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You can find the current article at its original source at http://www.guardian.co.uk/money/2013/jul/13/british-gas-ecotricity-simplify-tariff-charges
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British Gas and Ecotricity simplify tariff charges | British Gas and Ecotricity simplify tariff charges |
(5 months later) | |
Two power companies have announced plans to make their tariffs simpler following the regulator's campaign to make the energy market easier to navigate. | Two power companies have announced plans to make their tariffs simpler following the regulator's campaign to make the energy market easier to navigate. |
British Gas has started to simplify tariffs by replacing its current range of eight standing charges with just one. | British Gas has started to simplify tariffs by replacing its current range of eight standing charges with just one. |
"By the end of August, British Gas will have completed the rationalisation for all but one of its current products and will have one standing charge by the end of 2013," says a company spokeswoman. | "By the end of August, British Gas will have completed the rationalisation for all but one of its current products and will have one standing charge by the end of 2013," says a company spokeswoman. |
Meanwhile, the green electricity provider Ecotricity has dropped its New Energy tariff that supplied 60% of its power from renewable resources. | Meanwhile, the green electricity provider Ecotricity has dropped its New Energy tariff that supplied 60% of its power from renewable resources. |
From now on it will only have one product, called Green Electricity, which will be 100% green. The good news is that the price is reduced to the lower tariff, not the higher one. | From now on it will only have one product, called Green Electricity, which will be 100% green. The good news is that the price is reduced to the lower tariff, not the higher one. |
Dale Vince, Ecotricity founder, says the new product will blend the best of both previous products – the 100% green content of New Energy Plus and the lower price of New Energy. | Dale Vince, Ecotricity founder, says the new product will blend the best of both previous products – the 100% green content of New Energy Plus and the lower price of New Energy. |
Britain's energy suppliers have been ordered by regulator Ofgem to make their prices simpler. | Britain's energy suppliers have been ordered by regulator Ofgem to make their prices simpler. |
They must offer a single flat rate for the gas and electricity households use, and a separate daily fee to cover administration costs such as billing, metering and environmental taxes, called a standing charge. | They must offer a single flat rate for the gas and electricity households use, and a separate daily fee to cover administration costs such as billing, metering and environmental taxes, called a standing charge. |