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British Gas has set up a free-standing business to lead the company’s
efforts to provide low-carbon products and services to customers.
The business, British Gas New Energy, will show customers how to make their homes and businesses ‘greener’ and will offer them products and services such as solar heating panels and energy efficiency advice.
British Gas, which is owned by Centrica and is the UK’s biggest household energy supplier, says the new company will take ‘some time’ to make a profit but it should eventually be worth ‘several billion pounds’ as it develops and markets next-generation products such as domestic boilers that could reduce household carbon emissions by up to half.
British Gas also recently introduced a ‘social tariff’ for an estimated 750,000 of its most vulnerable customers. The Essentials tariff, which will typically cut bills by a quarter, is for customers on state benefits such as pension credit, disability living allowance and child tax credit. It gives poorer customers with limited banking facilities a reduced rate similar to that offered to people who pay their bills by direct debit.
The company will work with charities to find and contact customers who might qualify.
The UK-based National Energy Action charity welcomed the new concession but argued that it had been prompted partly by customer flight triggered by high prices.
‘Many decided to switch away from British Gas last year, with its market share dropping for the first time below the 50 per cent mark,’ it said.
The business, British Gas New Energy, will show customers how to make their homes and businesses ‘greener’ and will offer them products and services such as solar heating panels and energy efficiency advice.
British Gas, which is owned by Centrica and is the UK’s biggest household energy supplier, says the new company will take ‘some time’ to make a profit but it should eventually be worth ‘several billion pounds’ as it develops and markets next-generation products such as domestic boilers that could reduce household carbon emissions by up to half.
British Gas also recently introduced a ‘social tariff’ for an estimated 750,000 of its most vulnerable customers. The Essentials tariff, which will typically cut bills by a quarter, is for customers on state benefits such as pension credit, disability living allowance and child tax credit. It gives poorer customers with limited banking facilities a reduced rate similar to that offered to people who pay their bills by direct debit.
The company will work with charities to find and contact customers who might qualify.
The UK-based National Energy Action charity welcomed the new concession but argued that it had been prompted partly by customer flight triggered by high prices.
‘Many decided to switch away from British Gas last year, with its market share dropping for the first time below the 50 per cent mark,’ it said.
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