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Press Centre

Peterborough Energy Press Centre

Welcome to Peterborough Energy press centre. Please find our latest press releases below.

6th June 2017: PETERBOROUGH ENERGY’S PRICE DECREASE AFFECTING NEW & RENEWING CUSTOMERS

PRICING STATEMENT

PETERBOROUGH ENERGY’S PRICE DECREASE AFFECTING NEW & RENEWING CUSTOMERS

06 JUNE 2017: Following a downward shift in wholesale commodity costs, Peterborough Energy today announced an 2.5% (£24) price decrease on its fixed tariff [1]. The move will affect all new and renewing customers signing up to Peterborough Energy’s 12 month pay-monthly Fixed tariff and is largely a reflection of a 6.9% reduction in gas and 20.7% reduction in electricity costs since November.

Following the price decrease, Peterborough Energy’s price for a dual fuel customer will now be £944 [2].

Peterborough Energy reviews its prices on a regular basis, passing back savings to customers whenever possible and this price change largely reflects movement in the cost of supplying energy to its customers over time. This cost reflective pricing sits at the heart of the company’s promise to customers that the deal they are getting from Peterborough Energy will always be fair, transparent and as competitive as possible.

The increase takes effect at 00.01 on 06 June 2017.

 

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Notes:

Today’s price increase is on Peterborough Energy’s Fixed pay-monthly energy plans. Peterborough Energy’s Standard Variable and PAYG (pre-payment) tariffs will not change at this time.  

Price comparisons are made using Peterborough Energy’s cheapest non-Economy 7 dual-fuel tariff at the relevant time (including all available discounts, paying by direct debit in advance and averaged over all available regions) compared to an average of the Big Six Standard Variable dual-fuel tariffs (excluding online discounts, using a variety of payment methods including direct debit and averaged over all available regions).

The “Big Six” are E.ON, SSE, British Gas, Scottish Power, Npower and EDF.

 

[1]  Compared to our current average medium use non-Economy 7, Fixed tariff.

[2] £944 is the annual cost of Peterborough Energy’s fixed 12-month energy plan for a dual-fuel medium user (3,100 kWh electricity, 12,500 kWh gas) paying via any payment method, including VAT, when averaged over the regions in which that tariff is available. Effective 06/06/2017.

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13th March 2017: We're sorry that a Peterborough Energy letter was sent to incorrect postcode areas in error

13th March 2017

We are very sorry that a recent mailing regarding Peterborough Energy was sent to some residents in and around the Peterborough borders in error. Due to a data handling error by the mailing agency, the letter has inadvertently been sent to the wrong postcode areas, and unfortunately you will not be able to sign up to Peterborough Energy as you are out of our catchment area. As a result we will be requesting a full refund. We apologise for any inconvenience caused and rest assured we are working with the agency responsible to ensure that this doesn't happen again.

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21st November 2016: PETERBOROUGH ENERGY’S VARIABLE PRICE INCREASE AFFECTING NEW & RENEWING CUSTOMERS

21st November 2016: Peterborough Energy today announces changes to its Pay Monthly variable tariff with effect from 10th January 2017. This is due to a steady increase in wholesale commodity costs for both electricity and gas. 


The change will involve an 11% increase in our electricity unit rates. At the same time Peterborough Energy is decreasing its standing charge by £5 per year on both gas and electricity to align our variable tariff to the rest of our Pay Monthly fixed tariffs.


This will result in an average increase of £78 per year for dual fuel customers. 


Following the price change, Peterborough Energy’s headline price for a dual fuel customer on its Pay Monthly variable tariff will be £997 (up from £919). This remains cheaper than the average of the current Big Six variable tariffs.


Since 10th June, the forward price of gas has increased by 23% and electricity by 30%. Peterborough Energy reviews its prices on a regular basis and has a strong track record of cost-reflective pricing and passing back savings to customers whenever possible. These principles sit at the heart of the company’s promise to customers that the deal they are getting from Peterborough Energy will always be fair, transparent and as competitive as possible. 
 
The price changes take effect at 00.01 on 10 January 2017.
 
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[1]All workings are based on OFGEM annual average consumption for dual fuel customers. These may vary by region reflecting the cost of distributing energy to different regions.

[2]This based on an average Big Six variable tariff of £1060.56 as at 17 November 2016. 

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4th November 2016: PETERBOROUGH ENERGY’S PRICE INCREASE AFFECTING NEW & RENEWING CUSTOMERS

PRICING STATEMENT

PETERBOROUGH ENERGY’S PRICE INCREASE AFFECTING NEW & RENEWING CUSTOMERS

04 NOVEMBER 2016: Following an upward shift in wholesale commodity costs, Peterborough Energy today announced an 8.8% (£79) price increase on its fixed tariff [1]. The move will affect all new and renewing customers signing up to Peterborough Energy’s 12 month pay-monthly Fixed tariff and is largely a reflection of a 32% uplift in gas and 40% uplift in electricity costs since June.

