Eon UK returns to profit for the first time since 2020 with £700m swing Energy The UK arm of energy giant Eon has returned to the black for the first time since 2020 after a swing of more than £700m.
Urenco: Revenue surge for government-backed uranium transport group’s UK arm Nuclear Revenue at the UK arm of Urenco, a company that transports uranium overseas, surged by almost £100m during 2023.
Eon warns energy crisis not over yet as it ramps up renewable spending ENERGY There is still a risk that gas prices could rise this winter despite the recent calming across energy markets, Eon warned today.
Ofgem slaps E.On with £5m fine as customers get compensation for poor service June 14, 2023 Power supplier E.On Next has been ordered to pay £5m in compensation to more than 500,000 customers for “unacceptable” call services.
E.On, Good Energy and Octopus cough up millions in compensation payments for bill delays May 17, 2023 Gas and electricity firms E.On Next, Good Energy and Octopus Energy have paid £8 million over compensation failures for delays in producing final bills when customers switch, regulator Ofgem has announced. The energy watchdog said more than 100,000 households were affected after the three suppliers either missed or delayed compensation payouts that were due when they did [...]
British Gas, Scottish Power and E.On LOSE High Court row over handling of Bulb sale – but it might not be over yet March 31, 2023 Three major energy suppliers have lost their High Court challenge over the Government’s handling of the sale of collapsed energy firm Bulb.
Apology after postal strikes meant just 16 per cent of energy vouchers redeemed December 22, 2022 Royal Mail has apologised after just 16 per cent of energy bill support scheme (EBSS) vouchers were delivered by post this December. The company which has been crippled by strikes this month said sorry after cold Brits were left in the lurch, unable to get hold of energy metre vouchers. Vouchers are claimed by customers [...]
Revealed: As bills rise for millions of Brits, this is how much profit energy suppliers make. August 16, 2022 Energy bosses were hauled in front of ministers last week amid nightmare predictions that the average household bill might climb to £5,000 from April after a winter of soaring heating prices. Energy companies have been calling for immediate help for customers. The price cap on bills prevents the firms from taking excess profits from the [...]
Square Mile offices and homes to be warmed with heat from over 650ft below its streets June 23, 2021 In a bid to make London’s Square Mile more sustainable, its homes and offices will be warmed by drawing heat from over 650ft below the streets of the City. As one of the largest low-carbon heating systems in the UK, which forms part of a £4m scheme, the system will produce the same amount of [...]
Germany to pay nuclear firms €2.4bn for plant closures March 5, 2021 The German government has agreed to pay nuclear operators €2.4bn in compensation for forcing them to shut their plants early in response to the Fukushima disaster. The sum will be made available from the general budget, ministries said on Friday. The four affected companies include German-listed firms RWE and E.ON, as well as Vattenfall and [...]