Paying more because of your postal code
It revealed that prices for gas and electricity can vary by an average of £100 according to where you live.
"While suppliers choose to target ultra-competitive online plans regionally we will see a postcode lottery. Regional pricing is a key part of the competitive battlefield," says uSwitch's Ann Robinson, right.
ScottishPower had the biggest inconsistency, charging up to £189 extra for customers living in different areas, despite their being on the same energy plan, paying in the same way and using the same amount of energy.
The most expensive place to live energy-wise is Cardiff, where online customers pay £949 a year on average, while Nottingham is the cheapest with an average of £855 for online tariffs.
This discrepancy, uSwitch says, has been commonplace on standard energy plans but is now affecting online customers. Going online is still the cheapest way to pay for energy, but, says Ms Robinson: "The key thing is for consumers to minimise the impact, by making sure they move to the most competitive plan with the most competitive supplier in their region."
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Peterborough Distribution sold to Hydro One for $105 million.
PETERBOROUGH - The City of Peterborough said Wednesday it has agreed to sell Peterborough Distribution Inc. to Hydro One for $105 million.
The deal requires the approval of the Ontario Energy Board.
According to the city, the deal includes a one per cent distribution rate reduction and a five-year freeze in distribution rates for customers, plus:
- A second five-year period with distribution rate increases limited to inflation and an earnings sharing mechanism to offset rates in year 11 and onward
- Protections for PDI employees with employees receiving employment offers to move to Hydro One
- A sale price of $105 million
- An agreement to develop a regional…
