Businesses could make money from signing up to the demand side response (DSR) scheme yet 75% haven’t enrolled as they don’t know enough about it. DSR is a scheme that contacts businesses at times of high energy demand, asking them to lower or stop using their electricity at peak times to take the pressure off […]
Energy supplier’s P322 half-hourly meter installation plans
Distribution network operators (DNO) are urging energy suppliers to get their plans into motion with regard to the migration of business customers to half-hourly meters, as they are yet to see proposals from all suppliers. Balancing and Settlement Code P322 rulings require that businesses in profile classes 5-8 must be switched to half-hourly metering before […]
Energy UK poaches Director of Energy from Citizen’s Advice
Audrey Gallacher, the current Director of Energy for the Citizen’s Advice Bureau (CAB) is set to join Energy UK as Director of Energy Supply in early 2016. The spotlight has focussed heavily on the energy industry this year with concerns over blackouts and diminishing energy supplies to CMA-led investigations over supplier pricing and monopolisation of […]
40% drop in coal-fired power affects business energy prices
After Amber Rudd’s announcement to close all coal-fired power plants by 2025 in line with her energy policy ‘reset’, the UK has already made headway with a 40% fall in generation levels since last year. “It cannot be satisfactory for an advanced economy like the UK to be relying on polluting, carbon intensive 50-year-old coal-fired […]
Government spending review’s effect on business energy bills
Osborne has announced the Autumn spending review with some controversial changes to energy policies. The DECC’s budget is set to drop 22% over the next four years meaning hundreds of job losses. Osborne announced: “DECC will deliver £220m of resource savings by 2019-20 through efficiencies from pooling back office and corporate services, and reducing the […]
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 […]
The energy supplier winter advertising battle
With a growing number of energy suppliers these days, they’re finding it harder and harder to distinguish themselves from the rest of the pack. So while the temperatures are dropping and the dark days are drawing in, suppliers are thrashing it out to boost their customer numbers, with advertising at the core of their strategy. […]
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 […]
Gas demand to rise 31%. Energy prices surge
As the temperature drops across Western Europe, LDC gas demand is set to rise by 31% over the next week. After a few months of warmer-than-average weather, heating demand has been stilted yet the Met Office advises that colder temperatures are closing in with a surge in demand set to raise gas market prices. “Colder […]
UK fracking on the rise but not in Scotland
It seems that government backing has helped to ramp up fracking planning as applications have risen. Ken Cronin, chief executive of UK Onshore Oil and Gas (UKOOG) has announced that he has “seen a significant increase in applications happening around the UK over the course of the last two or three months”. David Cameron has made […]