Smaller UK businesses ‘paying twice as much for electricity’

Average electricity prices are around 50% higher for very small businesses than for large or very large consumers. That’s the findings of Ofgem’s new State of the Energy Markets report, which also reveals non-domestic gas prices can be twice as high. It suggests retail markets “typically work well” for larger businesses but small and micro […]

Blackouts ‘could cost UK businesses £2.8m each’

Medium-sized UK businesses without energy resilience strategies are risking an average of £2.8 million each year in damages and lost opportunities. That’s among the findings from Centrica Business Solutions’ new report, which is based on a survey of more than 300 organisations across the UK and Ireland. When questioned, senior decision makers who had not […]

UK consults on streamlined energy and carbon reporting

A reform package aimed at reducing administrative burdens and raising energy efficiency awareness has been published. The streamlined energy and carbon reporting consultation is seeking views on how to replace the reporting element of the Carbon Reduction Commitment, which will be abolished after the 2018/19 compliance year. That includes mandatory annual reporting and disclosure of […]

New process to speed up small-scale energy storage connections

UK Power Networks (UKPN) has launched a new fast-track application process for connecting small-scale electricity storage projects. The online process, an upgrade from a lengthy paper application form, is expected to help domestic and commercial customers in London and the South East save time and money. That includes those who generate electricity from solar panels […]

Neighbour endorsements best sales tool for solar arrays?

Would you install a solar array because you’ve seen one on your neighbour’s roofs? New research from the London School of Economics (LSE) found households, businesses and farms are more likely to install solar panels if others in the neighbourhood have done so. It suggests neighbour endorsements spur installation as it decreases concerns of solar […]

Western Power Distribution unveils demand side trial

Western Power Distribution (WPD) has announced a new demand side response (DSR) trial aimed at helping business customers generate income through existing assets. Flexible Power targets half-hourly metered customers that can reduce their power usage or increase their onsite generation in response to an automated signal when demand is high. Funded by Ofgem, the three-year […]

Vattenfall offers FRESH green energy to UK businesses

Swedish energy company Vattenfall is to start selling renewable power to businesses in the UK. Dubbed FRESH, i.e. Flexible, Renewable Electricity, Supplied Honestly, it will be offered to large power consumers starting this month. Anna Borg, Vattenfall’s new Head of Business Area Markets said: “This is the first time that Vattenfall is making a B2B […]

Views on energy brokers ‘negative among businesses’

Energy brokers have maintained their influence on business contract choice but views on them are “more negative than positive” among businesses. That’s according to new research released by Ofgem, which aimed to find how micro and small businesses – up to 49 employees across their sites – engage in the energy market. A total of […]

UK businesses ‘overpaying by £500m on energy bills’

One in five business energy bills contain mistakes, from incorrect rates to meter reading errors. That could be costing firms around £500 million on their energy bills due to errors and inaccuracies across the supply chain, according to new research. Inenco analysed thousands of business energy invoices to find the most common errors and forecast […]

Smart meters for businesses

Smart meters are said to be the future of the utility industry – but how will this new technology make such a difference and how can having one installed benefit your business? What is a smart meter? Smart meters are similar to traditional meters in regards to the way they measure the amount of energy […]