Following the price increase, Peterborough Energy’s price for a dual fuel customer will now be £968 [2].

Peterborough Energy reviews its prices on a regular basis, passing back savings to customers whenever possible and this price change largely reflects movement in the cost of supplying energy to its customers over time. This cost reflective pricing sits at the heart of the company’s promise to customers that the deal they are getting from Peterborough Energy will always be fair, transparent and as competitive as possible.

The increase takes effect at 00.01 on 04 November 2016.

 

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Notes:

Today’s price increase is on Peterborough Energy’s Fixed pay-monthly energy plans. Peterborough Energy’s Standard Variable and PAYG (pre-payment) tariffs will not change at this time.  

Price comparisons are made using Peterborough Energy’s cheapest non-Economy 7 dual-fuel tariff at the relevant time (including all available discounts, paying by direct debit in advance and averaged over all available regions) compared to an average of the Big Six Standard Variable dual-fuel tariffs (excluding online discounts, using a variety of payment methods including direct debit and averaged over all available regions).

The “Big Six” are E.ON, SSE, British Gas, Scottish Power, Npower and EDF.

 

[1]  Compared to our current average medium use non-Economy 7, Fixed tariff.

[2] £968 is the annual cost of Peterborough Energy’s fixed 12-month energy plan for a dual-fuel medium user (3100 kWh electricity, 12,500 kWh gas) paying via any payment method, including VAT, when averaged over the regions in which that tariff is available. Effective 04/11/2016.

 

 

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23rd August 2016: PETERBOROUGH ENERGY’S PRICE INCREASE AFFECTING NEW AND RENEWING CUSTOMERS

PRICING STATEMENT

PETERBOROUGH ENERGY’S PRICE INCREASE AFFECTING NEW AND RENEWING CUSTOMERS

23 AUGUST 2016: Following an upward shift in wholesale commodity costs, Peterborough Energy today announced a 5% (£43) price increase on its fixed tariff [1]. The move will affect all new and renewing customers signing up to Peterborough Energy’s 12 month pay-monthly Fixed tariff and is largely a reflection of an 8% uplift in gas and 8% uplift in electricity costs over the last month.

Following the price increase, Peterborough Energy’s price for a dual fuel customer will now be £889 [2].

New customers are still expected to save around £155 [3] against an average Big Six Standard Variable tariff.

Peterborough Energy reviews its prices on a regular basis, passing back savings to customers whenever possible and this price change largely reflects movement in the cost of supplying energy to its customers over time. This cost reflective pricing sits at the heart of the company’s promise to customers that the deal they are getting from Peterborough Energy will always be fair, transparent and as competitive as possible.

The increase takes effect at 00.01 on 23 August 2016.

 

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Notes:

Today’s price increase is on Peterborough Energy’s Fixed pay-monthly energy plans. Peterborough Energy’s Standard Variable and PAYG (pre-payment) tariffs will not change at this time.  

Price comparisons are made using Peterborough Energy’s cheapest non-Economy 7 dual-fuel tariff at the relevant time (including all available discounts, paying by direct debit in advance and averaged over all available regions) compared to an average of the Big Six Standard Variable dual-fuel tariffs (excluding online discounts, using a variety of payment methods including direct debit and averaged over all available regions).

The “Big Six” are E.ON, SSE, British Gas, Scottish Power, Npower and EDF.


 

[1]  Compared to our current average medium use non-Economy 7, Fixed tariff.

[2] £889 is the annual cost of Peterborough Energy’s fixed 12-month energy plan for a dual-fuel medium user (3100 kWh electricity, 12,500 kWh gas) paying via any payment method, including VAT, when averaged over the regions in which that tariff is available. Effective 23/08/2016.
[3] Customers on Big 6 variable tariffs will realise these average savings. £155 is the difference between the Peterborough Energy 1 year fixed dual fuel tariff (33% green, all payment methods) and average Big 6 (SSE, npower, British Gas, EDF Energy, E.ON, Scottish Power) standard variable tariffs in regions 10 & 11 for medium usage (3,100kWh electricity, 12,500kWh gas per annum) dual fuel customers on standard credit meters. Correct as at 22/08/2016. Sources: Uswitch Insight

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10th June 2016: PETERBOROUGH ENERGY’S PRICE INCREASE AFFECTING NEW AND RENEWING CUSTOMERS

PRICING STATEMENT
PETERBOROUGH ENERGY’S PRICE INCREASE AFFECTING NEW AND RENEWING CUSTOMERS

10 JUNE 2016: Following an upward shift in wholesale commodity costs, Peterborough Energy today announced a 9.9% (£77) price increase on its fixed tariff*. The move will affect all new and renewing customers signing up to Peterborough Energy’s 12 month pay-monthly Fixed tariff and is largely a reflection of a 23% uplift in gas and 16% uplift in electricity costs over the last month.

