Extra Energy
| Use attributes for filter ! | |
| Headquarters location | Birmingham, United Kingdom |
|---|---|
| Founded | 2014 |
| Type of business | Utility company |
| Key person | Moti Ben-Moshe |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2393582 |
About Extra Energy
Extra Energy Supply Ltd was an independent retail energy supplier based in Birmingham, England. It supplied gas and electricity to domestic and small business customers. Extra Energy is part of Extra Holding, which operates in industries including telecoms, travel, insurance and energy.
Food prices in first monthly fall for two years
......
Petrol prices rise for fourth month in a row - RAC
......
Fuel price rises push up cost of full tank by around £4
......
Fuel retailers urged to back government price sharing scheme
......
Royal Navy F-35 pilot tells of ejecting seconds before crash
... " Training kicked in but there was an Extra Energy and urgency to the sailors execution of their emergency procedures...
Climate change: Hidden emissions in liquid gas imports threaten targets
... While the emissions from burning the gas are the same whether it s piped or in liquid form, the Extra Energy involved in making and transporting the liquid is significant...
Fuel cost: How to save petrol and diesel
... Extra Energy is needed to power a car s air conditioning system and turning it on can increase your fuel consumption by up to 10% according to the AA...
What is the UK's inflation rate and why is the cost of living going up?
... This means higher bills for householders, and for businesses, many of whom will pass on some or all of the Extra Energy costs to their customersShortages of many goods, including building materials and computer chips, are causing supply problems and pushing up pricesGovernment support to businesses during the pandemic - like reduced VAT for hospitality - has endedBusinesses are struggling to recruit lorry drivers and hospitality staff...
Fuel price rises push up cost of full tank by around £4
Motorists faced a " shock" in August after fuel price rises that were among the biggest in More Than two decades, the RAC has said.
Petrol prices rose nearly 7p per litre, pushing up the cost of filling a tank by £3. 74.
Diesel went up 8p, making filling a tank cost £4. 41 more, the motoring organisation said.
But the RAC, representing drivers, said fuel retailers were not increasing The Profit they were making.
" August was a big shock to drivers as they had grown used to seeing far lower prices than Last Summer 's record highs, " said the RAC's fuel spokesman Simon Williams .
But He Said a recent investigation by The Competition regulator appeared to be making retailers more cautious about raising prices further than necessary.
" They have clearly been influenced by The Competition and Markets Authority's investigation as, all of a sudden, margins are Once Again closer to their longer-term averages, " Mr Williams said.
A CMA investigation earlier this year found that weak competition meant supermarket margins on fuel had increased, resulting in extra costs for drivers. As a result to allow motorists to compare live fuel prices online.
Mr Williams said he believed retailers were using August's rise in the wholesale cost of fuel to " subtly cover their tracks" because reducing prices at the pumps immediately following The Competition investigation would have been " far too obvious a step".
UK pump prices rose steeply during 2021 and The First half of 2022, driven by Russia's invasion of Ukraine. Prices Fell Back in late 2022 and The First half of this year, before this recent uptick.
Earlier this year Opec+, The Group of oil-producing nations which meets regularly to determine whether to increase or decrease production, agreed to reduce supply. As a result the oil price has risen by nearly $12 a barrel to nearly $87.
The average price of unleaded petrol was 152. 25p at The End of August. A litre of diesel cost 154. 37p.
The RAC said the petrol price rise was the fifth largest monthly rise for 23 years, exceeded by a steep rise in October 2021 as the global economy reopened after the pandemic and three sharp monthly rises in early 2022 after Russia invaded Ukraine.
Diesel's monthly rise was The Sixth largest in The Past 23 years.
How To save money on petrol and dieselRelated TopicsSource of news: bbc.com
