Press release: Energy customers in Wales to save as UK Government caps fuel bills

first_imgNew price cap power introduced to Parliament following BEIS Select Committee approval Move will guarantee protection for the 11 million households currently on the highest energy tariffs – in addition to 5 million vulnerable households already protected by Ofgem’s safeguard cap In 2016-2017, Wales ranked above average in the UK for the number of customers switching energy provider, but this was less than 1 in 5 customers The introduction of the Domestic Gas and Electricity (Tariff Cap) Bill comes after the Business, Energy and Industrial Strategy Select Committee scrutinised the draft Bill as part of the government’s work to build consensus for the cap. The Committee backed an absolute cap and made a number of other recommendations about the Bill in its report, which the government has accepted in full.In setting the cap, Ofgem will also take into account the need to create incentives for suppliers to improve efficiency, the need to set the cap at a level that enables suppliers to compete effectively for supply contracts, the need to maintain incentives for customers to switch and the need to ensure that efficient suppliers are able to finance their supply activities. This will make sure the cap reflects the interests of both consumers and suppliers.It will be in place until 2020 when Ofgem will recommend to government whether it should be extended on an annual basis up to 2023. In line with the Committee’s recommendation, the government will ensure Ofgem reviews the level the cap is set at least every six months while it is in place.The Competition and Markets Authority 2016 review of the retail energy market found that domestic customers of the Big Six suppliers faced a £1.4 billion a year detriment.The government is determined to tackle this detriment, by encouraging consumers to switch suppliers and tariffs. The introduction of smart meters will enable consumers to see the cost of their energy usage and more easily find the best tariff for them.The latest league table from Ofgem comparing the default or standard variable tariffs of the 10 largest energy suppliers shows that those households who are prepared to shop around can, on average, save around £300 from switching to the cheapest tariffs on the market.Earlier this month, one million more vulnerable consumers who receive the Warm Home Discount were protected from higher bills with the extension of Ofgem’s safeguard tariff cap, introduced in 2017. There are now five million households protected by this cap. Government also announced a new consultation to give Ofgem and the Department for Work and Pensions new powers to make it easier for vulnerable consumers to be protected from unfair energy bills.The cap is part of a package of measures designed to deliver the government’s objective of clean, affordable and innovative energy as part of the Industrial Strategy.Notes to editors: Business and Energy Secretary Greg Clark said: Energy prices for millions of households on default tariffs are still too high. Our new price cap will guarantee that consumers are protected from poor value tariffs and further bring down the £1.4 billion a year consumers have been overpaying. New legislation is being introduced to Parliament later today to cap poor value energy tariffs and save consumers in Wales money on their energy bills.The Domestic Gas and Electricity (Tariff Cap) Bill will put in place a requirement on the independent regulator, Ofgem, to cap energy tariffs until 2020. It will mean an absolute cap can be set on poor value tariffs, protecting the 11 million households in England, Wales and Scotland who are currently on a standard variable or other default energy tariff and who are not protected by existing price caps.The Bill is part of a package of measures being introduced by government to increase competition in the retail energy market and lower prices for consumers, including the rollout of smart meters in every household and initiatives to promote smarter and faster switching.Despite being higher than the national average, last year less than 20% of customers in Wales took up the offer to switch fuel suppliers. Today’s measures will mean that energy companies cannot exceed a certain amount on monthly bills – providing peace of mind to hard working tax payers.The government intends that Ofgem implements the cap as soon as possible so that customers get the protection they need by next winter.Prime Minister Theresa May said: It’s often older people or those on low incomes who are stuck on rip-off energy tariffs, so today we are introducing legislation to force energy companies to change their ways. Our energy price cap will cut bills for millions of families, starting this year. This is another step we are taking to help people make ends meet as we build a country that works for everyone.center_img Energy and Clean Growth Minister Claire Perry said: We are working hard to deliver an energy supply that is clean, affordable and innovative and an energy market that delivers the best possible value and service for energy customers. This new legislation is a big step forward toward that goal. Government response to the Competition Market Authority’s report Modernising the Energy Market can be found here (insert link). Ofgem’s league table and other reports can be found here. Explainer about Ofgem’s existing cap can be found here. Announcement on consultation on better data sharing between DWP and Ofgem found here. The Industrial Strategy sets out a long term plan to boost the productivity and earning power of people throughout the UK. It sets out how we are building a Britain fit for the future – how we will help businesses create better, higher-paying jobs in every part of the UK with investment in skills, industries and infrastructure.last_img read more

