Businesses are changing to half hourly meters under new legislation due to be enforced in the next couple of years and can expect to be charged for their contracts. While the implementation date for half-hourly charging under P272 has been delayed by a year until April 2017, businesses will start to be transferred from November […]
Avoid costly rollover business energy rates
It pays to keep an eye on your energy contract end dates as thousands of gas and electricity customers run the risk of rolling onto dastardly out-of-contract rates at the end of April. While most suppliers require 30 days notice to terminate a contract, some require a huge 90 days notice so you may already […]
New Minimum Energy Performance Standards for non-domestic landlords
New rulings dictate that all privately rented non-domestic properties with an EPC rating must meet Minimum Energy Performance Standards (MEPS) in order to continue letting. While the final regulations have not yet been announced, new regulations are due to be enforced under the Energy Act 2011 from April 2018. This is the next step in […]
Domestic energy prices fall. Will business rates follow?
It seems that the government’s call for cheaper gas prices hasn’t fallen on deaf ears. A host of suppliers including Eon and First Utility have dropped prices, with SSE being the latest to announce it will cut its domestic gas prices by an average 5.3% on their standard tariff. This will come into force towards the end […]
Business energy brokers – the real story
As more and more Third Party Intermediaries (TPI) enter the energy market, the competition is becoming ever tougher. Worryingly, the techniques used by some brokers are often underhand in order to gain business leaving some of the more transparent TPIs in the dust. We give you the low down on the different business structures and techniques […]
Independent energy suppliers overtake Big Six
The number of customer service complaints have rocketed for the larger suppliers who seem to have become complacent in their old age. The Big Six are already in the firing line again over high energy prices and it seems the general public are jumping ship to smaller suppliers. The independents have seized the window of opportunity, […]
Energy Prices Down so Why Not Energy Bills?
Q: If the wholesale price is falling why isn’t my energy bill? A: The government Much has been made recently of the seemingly inexorable falls in the wholesale energy market, look a little closer though and you can see the ‘falls’ are not linear, rather they are a series of peaks and troughs albeit on […]
How will cuts to FiT affect business energy prices?
New rates have been announced for the Feed-in Tariff (FiT) scheme for 2016 onwards including a 64% cut to the domestic tariff bringing down rewards from 12p/kWh to a measly 4.39p/kWh. The subsidy cuts however were smaller than expected for small to mid scale solar, wind, and hydro projects, although plans for a £100m cap […]
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 […]