We’ve seen the gradual introduction of half hourly meters giving customers the opportunity to be charged in the most accurate way according to their usage. Half hourly meter readings will now become mandatory for mid-sized non-domestic customers by April 2016. Ofgem legislation requires all maximum demand meters within profile class 5-8 which have an automatic […]
Consumers care more about the environment than their bills
A survey of UK energy users has revealed interesting news that almost half of people surveyed (43%) would rather reduce their carbon footprint than their energy bills. Not good news for Amber Rudd who has been focussing her energies onto pressurising suppliers to reduce prices while cutting wind farm subsidies. Head of the Institution of […]
SSE signs five-year gas deal with Statoil of Norway
SSE has increased its Norwegian gas imports fivefold after agreeing to buy almost a third of its overall supply from Norwegian company Statoil. They’ve struck a five-year deal for the supply of 2.5 billion cubic metres of gas per year from Norway. They are just another of our energy giants leaning on Norwegian imports in […]
2-Step Quick Quote for Energy Price Comparison
Independent business gas and electricity broker, Business Juice has introduced a “2-Step Quick Quote” feature on its website in order to make energy price comparison quick, easy and informative for companies who are reviewing their gas or electricity costs. The rising price of utilities can be a major influence on a business’s bottom line, but […]
Big Six told to reduce energy costs by Rudd
Bad news for energy suppliers as new energy secretary Amber Rudd has demanded the Big Six cut their energy prices. We’re sure it’s come as a shock to the Big Six as they only recently breathed a sigh of relief at the downfall of the Labour party and their proposed price freeze. Rudd has apparently […]
Tories take the wind out of SNP’s sails with subsidy cuts
The Conservative government is due to shut down the current wind subsidy scheme earlier than expected, effectively preventing the development of thousands of turbines, under plans being considered by Amber Rudd. It seems the Conservatives are making good on their manifesto pledge to end any new public subsidy for onshore wind farms – amid concerns that […]
Bye bye to Ofgem’s SMI
We’d predicted it wouldn’t be long before people caught on to Ofgem’s dodgy supply market indicator (SMI) reports. The SMI aimed to provide a 12-month forward view of cost trends using the average annual consumer bill and estimates of the annual cost per customer to the supplier, including wholesale commodity and policy costs. Excellent news […]
Blue Energy buys trio of windfarm developments off SSE
SSE is selling three of its Scottish wind farm developments for an undisclosed sum to renewable energy developer Blue Energy. Blue Energy has taken over ownership and the projects are believed to have a combined installed capacity of up to 98.7MW when constructed. Martin Pibworth, SSE’s Managing Director, Wholesale, said: “We are pleased to confirm […]
UK Energy’s Future: Fracking, Wind or Nuclear?
With growing concerns over ‘energy security’ amidst the imminent closures of coal-fired power stations, the effective moratorium on nuclear and the cynical view of renewables, fracking, in itself hugely controversial, has come to the forefront of public discussion with strong arguments on both sides of the debate. Yorkshire has been at the centre of discussion […]
Safeguarding the future of UK electricity supply
With rising concerns over potential blackouts, the government has introduced new measures to ensure a reliable UK electricity supply whilst reducing carbon emissions at a cost efficient level for customers. New legislation is called Electricity Market Reform (EMR) and includes incentive schemes to generate low carbon and reliable electricity supplies. Essentially, this means replacing older […]