Household spending falls as inflation hits three-year high

And once again recent rises in household gas and electricity prices are identified as the main culprits. This recession started with a banking crisis. It seems to be being perpetuated by an energy crisis…

Read more – The Guardian

David Cameron and Chris Huhne urge households to cut their energy bills

Most people have seen their energy prices rise by £100 since this summer, and now the government are stepping in. At the same time as making energy companies be much more transparent about their cheapest tariffs, they’re asking homeowners to do their bit to help themselves, by properly insulating their homes and taking advantage of things like discounts for paying by Direct Debit. All good stuff – as long as they continue to find ways to make renewable energy a viable alternative, rather than taking a sticking plaster approach of trying to make using fossil fuels more palatable.

Read more – The Guardian

Energy firms’ profit margins soar, Ofgem says

We know that the energy sector isn’t unique in making ever-increasing profits from its customers at a time when those customers have less than ever to give, but still. This news makes us angry.

Read more – BBC News

EDF price rises tighten squeeze on family finances

The last of the Big Six energy providers increases the price of electricity by 4.5% and gas by 15.4%, putting a quarter of the UK’s households into fuel poverty.

Read more – The Independent

Inflation at three-year high as CPI hits 4.5%

The article says ‘soaring utility bills were the main driver behind last month’s rise’. Time to think about a more affordable, stable and sustainable way to power your home?

Read more – MSN Money

npower raises gas and electricity prices – the fifth of ‘big six’ firms to do so

Seriously npower… You reported an incredible 130% profit in the first half of 2011. Isn’t it about time you gave your customers a break?

Read more – The Guardian