Energy

The sun may be about to set on solar panels. A Government consultation is proposing the biggest changes to the scheme since it launched, decimating the amount those with panels are paid for generating electricity in England, Scotland and Wales from January 2016.

The energy regulator has today revised typical usage figures, which are used across the industry to help people compare prices. However, the new lower figures don't mean you'll pay less.

Wholesale prices – what energy providers pay for gas and electricity – continue to fall and 'remain very low', which some experts say could result in price cuts for households.

Energy customers will be able to switch suppliers within 24 hours by 2018, under plans confirmed by the Government.

A flagship scheme set up to encourage homeowners to make their property more energy-efficient by installing measures such as insulation, double-glazing and new boilers today stopped accepting new loan applications after the Government abruptly axed its funding.

Approximately 1,000 former and existing Npower customers will have debts written off and be given free energy, after the big six energy provider has been found guilty of failing to implement Ombudsman rulings on complaints within the required 28 days.

British Gas is to cut gas prices by 5% for the second time this year – but even after that, its standard tariffs will cost on average £250/year more than the cheapest.