Ovo Energy to pay out £8.9m after overcharging customers

Ovo Energy will pay £8.9million to Ofgem after it found that some customers were overcharged and provided with inaccurate information. The industry watchdog said Ovo has agreed to pay the voluntary redress after some customers were undercharged while some were overcharged due to problems with its IT systems. The energy supplier, which has recently bought SSE’s … Read more

Plans to ban the sale of energy drinks to teenagers are ‘unscientific’ and ‘discriminatory’, report

Government plans to ban the sale of energy drinks to children are ‘unscientific’ and ‘discriminatory’, a report claims.  Ministers have proposed making it illegal to sell the ultra-caffeinated products to under-18s amid fears they are damaging to health.  Campaigners say the ‘dangerous’ combination of high levels of caffeine and sugar help fuel obesity, bad behaviour … Read more

Energy provider iSupply hit with £1.5m fine for overcharging customers

Energy provider iSupply hit with £1.5m fine after it overcharging thousands of customers By Daily Mail City & Finance Reporter Published: 21:51 GMT, 16 December 2019 | Updated: 21:51 GMT, 16 December 2019 iSupply Energy overcharged around 4,400 of its customers under the new price cap Energy provider iSupply will pay £1.5million after it overcharged thousands … Read more

Renewable energy is top 2020 sector pick of wealthy investors

Where are the wealthy looking to invest in 2020? Green energy is top pick for those seeking long term gains Nearly all age groups were disposed to put money in green energy in 2020 Technology, commercial property and gold were other popular selections Mining, retail, industrial and auto stocks languished at the bottom of the … Read more

How to profit from investing in green energy and reducing waste

INVESTING SHOW: How to profit from green energy, reducing waste and boosting recycling By This Is Money Published: 10:35 BST, 5 September 2019 | Updated: 14:46 BST, 5 September 2019 The desire to look after the planet better has led to a huge rise in interest in drawing more of the energy we use from … Read more

More than 1 in 4 smart meters from small energy firm Bulb are not working properly

More than 1 in 4 smart meters from small energy firm Bulb are not working properly Thousands have been unable to see how much gas or electricity they’re using Some of the devices are unable to transmit readings to Bulb  7,000 of the 24,000 customers with a smart meter have reported an issue  By Fiona … Read more