What We Use To Make Electricity In the first of a series of posts on the history of electricity in the UK, we’re looking at the fuels used to generate our electricity, now and in the past. It’s about more than just fuel though – it tells us a lot about how technology and our […]
Scottish Power end contract rollover
Scottish Power complete the line-up to end contract rollover for the big six No sooner had the Federation of Small Businesses called upon Scottish Power to join the move to end automatic contract rollover for business energy contracts, they did just that, announcing that changes to their contracts will take place from April 2014 for […]
Five of the Big 6 ends the energy rollover
Five of the Big 6 suppliers have ended the rollover nightmare for business energy consumers. For years, business energy consumers have been threatened with the automatic rollover onto new contracts at the end of their fixed term period if they do not terminate or accept the renewal rates offered to them. This scandal has cost […]
5 ways the business energy market has evolved
Guest Post by Robert Buckley In the latest of our guest blogs, Robert Buckley, Director of energy consultancy Cornwall Energy tackles the evolution of the business energy market. Energy supplier, GDF SUEZ Energy UK, recently hosted an event on business energy market where I discussed how the terms of trade for businesses have changed in […]
MPs call for greater transparency in energy industry
MPs today called for the energy industry to receive further scrutiny and forcible transparency over the cost of energy generation and the prices being passed on to consumers. Ofgem has been at the centre of the outcry. It is felt that the regulator is not doing enough to encourage “greater transparency and competition” within the […]
Update on Ofgem Retail Market Review
Since 2011, Ofgem have been developing their Retail Market Review (RMR) “to encourage and equip consumers to engage effectively so they can get the best deal from the energy market.” Policy Overview The latest consultation, in March of this year, set out the Gas and Electricity Markets Authority’s policies following extensive consultation with suppliers, consumer […]
Open Letter to UK Businesses
Congratulations and cautious optimism for UK businesses An Open letter to UK businesses from James Constant, CEO of Business Juice Dear Editor, Over the last 18 months we have been working hard with Ofgem, DECC, the energy suppliers and fellow intermediaries to attempt to improve the experience of the energy market for businesses. It has […]
Momentum gathers to halt auto-rollover of business energy contracts
E.ON may have championed the cause to protect business energy customers from automatically rolling over contracts at the end of their fixed term period. But British Gas is quickest out the blocks as the first Big 6 supplier to actually commit to an end to auto rollover. British Gas Business released a statement earlier today […]
E.ON Calls for End to SME Rollovers
E.ON calls for industry-wide approach to ending automatic rollover contracts for SMEs E.ON is urging all UK energy providers to support its call for an industry-wide end to the process of automatically renewing fixed term contracts for small businesses. A consultation with customers found that 86% of small business customers would prefer to negotiate a new contract […]
Is 7.5% Green Deal good for a business loan?
Does 7.5% look like a good deal on a business loan to you? Currently, a competitive business loan will come in at around 8% APR – so 7.5% might not sound too bad. However, when the Energy Secretary, Ed Davey, suggested that this could be the rate of interest for Green Deal loans, it prompted a […]