The Competition and Markets Authority (CMA) has overturned its decision to hold back the results of its investigation into Ofgem’s network price controls in a bid to keep the public informed of all factors affecting energy prices. The CMA quickly backtracked after a warning from former Energy and Climate Change Committee chair Tim Yeo with […]
Service Mentioned Most in Business Juice Testimonials
Sometimes a picture summarises things really beautifully… That’s why we’re delighted to see that in all the client testimonials and feedbacks we’ve received about Business Juice, “service” is the word which is mentioned most frequently – closely followed by “best”. Business Juice is an independent electricity and gas broker which deals exclusively with companies. The business […]
Off-peak business electricity will be cheaper say Ofgem
With the impending arrival of P272 and P322 legislation, businesses of a certain profile will be required to install a half hourly meter. For more on this, have a look at our article on P322 and P272. While contract fees for maintenance and data collection may be a chore, it will give your business some real insight […]
Gas distribution charges to decrease over next six years
Great news for consumers as Ofgem has predicted a 5.5% drop in gas distribution charges by 2021 bringing average payments down from £141 to £133. Ofgem reported that gas distribution companies had so far “outperformed” their allowances under RIIO-GD1, by carrying out services for lower than the price control allowed. They will therefore be in […]
New energy bill to be implemented
Energy Secretary Amber Rudd has taken her first steps towards reforming energy legislation by announcing plans in the House of Lords. The Energy Bill will set out the plans for onshore wind farms, new schemes and local council involvement. Rudd has given local communities the power to veto planning propositions to ensure residents have “the […]
P272 delayed due to unorganised smart meter rollout
Half-hourly metering for business customers, under the P272 legislation, has been delayed by a year to April 2017 after Npower requested a modification to how sites are migrated to half-hourly settlement. Npower has expressed concern over the lack of co-ordination with regard to the rollout of domestic smart meters, Nexus gas system and half-hourly metering for […]
Energy prices at lows not seen since 2010
The market price of UK gas has plummeted to costs seen back in 2010 as pressure is mounting to reduce energy bills. Wholesale gas averaged 47.1 pence per therm, the lowest quarterly average since Q1 2010. The falling oil price down to US fracking and reduced demand in Asia is seen to be a contributing […]
Gas cut in Ukraine goes mostly unnoticed
Gas supply talks between Russia and Ukraine failed after they were unable to agreed on a price at the end of their contract leading to a little known about supply cut in the latter. Ukraine failed to make an advance payment for July deliveries, and Gazprom “won’t deliver gas to Ukraine at any price without […]
Online Approval for Energy Switching Administration
Leading UK business energy broker Business Juice has launched a new online approval system for their Letter of Authority. This item enables their clients to quickly, efficiently and securely give their approval for Business Juice’s Energy Experts to contact energy suppliers on their behalf. James Constant, Business Juice’s CEO explains the rationale behind the development of […]
Renewables no longer exempt from CCL announces Osborne
The summer budget has been released and while many businesses will be rejoicing at lower corporation taxes and a fuel duty price freeze, they won’t be as happy to see that renewable energy is no longer exempt from Climate Change Levies (CCL). Check out the official government document here. Suppliers will now have to pay […]