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Posts Tagged ‘energy bills’

EDF increases electricity cost by 7.5%

Friday, February 4th, 2011

Yesterday EDF Energy joined the rest of the rest of the big six energy suppliers un the UK by raising their electricity prices by 7.5% and their gas prices by 6.5% effective 2nd March 2011.

This lastest price rise has angered consumers as it follows closely on the heals of the last price from EDF Energy which was published only in October 2010.

Analysts predict that the high price of oil, high wholesale energy costs, increased network charges and new environmental obligations will continue to push the price of energy up.

Schools to get smart meters

Monday, January 18th, 2010
Junior school children leaving school

Junior school children leaving school

Partnership for Schools (PfS) will be responsible for rolling out the display meters projects to all British schools. The selected private sector partner will be British Gas.

From this month (January 2010) schools should be able to sign up to receive one of these meters at a new web site to be published by PfS.

The meters will provide data on energy usage for the whole school site. This can then be made available to students, staff and parents.

If schools are interested in finding out exactly where their electricity is being used, down to the individual socket or distribution board level, they would need to install further smart meters. Adding smart meters with switching would allow for full control of the schools electricity spend.

The Carbon Trust estimates that the behavioral changes accompanying the installation of simple smart meters can bring 10-15% reductions in electricity consumed. Using a full system of smart meters and switches throughout the school could bring that saving up to 37%.

Energy companies may pass on full cost of Smart Meters to customers

Wednesday, January 13th, 2010

We we delighted when the government announced the £8 billion scheme to put a smart meter in every home.

Lord Hunt, the Energy Minister, said: “Smart meters will put the power in people’s hands, enabling us all to control how much energy we use, cut emissions and cut bills.”

We couldn’t agree more. If you can’t measure it, you can’t manage it.

Originally, the government told us that the 47 million smart meters would be fitted free to 26 million properties by 2020 saving on average 10% of the electricity used.

Earlier this week, however, it emerged in official documents that the energy providers would be responsible for fitting the smart meters and that they would be allowed to recoup the £340 installation cost from their customers.

Martyn Hocking, spokesman for Which, said: “We’re concerned that consumers could be saddled with the entire multi-billion pound bill for a project that’s going to save the industry hundreds of millions of pounds a year.”

Somehow, that doesn’t seem fair.

Fresh Fears in the Press re Energy Costs and CRC

Monday, October 12th, 2009
Graph showing energy costs rising

Graph showing energy costs rising

Collected from last weeks press:

Fear of ‘huge’ energy bill rises

Domestic energy bills in the UK could rise by 60% by 2016-17, the energy regulator has warned.

However, this would be the “spike” in bills, with prices estimated to rise between 14% and 25% above inflation by 2020, the Ofgem report explained.

The review also said that up to £200bn of investment was needed to secure supplies and to meet carbon targets.

Firms unaware of carbon commitment

More than two-thirds of businesses in the UK are unaware of the Carbon Reduction Commitment (CRC) legislation, an insurance and energy management firm has revealed.

According to RSA, 41 percent of firms do not know about the CRC, while three-quarters of companies are in the dark about when the legislation comes into effect.

This could see more than 5,000 businesses having to deal with rises of at least £55,000 in energy costs from next year.

Companies will have to offset carbon through buying allowances for every tonne of CO2 they emit.

Alex Matthias, energy management leader at RSA, urged firms to focus upon energy efficiency and environmental responsibility.

We echo these final sentiments.