There have always been more reasons to shop around for your business energy than not however nPower have taken things to extreme proportions. Giving 500 million reasons why being very careful who supplies your energy and at what cost is essential. This particular tale involves a couple who had switched energy supplier, choosing to move […]
Renewables Eclipse 16% in Fuel Mix Disclosure
2013/14 Statistics The Conservative party’s energy bête noire has driven a 48% increase in the share of renewable energy in the UK’s generation mix. Those are the findings of the 2013/14 Fuel Mix Disclosure. The latest instalment in DECC’s Fuel Mix statistics showed that in 2013/14 there was a 27% increase in onshore wind capacity, […]
Ofgem Price Control Settlement
News prompts self congratulation and forlorn hope Ofgem have announced their latest price control settlement for the maintenance and upgrade of the UK’s electricity distribution networks. In announcing a £17bn budget for the period 2015 to 2023, Ofgem trumpeted this was a major achievement: that this was lower than the spending currently allowed that this […]
CMA Investigation Initial Statement
Competition and Markets Authority Whilst being mindful not to prejudge the outcome, Roger Witcomb, chairman of a five-strong panel of competition experts appointed by the CMA to investigate the energy market has laid bare the fundamental concerns that exist about the current UK energy market. Whilst cautioning that they were “topics for investigation and are […]
New Infographic to Explain the Business Electricity Contracts
UK Energy Broker Business Juice is committed to helping its clients save money by making business electricity easy to understand with clear and open communication. Now the company has created an eye-catching infographic, to help explain the potentially complex process of changing contracts. The business electricity market and company contracts can be complex matters. Now […]
Ofgem Neglect of Business Energy Customers Escalates
Ofgem’s neglect of business energy customers escalates yet again In late July Ofgem announced the final stage of its ‘Statutory consultation on non-domestic automatic rollovers and contract renewals’ Despite this announcement receiving little fanfare and far less media scrutiny compared to the Competition and Markets Authority investigation into the energy sector, the consultation should have […]
Fracking for Good
Matthew Hancock, the newly appointed energy minister this week announced that the UK was once again open for business for fracking, the controversial technique for gas extraction. Fracking involves pumping water, sand and chemicals into the ground at high pressure to hydraulically fracture shale rocks and extract oil and gas trapped within them. As part […]
SSE and UKPN Fined for Power Cuts
Belated Christmas Presents ? SSE’s electricity distribution arm and UK Power Networks, the pylon and wire owners for 17m customers across the South East, London, Southern England, Eastern England and Northern Scotland have been fined for the extended power cuts that affected nearly 1m customers over Christmas 2013. Announcing the fines, Ofgem signalled a zero […]
Latest Ofgem SMI Controversy
Supply Market Indicators Normally our review of the latest Ofgem Supply Market Indicators is a dry affair with us generally underlining the prevalence of government levies and network upgrade costs as key drivers of the energy price. We often also point out that Ofgem’s obsession with supplier profit is unhealthy and at times misleading. This […]
Inundated Green Deal Closes Early
The rise of the slow starter The green deal, mocked for its ineffectiveness, low take up and failure to register with the public has been transformed in its current iteration to such a degree that it has failed once again. This time the cause was its unexpected success. The original scheme offered high-interest loans to […]