Following the price increase, Peterborough Energy’s price for a dual fuel customer will now be £857**.

New customers are still expected to save around £186*** against an average Big Six Standard Variable tariff.

Peterborough Energy reviews its prices on a regular basis, passing back savings to customers whenever possible and this price change largely reflects movement in the cost of supplying energy to its customers over time. This cost reflective pricing sits at the heart of the company’s promise to customers that the deal they are getting from Peterborough Energy will always be fair, transparent and as competitive as possible. 

The increase takes effect at 00.01 on 10 June 2016.

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Notes:
Today’s price increase is on Peterborough Energy’s Fixed pay-monthly energy plans. Peterborough Energy’s Standard Variable and PAYG (pre-payment) tariffs will not change at this time.  

Price comparisons are made using Peterborough Energy’s cheapest non-Economy 7 dual-fuel tariff at the relevant time (including all available discounts, paying by direct debit in advance and averaged over all available regions) compared to an average of the Big Six Standard Variable dual-fuel tariffs (excluding online discounts, using a variety of payment methods including direct debit and averaged over all available regions). 

The “Big Six” are E.ON, SSE, British Gas, Scottish Power, Npower and EDF.


* Compared to our current average medium use non-Economy 7, Fixed tariff.

** £857 is the annual cost of Peterborough Energy’s fixed 12-month energy plan for a dual-fuel medium user (3100 kWh electricity, 12,500 kWh gas) paying via any payment method, including VAT, when averaged over the regions in which that tariff is available. Effective 10/06/2016.

*** Customers on Big 6 variable tariffs will realise these average savings. £186 is the difference between the Peterborough Energy 1 year fixed dual fuel tariff (33% green, all payment methods) and average Big 6 (SSE, npower, British Gas, EDF Energy, E.ON, Scottish Power) standard variable tariffs in regions 10 & 11 for medium usage (3,100kWh electricity, 12,500kWh gas per annum) dual fuel customers on standard credit meters. Correct as at 08/06/2016. Sources: Uswitch Insight


 

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18th January 2016: Price Change

18 JANUARY 2016: Following a downward shift in wholesale commodity costs, Peterborough Energy today announced a 2.86% (£22.94) price decrease on its 12-month fixed energy plan. The move will benefit all customers signing up to Peterborough Energy’s fixed energy plan from 29 April 2015. Variable rates remain unchanged at this time.
 
Following the pricing change, Peterborough Energy’s price for a dual fuel customer on its fixed 12-month energy plan will be £780.13.
 
New customers are now expected to save around £295.51 against an average Big Six Standard Variable Tariff today.
 
In partnership with OVO, Peterborough Energy reviews its prices on a regular basis and this price change largely reflects movement in the cost of supplying energy to its customers over time. This cost reflective pricing sits at the heart of the company’s promise to customers that the deal they are getting from Peterborough Energy will always be fair, transparent and as competitive as possible.
 
All customers will continue to benefit from no exit fees and 33% renewable energy as standard.
 
The increase in the Peterborough Energy Fixed tariff takes effect at 00.01 on 18 January 2016.
 
 
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Green Energy Switch and Peterborough Energy Prize Draw T&Cs

Green Energy Switch and Peterborough Energy Prize Draw T&Cs

1. Prize draw is drawn monthly.
2. Only one entry per prize draw, per household. 
3. All prizes are subject to availability, and Green Energy Switch reserves the right to replace the prize with an alternative product of equal or higher value if necessary at the promoters' discretion. 
4. Prize draws and competitions are only open to UK residents aged 18 years or over. 
5. Winner(s) will be selected at random monthly by an independent judge from all entries received. The judge's decision is final and no correspondence will be entered into. 
6. Winner(s) will be notified by email or telephone (using the details provided at entry) within 2 weeks. Following such notification, the winner will be required to send the Promoter full details of their postal address to which the Prize will be hand delivered or sent by recorded mail. 
7. If Green Energy Switch cannot: (i) contact the winner (via the details provided at the date of entry) within a reasonable period of time (to be established at the Green Energy Switch’s sole discretion); or (ii) the winner does not return details of its postal address to Green Energy Switch within 14 days of notification that they have won the Prize, Green Energy Switch reserves the right to re-draw a winner of the Promotion and thereafter until a winner on these terms is found. 
8. Please allow 28 days for delivery of the Prize. Green Energy Switch accepts no responsibility for the Prize being lost, damaged or delayed in the post. 
9. By entering any of Green Energy Switch prize draws and competitions you agree to having your name, details and photo published online and/or in a future marketing collateral. 
10. Unless otherwise stated, the promoter is Green Energy Switch, 12 Commerce Road, Lynch Wood, Peterborough PE2 6LR. A list of winners will be available at the above address. 

 

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