While all businesses could save thousands on their business energy bills just by reducing their consumption and switching suppliers, it’s never been more important than in a hairdressing salon. A typical hairdresser’s salon consumes around 40,000kWh of electricity every year thanks to all of the electrical hairdressing equipment and hot water they use. That’s an average […]
Record number of energy switches in 2015
A record 3.8 million people switched energy supplier in 2015 which was a whopping 0.6 million more than in 2014. It just goes to show that consumers are becoming more and more savvy with their bills and less likely to remain loyal to suppliers that penalise long-term customers with high rates. Lawrence Slade, chief executive of Energy […]
What do Rudd’s new energy policies mean for your business?
Energy and Climate Change Secretary Amber Rudd has announced the new energy policy ‘reset’ declaring that energy security is her “number one priority.” Rudd has declared plans to phase out all unabated coal-fired power plants by 2025 and expand the development of clean energy technology. While this seems like a positive step, it was quickly […]
Collective energy switch tariffs must be included say Ofgem
Energy suppliers must publicise collective switch tariffs from now on in the Cheapest Tariff Message (CTM), thanks to new Ofgem rulings. The CTM is already an existing requirement that bills and annual statements should include information about the cheapest tariffs available and how much customers could save by switching to them. Collective switches are generally […]
Energy prices rise with blackout threats
As the threat of blackouts become more likely this winter, UK energy generators could be taking advantage of the opportunity to inflate market prices to astronomical figures. National Grid will be calling upon reserve capacity and back up power plants this winter to ensure a secure power supply for the UK. Wholesale power prices typically […]
EON pay for missing advanced meter deadline
Bad news for E.ON as they have had to fork out £7 million to the Carbon Trust after they were investigated by Ofgem for failing to meet their advanced metering rollout obligations. All suppliers were advised by the government in 2009, that they must rollout advanced gas and electricity meters to large non-domestic customers by […]
A record-breaking 39 business energy suppliers on the market
With the government and consumers taking a renewed interest in the energy industry, new entrants have boosted the number of business energy suppliers up to 39 – a new record. With seven new companies entering the market, the competition in both the gas and electricity markets has ramped up. Axpo, Yu Energy, Economy Energy, D-Energi, […]