British Gas owner Centrica says profits from its residential energy arm rose by 3.2% to £356 million during the first half of the year following a freezing winter — but it isn't ruling out future price rises.
Britain's big six energy companies will face fines unless they open up the electricity market to competition from independent rivals, under proposals by Ofgem.
Households should brace themselves for energy price hikes, not just over the coming year, but over the next five years too, with one energy expert predicting bills could double.
Npower has today become the latest provider to only offer tariffs charging a single rate, but customers who use very little energy could end up paying more.