iSupply Energy Limited, a contender energy supplier, is directed by the energy regulator Ofgem to pay £1.5M following findings that the company overcharged on default tariffs affecting around 4,400 of its customers. They were supposed to be protected by the fixed price cap.
Energy regulator Ofgem has released a new and more robust framework for the upcoming price control for electricity distribution. The next round of price controls saves customers money while lowering company returns.
The UK Government originally planned to roll out smart meters to all homes by 2020, which was later pushed back another four years to 2024. However, management at UK Energy firms have expressed their concern regarding the attainability of that goal.
Breeze Energy, an energy and gas supplier servicing 18,000 domestic clients, has recently ceased to trade.
Scottish Power is eyeing a significant expansion for its onshore wind farm developments all across Scotland, to supplement the government’s growing interest in wind power projects.
Globechain, an online reuse marketplace, aims to be the solution to the corporate demand for waste reduction by providing a site that lists any unneeded or discarded items. It also gathers data on ESG impact, including environmental, social, and governance data.