TELCA winner scoops £3m for energy buying hub

An energy buying platform for businesses has been awarded £3 million to further develop its online trading hub. Open Energy Market, winner of the Consultant of Tomorrow award at The Energy Live Consultancy Awards (TELCA) last year, aims to streamline the broker process for medium and large firms, helping them manage their energy contracts online. […]

Guest Blog: Mervyn Bowden – Why are we waiting?

Is it just me finding the energy scene fairly quiet at the moment? I don’t think so. All the necessary and routine things appear to be happening – energy contracts are still being raised and bills being checked. But everything else is sooo slooow. I guess we’re in a bit of a lull between one […]

ScottishPower finally ends auto-rollover energy contracts

ScottishPower has become the last of the Big Six energy suppliers to act on auto-rollover contracts for small businesses. The energy company has announced it will stop offering auto-rollover contracts to new small business customers from April next year and to existing customers later in 2014. The firm is also reducing the period for back […]

Another one bites the dust – E.ON ends auto-rollover contracts

The supplier which first publicly called on energy companies to ditch auto-rollovers, E.ON, has announced it is scrapping auto-rollover contracts for small to medium sized businesses (SMEs). More than a month after rival British Gas stole a march on the German-owned firm, it has finally decided to end the controversial contracts for new and existing […]

EDF Energy offers auto rollover contracts with no exit fees

EDF Energy has launched a new automatic rollover contract with no exit fees for small business customers. The power supplier said small businesses that do not contact the company at the end of their contract will now have their prices frozen for a year but will have the freedom to leave anytime without paying a […]

Domino effect: SSE latest to scrap energy contract rollovers

SSE is scrapping a system where it automatically rolls over energy contracts for small businesses. Today it announced that from April 2014, companies with fewer than 10 employees which use less than a certain amount of gas or electricity a year will no longer have their contract rolled over. The company is the third of […]

Npower to stop auto-rollover energy contracts for businesses

Energy supplier npower is the latest Big Six firm to announce it will stop offering default auto-rollover contracts to new business customers from April next year. The move, it said, is part of its wider approach to offer small businesses more choice in how they manage their energy costs, with existing customers also benefitting from […]

E.ON wants ban for automatic energy contract rollovers

Energy provider E.ON is calling for a ban on “rollovers” – the controversial practice of automatically renewing energy contracts when they expire. In the past, small businesses have found themselves facing much higher bills as a result of the unannounced rollover. It’s such a widespread problem, regulator Ofgem wants to ban rollovers either outright or […]

Businesses ‘stung’ when renewing energy contracts

Businesses are being “stung” by expensive energy contracts because they fail to renew or cancel them on time. Energy broker ENER-G Procurement claims some organisations are making costly mistakes when the deadline for their energy contract looms. It is launching a free guide offering advice on how to avoid expensive ‘out-of-contract’ and ‘deemed rates’, which […]

Medium-sized businesses "forgotten" by suppliers

Medium-sized businesses are “forgotten” by suppliers who cater mainly for major energy users and SMEs, according to new findings. Nearly half of medium-sized businesses – or MSBs – don’t believe current energy products meet their needs, suggests new research by energy firm npower. The supplier is launching two new projects which offer a compromise between […]