Energy efficiency ‘can reduce business bills by 18-25%’

Energy efficiency can reduce bills by 18-25% with an average payback of less than 1.5 years. That’s according to a report by the Federation of Small Businesses (FSB). It also states 31% of FSB members said energy costs were a barrier to growth and 90% of them want to be energy efficient but only a fifth […]

Ditching Green Deal leads to ‘big problems for small firms’

The government’s announcement to scrap funding for the Green Deal last week has left “big implications for small businesses”. That’s according to Bernard Hughes, Communications Director of the Green Deal Finance Company (GDFC). The scheme allows householders to make their homes more energy efficient by having installations such as solar panels or loft insulation. This is done through loans with no […]

Rules of conduct needed to deal with "aggressive brokers"

A consumer group has renewed calls for a mandatory code of conduct to deal with the issue of rogue energy brokers. Hannah Mummery, Principal Policy Advocate for Small Business at Consumer Futures said they had a role to play: “Brokers are essential to help small suppliers in the non-domestic sector and small businesses engage.” Speaking […]

E.ON launches flat rate standing charge for small businesses

Power supplier E.ON is introducing a flat rate electricity and gas standing charge in a bid to make pricing easier for small businesses. The new move will benefit businesses joining the energy company or existing customers renewing onto a fixed-term contract from tomorrow. It follows Ofgem’s launch of the new standards of conduct for energy […]

Ofgem’s new rules will give small businesses ‘more confidence’

Energy regulator Ofgem’s new code of conduct for power suppliers in an effort to protect small businesses will build trust and give firms “more confidence”. That’s the view of the trade body for the energy industry, which claims suppliers support the new rules that have been introduced this week. The new standards include the need […]

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 […]

Should auto-rollover energy contracts be banned?

With businesses being locked into energy contracts as a result of automatic rollovers, usually having to face higher bills, should Ofgem ban them altogther? ELN Reporter Priyanka Shrestha looks at how small firms have been affected and what the energy regulator and suppliers should be doing to help.

Small US businesses to save energy with $24m fund

The US Department of Energy has awarded $10 million (£6.57m) to help small businesses implement energy efficiency improvements in a bid to save energy and cut bills. The investment will be matched by at least $14 million (£9.2m) in private sector funding and will be used for six commercial building projects. This includes schools, churches, […]

Small businesses can keep energy market competitive – Fallon

Small businesses engaging with the energy market can help keep prices competitive, according to the Business and Energy Minister Michael Fallon. Speaking at npower’s annual Energy Debate in London yesterday, the minister said: “I know from my work in the department of Business (BIS) that higher energy bills are hitting businesses hard. Competition is the […]

Guest Blog: Filippo Gaddo – small firms suffer most from seesaw energy prices

Energy prices are always a touchy issue – but nowhere more so than in small firms. Predictably changes in residential prices always carry big headlines and sometimes the impact of high prices on large businesses’ competitiveness grabs the limelight. Rarely is attention paid to how small businesses cope with rising prices – but small businesses […]