News

OFGEM has just published a factsheet titled: It’s now easier for micro-businesses to review their options at the end of a contract. You can download it from https://www.ofgem.gov.uk/sites/default/files/docs/2015/07/micro-business_contract_renewals_factsheet_web_0.pdf The main points which apply to micro-businesses are: – Contract End date and termination notice date must be printed on all bills – 60 days before the…

OFGEM published today a guidance of its price-control of the Data- and Communication Company who is commissioned to establish and manage the data and communications network to connect smart meters to the business systems of energy suppliers, network operators and other authorised service users of the network. However, OFGEM, finds it is important that DCC…

Eon just issued a new briefing regarding the changes surrounding profile 05-08 (MD) meters. The main points are: Eon will no longer accept any MD renewals with a renewal date after 5th November 15. New MD contracts will be accepted but no more than 120 days in advance. Customers with an AMR meter will have…

What’s the outlook for the security of electricity supply in Ofgem’s latest analysis? Capacity margins have been falling as many older coal and oil-fired power stations are closing due to age and European Environmental Regulations. Most of these plants have already closed and the rest will shut down by 2015 or earlier. Unprofitable gas fired…

Following British Gas’ announcement of a 5% price-cut OFGEM released the following statement: Commenting on today’s gas price cut by British Gas Ofgem’s Senior Partner for Markets Rachel Fletcher said: “We are pleased that British Gas’s most loyal customers are seeing some of the benefits from lower wholesale energy prices. However, the Competition and Markets…

As reported by The Energyst National Grid is confident it has secured sufficient reserve capacity for the coming winter. However there are warnings about future outlook for the coming years. National Grid says margins will be tight over the next few years but is still confident it has the tools to deal with even the…

While some suppliers have offered in the past cost neutral green energy contracts this will no longer be the case. With the chancellor’s announcement that green energy will no longer be exempt from Climate Change Levy, the extra cost of green energy can no longer be offset against the savings of the CCL. I suppose…

CMA has yesterday published it’s report of the energy market: Roger Witcomb, Chairman of the energy market investigation, said among other points: – There are millions of customers paying too much for their energy bills – but they don’t have to. – Whilst competition is delivering benefits to increasing numbers of customers, mainly through the…

OFGEM published yesterday a factsheet to outline what is happening and the benefits of P272. This can be accessed through https://www.ofgem.gov.uk/sites/default/files/docs/2015/07/factsheet_131_cheaper_electricity_for_businesses_web_0.pdf The idea is to charge customers more accurately for the time of use where peak times typically early evening costs more than off peak times when there is less demand and more renewable electricity…

ELN reports: The UK economy has saved more than £1 million a day by cycling and walking. The savings have been made as a result of improved health and reduced congestion, pollution and greenhouse gas emissions. So just think of your own health and take out your bike to get to work; you’ll be doing…