After recent price increases by Centrica and other gas suppliers, it is now the turn of the water companies to announce future price rises. They have approached Ofwat, the water industry regulator, with details of how much they want to increase prices from 2010. (more…)
Tags: centrica, Northumbrian Water, Ofwat, Severn Trent, Thames Water, United Utilities, Welsh Water
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Centrica, the owner of British Gas, has signalled that utility bills could be on the increase again following increasing costs in the wholesale energy market. The wholesale cost of electricity has doubled since last year, while gas has risen some 92% over the same period. (more…)
Tags: british gas, centrica
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British Energy, the nuclear generator, is proving to be a popular takeover target or partner as it courts five potential suitors. Centrica, EDF, RWE, Eon and Iberdrola are all taking an interest in British Energy as the UK Government looks to relieve itself of its 35% stake in the company. (more…)
Tags: british energy, centrica, energy, Eon, RWE, Utilities
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