Listen To Phish’s Debuts Of ‘Moma,’ ‘Roggae’ & ‘Brian and Robert’ On This Day In 1998

first_imgMuch like this summer, Phish had taken some time to prepare new material ahead of their 1998 summer tour. The new songs would ultimately end up on The Story Of The Ghost, and a tour through Europe would prove the ultimate testing grounds for these new gems. Not only did Phish bring out three brand new songs for the fans who made it to the tour opener in Copenhagen, but they treated fans to a great show in the process.Opening with “Limb by Limb” and “Ghost,” Phish treated fans to an alternate version of their classic tune “Water in the Sky” in the first set. You can hear the excitement at the new interpretation! There was an air of excitement for the first-ever “Roggae” too, a song that would become a staple of live shows. The band also turned a 1997 funk jam into “The Moma Dance,” with Trey Anastasio even going so far as to teach fans the now-forgotten dance that accompanies. After a great second set, the band brought out one more new song, “Brian and Robert,” for the encore.Listen to the full audio of the show, courtesy of fromtheaquarium.You can see the phish.net setlist below.Setlist: Phish at The Grey Hall, Freetown Christiania, Copenhagen, Denmark – 06/30/1998 Set 1: Limb By Limb, Ghost, Water in the Sky[1] > Bouncing Around the Room, Tube, Stash -> Cities, Roggae[2], Guyute, Beauty of My Dreams > Funky Bitch, Train Song, David BowieSet 2: The Moma Dance[2], Birds of a Feather, Wolfman’s Brother -> Frankie Says > Run Like an Antelope, Lawn Boy, Ya Mar, Ha Ha Ha, Mike’s Song -> Swept Away > Steep > Weekapaug GrooveEncore: Brian and Robert[2][1] Debut of “new” faster arrangement.[2] Debut.Notes: This show marked the debuts of Roggae, The Moma Dance, Brian and Robert, and the “new” faster arrangement of Water in the Sky. Ghost included a San-Ho-Zay tease from Trey. Tube contained a Sand tease. The Moma Dance included the band teaching the audience the simplistic “dance” that accompanies the song.last_img read more

Enrique: Skrtel can replace Carra

first_img Press Association He added: “But I train with Martin every day and he is a top centre-back. For me Danny (Agger) and Martin are the best centre-back partnership in the Premier League. “You can have one year good, one year bad. It happened to me. The players who play in the Premier League are there because they have quality and confidence. “It is all about confidence. Martin is an incredible lad and a top player.” One player not short of confidence at the moment is midfielder Philippe Coutinho, who has picked up his second successive player of the month award since arriving in January. The 20-year-old had his best game for the club in the 6-0 demolition of Newcastle just over a week ago but the Brazilian insists there is a lot more to come from him. “Taking into account the voting is done by the supporters, that gives me more confidence on the pitch,” he told liverpoolfc.com. “I have to thank my team-mates and the supporters for their support and I hope to contribute with my performances. “I have been working very hard to be able to adapt very quickly and I think everything is working out very well.” Defender Jose Enrique knows Jamie Carragher’s achievements at Liverpool will stand the test of time but hopes the void he leaves will be filled by a rejuvenated Martin Skrtel.center_img Carragher’s departure has led to plenty of speculation about who will be brought in as a replacement, with Swansea’s Ashley Williams and Ajax’s Toby Alderweireld strongly linked, but Enrique insists the answer lies within – providing Skrtel can be persuaded to stay. “Carra is the type of player who wants to play all the time,” Enrique said. “You cannot say anything about a player who has played more than 700 times. And I know it has been a difficult year for Skrtel because he has not been playing as much but last year he was the best centre-back and this year he is the worst.” last_img read more

Aston Villa expecting confirmation of takeover next week

first_imgAston Villa’s takeover headed by Dr Tony Xia is expected to go through next week. The buyout, believed to be around £75million, could be given the green light by Wednesday, Press Association Sport understands.Xia is expected to meet English Football League (EFL) officials after the weekend to sign off on the deal ahead of official confirmation after passing the owners’ and directors’ test. He will replace Randy Lerner as owner and become the new chairman with Steve Hollis, who joined in January, departing after overseeing an internal restructure. Roberto Di Matteo was appointed Villa’s new manager last week and is yet to face the press as the club wait for Xia’s deal to be rubber-stamped. Once the takeover has gone through the pair are expected to hold a joint conference.Di Matteo replaced Remi Garde, who left in March with the club on the verge of relegation from the Premier League, which was confirmed in April, the first time the club has dropped out of the top flight since 1987. The Italian has been joined by new assistant Steve Clarke, whom he played with at Chelsea, and first-team coach Kevin Bond.His first priority will be to overhaul an under-performing and demoralised squad, with Jordan Ayew and Jordan Amavi, along with a host of squad players, expected to leave ahead of the Sky Bet Championship season. Dr Tony Xia is set to take ownership of Aston Villa 1last_img read more