{"id":65122,"date":"2017-09-01T00:21:31","date_gmt":"2017-08-31T17:21:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/profit-margins-at-big-six-energy-firms-hit-highest-level-on-record\/"},"modified":"2017-09-01T00:39:38","modified_gmt":"2017-08-31T17:39:38","slug":"profit-margins-at-big-six-energy-firms-hit-highest-level-on-record","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/profit-margins-at-big-six-energy-firms-hit-highest-level-on-record\/","title":{"rendered":"Profit margins at big six energy firms hit highest level on record"},"content":{"rendered":"


\nAverage pre-tax margin rose to 4.48% in 2016 despite falling wholesale and environmental costs, says Ofgem data \u2013 weeks after British Gas raised pricesProfit margins at the big six energy providers have hit the highest level on record, according to regulator Ofgem, in data that comes just weeks after British Gas raised some prices by 12.5%.The Ofgem data reveals that the average pre-tax margin among the major power companies rose to 4.48% in 2016, up from 4.15% the year before and just 0.89% in 2009, when the regulator first began collecting figures. Continue reading…
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\nSource : theguardian.com
\nRead more…Profit margins at big six energy firms hit highest level on record<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Average pre-tax margin rose to 4.48% in 2016 despite falling wholesale and environmental costs, says...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-65122","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-gWm","jetpack-related-posts":[{"id":82168,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ofgem-seeks-tougher-price-controls-on-energy-firms\/","url_meta":{"origin":65122,"position":0},"title":"Ofgem seeks tougher price controls on energy firms","date":"March 7, 2018","format":false,"excerpt":"\r Plan would hit gas and electricity networks\u2019 returns and save \u00a35bn for consumers, says watchdogOfgem has signalled tougher price controls for energy firms that could knock up to \u00a325 a year off the average household gas and electricity bill.Under the proposed new rules, due to come into force in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46889,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/switch-hitch-ofgem-to-look-into-improper-exit-fee-allegations\/","url_meta":{"origin":65122,"position":1},"title":"Switch hitch: Ofgem to look into improper exit-fee allegations","date":"March 6, 2017","format":false,"excerpt":"\r Npower, British Gas and E.ON allegedly told people they could be charged for switching supplier at the end of a fixed tariffOfgem is looking into allegations that energy suppliers have wrongly threatened to impose exit fees on householders switching away from them.The energy regulator confirmed it was talking to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59633,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/energy-regulator-ofgem-proposes-price-cap-for-vulnerable-customers\/","url_meta":{"origin":65122,"position":2},"title":"Energy regulator Ofgem proposes price cap for vulnerable customers","date":"July 3, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Energy regulator Ofgem proposes price cap for vulnerable customers","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tory-energy-bill-cap-will-save-families-100-damian-green-says\/","url_meta":{"origin":65122,"position":3},"title":"Tory energy bill cap will save families \u00a3100, Damian Green says","date":"April 23, 2017","format":false,"excerpt":"\r Work and pensions secretary says Ofgem will be empowered to set maximum prices that gas and electricity firms can chargeThe Conservatives will cap energy bills with savings of around \u00a3100 per family, the work and pensions secretary, Damian Green, has said - a near-identical policy to that Ed Miliband\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71430,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/legal-costs-capped-for-those-who-cant-pay-energy-bills\/","url_meta":{"origin":65122,"position":4},"title":"Legal costs capped for those who can't pay energy bills","date":"November 10, 2017","format":false,"excerpt":"\r Charges incurred by gas and electricity companies limited to \u00a3150 after Ofgem rules to protect improverished customersGas and electricity customers who have fallen so far behind with their payments that they are forced to have a prepayment meter, are to have their court and legal charges capped at \u00a3150\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26884,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/complaints-handling-by-energy-suppliers-has-got-worse\/","url_meta":{"origin":65122,"position":5},"title":"Complaints handling by energy suppliers has got worse","date":"September 22, 2016","format":false,"excerpt":"\r Scottish Power, npower and First Utility bottom for customer satisfaction, Ofgem findsThe way energy suppliers dealt with serious customer complaints deteriorated over the past two years, according to Ofgem, which named npower, Scottish Power and First Utility as the worst offenders. The energy regulator said that while complaints to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/65122"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=65122"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/65122\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=65122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=65122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=65122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}