DCP228 and Business Electricity
What is DCP228? DCP228 is a regulation to be introduced by Ofgem in April 2018 which will change the way busin...Read More
This week has seen big news about the National Grid, a concerning report from The World Economic Forum, and the first ever electricity tariff which rewards you for using appliances at non-peak times.
Read on for the top stories from the last seven days…
The first ever variable electricity tariff has been introduced for domestic customers. The tariff has been launched by Green Energy UK who claim it could slash bills by up to £60 a year if customers run their appliances at night, as opposed to during peak times. However, the move has seen controversy has been greeted with controversy in some quarters due to worries about a potential fire safety issues.
An enormous tidal lagoon in Swansea has been backed by the Government this week. The lagoon will cost £1.3bn which will come out at around 30p per household for the next 30 years. Over the next 120 years, it could supply 1.5m homes will energy. The move comes part of the UK’s continued drive to diversity energy production and ensure a consistent energy supply.
National Grid to avoid being broken up – BBC News
The National Grid currently owns and operates large areas of the UK’s energy infrastructure. As such, there have been persistent calls to put an end to potential conflict of interests, and potentially break the organisation up. This week, the Government took the step of creating a legally separate electricity operator within the National Grid, avoiding a full breakup.
Carbon pricing ‘main reason for UK coal drop-off’ – Energy Live News
Carbon pricing is the term given to charges on carbon emissions, and is used in the UK as a method to encourage cleaner practices. The UK has a carbon price floor (minimum carbon price) of £18 per tonne for carbon allowances, ensuring the energy source never gets too cheap. According to Grant Wilson, Energy 2050 Teaching and Research Fellow at the University of Sheffield, it is carbon pricing which is behind the drop in UK coal.
Energy price shocks are the second biggest threat to businesses in 2017, according to the Global Risks Perception Survey by The World Economic Forum. The study asked 750 experts what they thought were the primary dangers to global business in 2017. The results show that energy price spikes are considered to be more of a risk than terrorism or Brexit, neither of which made the list.
Remember to follow us on Twitter @switchmybiz for the latest energy news and small business advice.
Lorraine - Excellent experience dealing with you!
"I have been talking to Lorraine over the last couple of weeks about switching our gas/electric supplies. Lorraine was more than keen to help and went to a lot of trouble researching the best prices on the market for us. These were all confirmed by emails which allowed me to compare with our current supplier in a clear way. Ultimately our current supplier made an offer we felt was comparable to the best Lorraine had found and we decided to stay with them (B.Gas) but I am very grateful for all of the help she gave me - for no result as it happens. A pleasure dealing with you Lorraine!"This review was posted by Richard Weekley on the 22nd of October 2018
Honest brokers who will actually save you money!
"I dealt with a gentleman called Mark Weeks. He was extremely efficient, helpful and humerous. He saved me 6 pence per/k/hr, quite the saving when your annual bill is over £12,000. I will be using this service again for my water bill!"This review was posted by EDWARD Wickman on the 22nd of October 2018
Cheryl Sreenan delivered excellent…
"Cheryl Sreenan delivered excellent customer service, professional and polite but very natural with it - it's great to deal with someone who knows their job and cares about their customers. Great savings too and a quick switch which is always good. Will be looking to switch other businesses when they are out of contract."This review was posted by Jackie Reeves on the 22nd of October 2018
Excellent service from Pamwan Johnson
"Excellent service from Pamwan Johnson. Polite, professional and was able to provide a much better deal than I was able to secure direct. Would definitely use this service again."This review was posted by Andrea Kirkham on the 22nd of October 2018
i cant fault the service recieved from…
"i cant fault the service recieved from nicole and daniel"This review was posted by alexander dawson on the 19th of October 2018