Energy Bill’s impact ‘catastrophic’ for UK businesses

The impact of the today’s Energy Bill announcement could be “catastrophic” for businesses in the UK. Energy Forecaster, an online site that provides insight into the future of business energy, said if the increased energy costs for domestic consumers announced by DECC is applied to firms, it will seriously affect businesses. The initial details of […]

Nine in ten firms will get Ofgem energy protection

More help from Ofgem to get fair energy contracts for “hard-pressed” small and medium sized businesses is “long overdue” say consumer groups. The watchdog’s protection for microbusinesses on issues such as back-billing and contract roll-overs will now cover around 91% of electricity business customers, said Consumer Focus. Audrey Gallacher, Director of Energy at Consumer Focus said: “Businesses […]

British Gas’ price hike a ‘bitter blow’ for consumers

British Gas’ decision to raise its gas and electricity prices is a “bitter blow” for UK consumers. That’s the view of a price comparison site responding to the 6% rise in energy prices announced by British Gas this morning. The changes mean the average bill for domestic British Gas consumers will rise from £1,260 to […]

Have you had your energy bill rolled over?

Has your new energy contract been rolled over from your previous one? If so, you could be paying around 61% more – or £1,600 – than your average energy bill as a result of it. New statistics from Energy Forecaster showed almost a third (1.5 million) of UK firms have had their energy contracts rolled […]

Rising bills could make 7% of firms go bust

Rising energy bills could have such a “catastrophic” effect that 7% of businesses say they could go bust. Statistics released reveal firms fear dire consequences if energy bills continue to rise by 15% every year. Energy Forecaster, the new UK business energy experts, suggested this means more than 300,000 UK businesses could be forced to […]

Small businesses are “complacent” about energy

Small businesses are more “complacent” than others when it comes to energy, according to new expert analysis. This is despite a huge majority of businesses (97%) claiming they already have or will strengthen their energy saving policies or plan to change to efficient lightbulbs. Nearly nine out of ten firms say they are on the […]