Page 9 - Peter Earl News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Philippa Pickford, Ofgem's director of retail, said: 'Green Network Energy and Simplicity Energy customers do not need to worry, as under our safety net we'll make sure your energy supplies are secure and domestic customers' credit balances are protected. 'Ofgem will now choose a new supplier for you and whilst we are doing this our advice is to wait until we appoint a new supplier and do not switch in the meantime.  'You can rely on your energy supply as normal. We will update you when we have chosen a new supplier, who will then get in touch about your new tariff.'

Share Jonathan Brearley, chief executive of Ofgem, said: 'The energy system needs to go undergo the biggest transformation in over a century to meet Britain's ambitious climate goals. 'Ofgem is recommending the creation of an independent body to help deliver the fundamental changes in how we use energy. 'This would help bring forward green economic growth, accelerate our journey towards net zero and save consumers money on their energy bills.'     There have been mounting concerns about National Grid's ability to cope with a significant spike in electricity demand in the near future, when...

What are the Government energy plans for net zero? This is Money answers your questions on what's changing and the grants on offer The long-awaited 'Energy White Paper' was finally published by Government this week - more than a year after it was initially meant to be unveiled It outlines proposals to make the UK's energy system fit for a net zero economy  Pledges include thousands of new jobs and more electric car charging points  This is Money has done the digging to find out what you need to know 

Around 2.1million households are now behind on their energy bills with a huge increase in the number thanks to the coronavirus pandemic.  This figure is up 600,000 on February, according to data from Citizens Advice - a leap of 40 per cent.  The average amount owed by those who haven't come to a repayment arrangement with their supplier comes in at £760 for electricity and £605 for gas. A further quarter of all households are worried they won't be able to pay their energy bill this winter. Bill worry: Two million homes are behind ahead on their energy bills with coronavirus adding to the ...

Energy customers will no longer be punished for their loyalty under plans that could save households hundreds of pounds a year. For years, power giants have reserved their cheapest deals for new gas and electricity customers, while keeping bills high for existing ones.  It means those who fail to regularly switch tariffs are routinely overcharged by as much as £300 a year. But in a victory for Money Mail, Business Secretary Alok Sharma will today announce that energy suppliers will no longer be allowed to hike prices for longstanding customers. Ministers had tried to stop energy customers f...