Good news from Ofgem as they’ve released new rulings to ensure that energy contract renewals will finally get easier for microbusinesses. See the full factsheet here. Long have we been baffled by Ofgem’s confusing definitions of microbusinesses and the different rules they abide by. Just to clarify, your company is a micro business if it: […]
British Gas announce 5% cut on gas prices
It seems that the government’s call for cheaper gas prices hasn’t fallen on deaf ears. British Gas has announced it will cut its domestic gas prices by up to 5%. This will come into force towards the end of August and should reduce consumers bills by an average of £35 a year. British Gas managing […]
New Bureau Services to Help Companies Manage Business Energy
Leading UK business energy broker Business Juice has launched new ‘Bureau Services’ designed to take on the tiresome administration of managing company energy contracts. The service even extends to managing issues, problems and complaints, should they arise; saving their clients a lot of time and frustration. While the business gas and electricity market may appear […]
Potential winter blackouts as electricity supplies get tighter
Fears that blackouts could be a possibility this winter have spurred on National Grid to buy more power from generators and invest in demand-side response as electricity capacity margins are the lowest they’ve been since 2007 after several power station closures. National Grid director of market operation Cordi O’Hara explains: “It is clear that electricity […]
Key Facts Statement Update in Advance of Anniversary
As Business Juice approaches the first anniversary of its ground-breaking Key Facts Statement, the Company has issued an update on its performance. Business Juice has issued over 4,000 Key Facts Statements since launching last year, with full facts and figures for full and open disclosure. The innovative Key Facts Statement clearly, yet comprehensively, lays out the […]
Paying too much for your energy? Don’t blame suppliers
Suppliers have been in the firing line again with the news that the Big Six have creamed off an extra £1bn every year from customers. But can you blame them? If you’d paid more for your holiday than the chap in the room next door, would you be banging on the travel agents door demanding […]
SMEs need educating about smart meter benefits
Smart Energy GB, the campaign group for the national smart meter rollout has warned that micro businesses are not reaping the benefits of smart meters because they aren’t fully informed. Only 5% have proactively requested a smart meter with others seemingly suspicious of the new technology. Reluctance is reportedly down to perceived disruption to business […]
Iranian oil soon to be back on the market
It looks like Iranian oil will soon be back on the market. The EU banned the import, purchase and transport of Iranian crude oil and natural gas as well as stopping European companies from insuring Iranian oil shipments in 2012. This embargo was a bid to stop Iran’s nuclear programme. But fresh from a long […]
Climate change doesn’t have to cost the earth
Economic growth no longer has to have a detrimental effect on global warming a new report shows. With renewable energy costs coming down, countries should be better placed to cut greenhouse gas emissions without denting economic growth. Up to 96% of the emissions cuts needed to prevent risky global warming could be achieved by 2030 […]
Complaints about energy suppliers rocket
Energy complaints to the Ombudsman Services have more than doubled since last year. It said the rise in complaints “follows a turbulent year for the energy industry, with mounting consumer dissatisfaction, market investigations and Ofgem imposed sanctions.” Not good news for the supplier’s reputations but worse still, it’s hitting their pockets with average compensation sitting […]