Energy Prices Archives:

Solar panels could see surge in sales

Solar panels could see surge in sales Solar panels for homes and businesses could see a rush in sales after the government was denied an appeal for cuts in the feed-in tariff scheme. The government’s planned cuts of 43.3p/kWh was challenged in court by environmental group Friends of the Earth and several leading solar companies…

Government ready to fund southwest renewable energy venture

Renewable energy could take hold of the southwest of England; after it was revealed the UK’s first marine Energy Park would be built. The park would focus on offshore wind, wave and tidal power in an effort to generate environmentally friendly renewable energy and cut carbon emissions. The site will cost close to £100 million…

Renewable energy to transform Hull

The River Humber is ready for a renewable energy revolution after it was announced a £130 million biomass power plant would be built in Hull. This pushes the total planned investment for the estuary to £1bn. The investment would make a lot of green jobs available in the area and the biomass plant would provide…

Renewable energy plans for Dumfries and Galloway

Renewable energy is top of the agenda for Dumfries and Galloway Council as they look to borrow £2.2 million for solar panels. The council want to install the renewable products onto a number of its properties, as a way to boost the council’s budget by £6 million. The solar panels will generate free electricity for…

Renewable energy backed by the Queen with hydroelectricity scheme

The Queen’s major renewable energy project is finally set to generate electricity, after news that Windsor Castle will power off hydroelectricity. Two 40 tonne Archimedes screws will be installed in the River Thames and the system will generate electricity for both the castle and 300 surrounding homes. The £1.7 million hydroelectricity system has taken several…

Renewable energy obsession could drive up fuel prices

The UK Government’s obsession with renewable energy could put £500 on people’s bills within four years. A report warns that renewable energy would damage competitiveness in Britain, and climate problems would still not be solved. The Coalition has taken a firm stance on the new Energy Bill and their flagship scheme, the Green Deal, will…

Door opens for renewable energy as government gets 2020 target wrong

You could be paying at least £300 a year more in energy bills by 2020. Ben Moxham, senior advisor on energy and environment for Downing Street, believes the government has misjudged the savings that can be achieved through energy efficiency. The Department of Energy and Climate Change (DECC) announced that any rise in household bills…

Energy price hikes leave residents struggling to pay bills

The recent energy price hikes have resulted in more people struggling to pay their bills, the Scottish parliament has revealed. The amount of income spent on gas and electricity has shot up from 8% to 14% in the last seven years, leaving many households in fuel poverty. And with prices increasing ahead of winter, more…

Centrica announce profits of £1.3 billion

British Gas has been under intense public scrutiny recently, after raising gas and electricity prices 18% and 16% respectively. They have also been fined twice in the last month by energy regulator Ofgem, with costs reaching £3.5 million. And now, despite their increased charge for duel fuels two weeks ago, the company’s owner Centrica has…

Pensioners staying in bed to reduce energy bills

Pensioners are most at risk of financial hardship with rising bills for both gas and electricity in the UK. The Institute for Fiscal Studies released a report showing how these price hikes were affecting the lives of the elderly around the country. Alarmingly, between 2004 and 2007, pensioners saw their bills rise by 55% for…