To safeguard vulnerable customers, the energy regulator has mandated that energy retailers wear body cameras during prepayment meter visits, as part of new measures.
To safeguard vulnerable customers, the energy regulator has mandated that energy retailers wear body cameras during prepayment meter visits, as part of new measures.
Harbour Energy PLC (LSE: HBR) and BP PLC (LSE: BP.) have partnered to develop the Viking carbon capture transportation and storage (CCS) project in the Humber region.
Centrica, the owner of British Gas, has announced that its CEO, Chris O’Shea, will receive bonuses totalling £3.7 million after the company achieved record profits in 2022.
Next week, the executives of Centrica and Ofgem will be summoned to appear before MPs. This comes after British Gas was discovered to have been compelling vulnerable customers to use
In 2022, Centrica’s adjusted earnings per share rose significantly, increasing eight times to 34.9p from 4.1p in the previous year.
The industry body warned that more electricity and gas suppliers may go bankrupt because of the rising number of households who are unable to pay their bills.
After damaging reports about how prepayment meters were installed in the homes of vulnerable customers, all UK energy suppliers have pledged that they will stop installing them.
After an investigation revealed that agents working for British Gas broke into the homes of vulnerable customers to install prepayment meters, the British energy regulator Ofgem ordered all suppliers to
The cash pile exploded over the past year and reached its peak at November’s end when households were facing extreme financial pressure due to the cost of living crisis.
The move is following allegations that third-party agents ignored the vulnerabilities of customers and broke into equipment to install it.
SSE, the energy company, has started work on an underground cavern in Yorkshire for hydrogen storage. This will allow the company to have a reliable source of power in case