British Gas owner Centrica to exit the relationship with Russian company Gazprom

Centrica is the company that owns British Gas and are the latest business to announce it is exiting its relationship with Russian state-owned gas giant Gazprom as a matter of urgency. Centrica signed a deal with the Russian State company Gazprom in 2012 to deliver natural gas to Britain. It has been reported that the
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Energy provider Bulb placed into special administration

On Tuesday 23rd November 2021 the energy provider Bulb was placed into special administration. The company was founded in 2015 with the aim to make energy more affordable and greener. Earlier this year Bulb had been bidding for funding from investors, but with the recent energy crisis causing concern for investors and the wholesale prices
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Will heat pumps save energy crisis

Households will be offered subsidies of £5,000 from next April to help them make the switch. Although up to 25 million UK homes have gas boilers, the grants will fund just 90,000 pumps over three years. The government says this will boost demand for the pumps, but critics say the plan does not go far
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Energy Swap Secret Commissions Horror Story

A business with 2 identical warehouses recently fell out with their broker and went to their energy supplier direct. The business had been paying £1,400.00 per month per warehouse in energy bills. The new energy quote was £800.00 per month. The business had in fact been spending £600.00 per month on commission payments which the
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Russian gas bails out Europe

President Putin is keen to sell more gas to Europe but high prices still inevitable. Russia President Vladimir Putin appeared to calm the market after gas prices had risen by 37% in 24 hours to trade at 400p per therm on Wednesday. UK gas was 60p per therm at the start of the year, but
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The double whammy of rising energy bills and secret commissions

Once again, the hapless consumer is paying the price for the greed of others, but consumers have been paying more for their energy than they should have for many years. Secret Commissions If you or your business swapped energy suppliers, especially by using a broker, there is a very good chance that the broker received
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Energy Mis-Selling – Have you been mis-sold?

More businesses are becoming aware of mis-selling within their energy contracts which have seen them paying more than they need to.  This has led to an increasing number of complaints made by small to medium sized businesses across the country. Often, unbeknown to the business, where they engage with a broker to renew or change
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