase by £149 …

Energy bills to increase by almost £150 after Ofgem raises price cap by 10 per cent
4 months ago

Energy bills to increase by almost £150 after Ofgem raises price cap by 10 per cent

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Customers on standard variable tariffs will pay 6.24p per kWh …

Millions of UK homes risk being overcharged on energy bills due to faulty smart meters
8 months, 4 weeks ago

Millions of UK homes risk being overcharged on energy bills due to faulty smart meters

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Nearly four million homes across Britain risk overpaying on their …

Energy bill price hike takes effect as record numbers struggle with debt
11 months, 3 weeks ago

Energy bill price hike takes effect as record numbers struggle with debt

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Without additional support, it will be anything but a …

Six energy firms pay out £10.8m for missing smart meter targets
1 year, 1 month ago

Six energy firms pay out £10.8m for missing smart meter targets

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Ofgem said British Gas, Ovo, Bulb, E.On, Scottish Power …

Ofgem seeks views on how to encourage people to switch to off-peak power use
1 year, 4 months ago

Ofgem seeks views on how to encourage people to switch to off-peak power use

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Energy regulator Ofgem has started …

People told to read meters after energy prices fall
1 year, 5 months ago

People told to read meters after energy prices fall

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy People across Great Britain have …

Energy Secretary hints 20% energy bill hike in April WILL be ditched
1 year, 9 months ago

Energy Secretary hints 20% energy bill hike in April WILL be ditched

Daily Mail  

Grant Shapps has hinted there could be further help for consumers struggling with large utility bills ahead of another increase expected next month. The Energy Secretary said he was 'sympathetic' to calls for more state aid with families staring at a 20 per cent increase in average bills. Energy regulator Ofgem is lowering its energy price cap from the current …

Energy giants to miss smart meter installation targets for this year
2 years, 2 months ago

Energy giants to miss smart meter installation targets for this year

The Telegraph  

Energy companies are set to miss their targets for installing smart meters this year amid reports of supply chain and staffing issues. Smart meters are key to plans to reduce demand for electricity and avoid blackouts this winter after the National Grid said that it would pay households to reduce their use during peak times. A spokesman from Energy UK …

Energy bills to hit £4,266 in January after Ofgem changes price cap rules
2 years, 4 months ago

Energy bills to hit £4,266 in January after Ofgem changes price cap rules

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. "While our price cap forecasts have been steadily rising …

Ofgem rules could keep energy bills high when wholesale gas prices drop
2 years, 7 months ago

Ofgem rules could keep energy bills high when wholesale gas prices drop

The Telegraph  

Household energy bills could stay high even when gas prices drop under plans by the energy regulator to extend a scheme that penalises companies offering cheap tariffs. Under new rules brought in by Ofgem, energy companies will have to pay households' existing suppliers if they want to offer a cheaper tariff when wholesale prices fall. Soaring global wholesale prices pushed …

Energy bills for 22 million homes could rise again this summer under new Ofgem powers
2 years, 10 months ago

Energy bills for 22 million homes could rise again this summer under new Ofgem powers

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Energy bills for …

How to keep your energy bills low
2 years, 10 months ago

How to keep your energy bills low

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Justina Miltienyte, energy policy expert at Uswitch.com, said: “This is the most difficult energy …

Skyrocketing energy bills to hit £1,900 from April
2 years, 10 months ago

Skyrocketing energy bills to hit £1,900 from April

The Telegraph  

Removing VAT from energy bills, which is currently levied at five per cent, would save £90 a year for households on a default “standard variable” tariff. The Prime Minister’s spokesman confirmed the National Insurance tax rise would go ahead in April, “no ifs, no buts”. Instead, the Government is considering helping families by scrapping VAT on energy bills, freezing council …

Energy bills could increase again in October after predicted 50% jump in April
2 years, 11 months ago

Energy bills could increase again in October after predicted 50% jump in April

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Energy bills could …

Can you time your way to cheaper, greener energy bills?
3 years, 5 months ago

Can you time your way to cheaper, greener energy bills?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. One trial funded by the Department for Business, Energy …

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