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 […]
Energy prices at lows not seen since 2010
The market price of UK gas has plummeted to costs seen back in 2010 as pressure is mounting to reduce energy bills. Wholesale gas averaged 47.1 pence per therm, the lowest quarterly average since Q1 2010. The falling oil price down to US fracking and reduced demand in Asia is seen to be a contributing […]
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 […]