World News - Npower may curb energy price rise

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  • xman
    Admin
    • Sep 2006
    • 24007

    World News - Npower may curb energy price rise

    divdiv class=story-body readability=45 span class=story-date#13; span class=date12 November 2013/span#13; span class=time-textLast updated at /spanspan class=time14:30 ET/span#13; #13; /span#13; #13; #13; #13; #13; #13; #13; #13; p class=introduction id=story_continues_1Npower says it will cut its planned rise in its average gas and electricity energy bill to 6% from 10.4% if the government reduces green levies./p#13; pNpower's move follows EDF Energy's plan to raise its average dual-fuel bill by 3.9% - less than half that of rivals./p#13; pEDF is anticipating cuts to government levies, but warns that if that does not happen then customers can expect steeper increases in energy bills./p#13; pIn contrast Npower said it would only act when the green taxes were cut./p#13; pCurrently around 6% of a gas bill and 11% of an electricity bill go to government schemes aimed at saving energy, reducing emissions and tackling climate change./p#13; pIf the levy comes down, the price will come down, Guy Esnouf, Npower's director of external communications told the BBC./p#13; pUnlike EDF we don't really think it's right to talk now about government policies that haven't changed but making that assumption, and that's not something we'll do in advance, then on the same basis as EDF, our price would go up net around 6%, added Mr Esnouf./p#13; pNpower currently plans to raise its average dual-fuel bill by 10.4% from 1 December./p#13; span class=cross-headGreen taxes/span#13; div class=story-feature wide readability=3#13; a class=hidden href=#story_continues_2Continue reading the main story/a h2Cheaper energy bills/h2#13; !-- pullout-items--#13; #13; #13; !-- pullout-body--#13; pAdvice from the Energy Saving Trust:/p#13; ulli Insulate your hot water cylinder. Could save up to £60 a year/li#13; li Get an eco-shower head. Some water companies are giving them away free; could save you up to £75 a year/li#13; li Swap halogen spot lights with new LED bulbs. Replacing all traditional bulbs with energy saving versions can save £60 a year/li#13; /ulpa href=http://www.bbc.co.uk/consumer/23898038Make more energy savings/a/p#13; pa href=http://www.bbc.co.uk/consumer/24473288Switch and save on your energy bills/a/p#13; #13; !-- pullout-links--#13; /div p id=story_continues_2Prime Minister David Cameron has pledged to roll back green energy levies. /p#13; pThe government is currently reviewing its environmental policies to see if they can be delivered more cost-effectively./p#13; pIf the government makes bigger changes to the costs of its social and environmental schemes than EDF expects, it said it would pass these savings onto customers/p#13; pHowever, EDF warned that if the government failed to reduce green levies, the firm might have to put up its prices further./p#13; pIf changes to social and environmental programmes are less than anticipated, the company may have to review its standard variable prices again, it said in a statement. /p#13; span class=cross-headConsumer choice/span#13; pEnergy Secretary Ed Davey told the BBC he welcomed the fact that one of the big six suppliers had produced a price rise closer to inflation./p#13; pNow people will see they have [a] choice. It isn't just the smaller suppliers offering lower prices, he added./p#13; pHe also warned that energy firms needed to respond to customers' concerns if they wanted to avoid damaging their reputation./p#13; pMr Davey's warning came on the day energy bosses sought to defend their industry in a bid to end political criticism of their companies./p#13; pAt the annual conference of industry body Energy UK, Mr Davey said that power firms should not treat the public as a cash cow./p#13; pIn response, Energy UK said the industry was already working hard to ensure everyone can keep the lights on and stay warm this winter./p#13; pThe best way to do this is for everyone to work together, which is why this tit-for-tat Punch and Judy show of insults is so unproductive, a spokesman said./p#13; span class=cross-headPrice rises continue/span#13; pEDF, which has 3.7 million residential customers, is the latest energy provider to increase its prices. /p#13; pSSE said it would increase prices by 8.2% from 15 November, British Gas's prices are due to rise by 9.2% on 23 November, Npower said its dual-fuel bills will go up by 10.4% on 1 December and Scottish Power's price rise will be 8.6% for dual-fuel energy bills from 6 December./p#13; #13; #13; #13; #13; #13; #13; div class=data-table-outer#13; /div /div/divbrbrcentera href=http://www.wizardrss.comPowered By WizardRSS.com/a | a href=http://www.wizardrss.comFull Text RSS Feed/a | a href=http://www.amazon.com/RFID-Blocking-Cards-Identity-Protector/dp/B00CJHZLEWRFID/a | a href=http://www.wpzonbuilder.comAmazon Affiliate/a/center
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