Electricity price surges could boost solar market
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Putting the greens back in the green Rising electricity prices could be good news for the UK's fledgling solar power industry, according to a report from ENF, a solar power broker and market research group.â¦
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Energy customers are urged to switch suppliers after Npower follows the lead of rival British Gas by announcing big price increases.
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A new solar breakthrough could expand a subsidiary's business.
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More than 6m households face a 15% jump in fuel bills from today after Britain's fourth largest energy supplier, npower, confirmed details of its plans to raise prices. Competitors are widely expected to follow suit, marking a return of annual fuel bills of more than Â£1,000.
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British Gas announces that it will increase its electricity and gas prices by 15%.
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Centrica PLC, the country's largest supplier of gas and electricity, raised consumer energy prices Monday in response to soaring wholesale costs.
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Oilâs $100-a-barrel price flirtation suggests that traders will see more of the escalation in energy markets that marked the final months of 2007.
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Shares in E.ON, Germany's biggest power supplier, were higher on the Frankfurt stock exchange after the group announced at the weekend that it was raising its offer for Spanish electricity supplier Endesa.
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Investors who have seen energy prices   rocket due to scarce supplies are starting to wager that   forecasted shortages will cause the value of water to   skyrocket, offering big gains to companies active in the   sector.
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Blaming recent run-ups in the prices of natural gas and oil, Massachusetts Electric Co. sought permission yesterday to raise rates by nearly 10 percent for 425,000 of its customers starting in November.
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SAN FRANCISCO (CBS.MW) -- Strength in heating-oil and natural-gas futures led an overall climb among energy prices for a second session Tuesday, as cold US weather sparked concerns over heating-fuel supplies for the winter season.
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The European market is hot, so the solar technology company plans to expand there.
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A push into the solar sector could benefit the company.
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With climbing oil prices and predictions for a cold winter, more US companies embrace alternative energy practices.
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Surging energy costs drove U.S.  consumer prices up a hefty and larger-than-expected 0.6 percent  last month, the biggest jump since May, while housing starts  showed the most strength since December, government reports  showed on Wednesday.
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Business & money: British Gas owne signals that household energy bills could have to rise in the new year
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Npower raises electricity prices by 12.7% and gas bills by 17.2%, blaming higher wholesale costs.