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 […]
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 […]
CMA to deliver verdict on energy market investigation
The Competition and Markets Authority will announce the provisional findings of its energy market investigation today. The full and final report however is not expected until the end of the year. Initial findings show that despite popular opinion, the big 6 will not be dismantled. It was claimed that the larger firms were in collusion to […]
Demand-side response is the future say National Grid
With demand-side response (DSR) being cast aside in recent months with the introduction of other energy market reforms and policies, it comes as a surprise that it’s now back in the limelight. Demand side response is the scheme where customers are incentivized financially to lower or shift their electricity use at peak times. This helps […]
Electricity customers hitting the switch in 2015
Over 1.5 million customers have switched their electricity supplier so far in 2015 according to Energy UK. Switching rates hit record highs earlier this year after a governmental ‘Power to Switch’ campaign. The campaign advised consumers that they could be saving around £200 a year by switching helping raise awareness of the deals that are […]
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 […]
Which? claims energy price falls too little
Another day, another round of energy attacks from our politicians. Thank the good lord we are not a high street chemist. The latest lambasting of the Big 6 energy suppliers came from price comparison website (or consumer champion depending on who you listen to) Which? Which? have done an Ofgem and collated their ‘own’ SMI. […]