Business Online Energy Comparison

online comparison

Our online business energy comparison website is now live! this business comparison engine is the most advanced comparison program in the gas and electricity market, comparing all available prices instantly for your meter.

by simply providing your postcode our system can determine your current meter number and find you the best available price instantly.

if you have a broker why not put them to the test by comparing what you have been quoted to the prices we find for you! we are confident you will be shocked.

Happy with the price you have been offered? With a few more click you can simply switch your business energy to your new Gas/Electicity provider quickly and easily. Our system is integrated with companies house meaning all your data is provided to you in a simple dropdown.

Saving Money on your Gas Bill

As the nights grow colder, I’m sure most of you have now switched your heating on.
and the cost of heating your home or business is going through the Roof.

keep your house warm

keep your house warm

Here are a few simple ideas that can help reduce your Gas Bills

1. Switch, Switch, Switch!

The biggest saving you can make on your gas bill is by switching your Gas now using our 100% impartial service! Our latest customer saved £406 a year

2. Once your Warm Keep it in!

Check your place for air leaks, around doors and windows. you can simply fill the holes with sealant to stop unwanted draughts. Look at your loft and ensure it is properly insulated. if your looking to do some home improvements look into rendering (internal and external) that is also insulating. Install radiator reflector foil behind all your radiators to ensure the heat is re-directed back into your home or business.

3. Love our Boiler!

As the biggest user of Gas it is important that you look after your boiler, a happy boiler is an efficient boiler. Ensure it is regularly serviced and if its getting old look at the cost of replacing it as the money you could save could pay for a new more efficient one.

4. Be smart with your heating!

With the ever advancing technology there are some real savings to be made with tech! lots of different products that control your boiler and radiators automatically. Many different suppliers and tech including Hive from BG, Nest from Google and Honeywell do a full suite of products. Hit the internet and have a read about all different technologies.

5. Alternate Fuel.

You may not know but you can get boilers that run on biomass. what is biomass i hear you say, well!! biomass is various renewable sources such as wood pellets, olive seeds, and even cherry seeds. these are delivered directly to your boiler via a truck. Another advantage of this is Biomass is a major government priority, with such initiatives, as the Renewable Heat Incentive (RHI), this is designed to encourage more people to use renewable energy to heat their homes and businesses. Members of the scheme are paid for generating and using renewable energy through the government’s non-domestic and domestic RHI subsidy schemes.

Autumn Energy Price Rise

As the winter starts to set in, the demand for gas begins to rise and as the nights grow longer the call for electricity increases.

Energy Prices rising

Autumn energy

This is what sets in motion the annual energy price rise.

Daily, we are seeing suppliers increasing the cost of energy. so now is the best time to switch, if you are a domestic customer you can switch at anytime, even within a year. Our cost comparison will tell you how much your supplier will charge you to switch early. This is typically around £30 so if your saving is more than this then it might be worth switching today. On average our domestic customers are saving over £400 a year by switching. we also have some useful tips to help reduce your costs even further here:

Saving Money on your Electricity Bill

If you are a business did you know you can now switch 180 days before your contract is due to end, this means you can lock in todays cheap prices even if your contract ends in march, so why not get a no obligation quote from us to see how much you could save while the prices are lower. we can do a full analysis of the entire energy market to find you the cheapest price on the market. put us to the test we are confident we can beat any existing quote from any broker or supplier. On average our business customers are saving over £3000 a year!

Saving money on your electricity bills

With the cost of living rising, we could all do with a helping hand; here are some simple ideas on saving you money on your electricity bills:

  1. Switch Switch Switch!

The best way of saving money on your electricity bills is to switch energy suppliers to ensure you are always on the best tariff, like you would with your car insurance. You can use our comparison site here to check the entire energy market. This can be done as many times as you like to keep you updated with all the new tariffs on the market. We are typically seeing a saving of over £400 a year!

  1. Know your Consumption.

It is important to know how much, when and where your electricity is being used. There are many ways to do this, the easiest is to use a simple device that clips onto your mains power cable, which costs from as little as £25. Another solution is to have your energy supplier install a smart meter which sends your meter readings directly to them, but, be aware, if you switch providers you may incur additional charges for having a smart meter, this could be up to £100 a year!

how to install a energy monitor sensor

How to install an energy monitor sensor

  1. Lower your consumption.

Now you know why your electricity consumption is so high you can do several things to combat it. firstly, LED lightbulbs are a quick and easy way to reduce your consumption. every type of common bulb is now available as an LED bulb. Try using simple timers to have high consumption devices turn off when they are not needed. leaving things on standby is, in short, leaving them on, although devices are getting more efficient when they are in standby they are still consuming unnecessary electricity.

  1. Use your Tariff.

If you have economy 7 it is important to use it, as you are effectively paying more to run your home or business at peak times. If you can run devices at off peak times then it is important to do so, for example, like me, with 2 children our washing machine is running a lot, so where possible we run it at night.

  1. Smart Technology.

Home automation is not a new thing and is now on sale on the highstreets and with a bit of practice you can make your home and business more energy efficient, for example, automatically switching off lights in hallways, toilets and public areas when no one is using them. Switching off all devices when the house or office is empty. Powering down machinery or appliances during the night and have them power on at a specific time ready to be used when required. Many of these home automation technologies can also tell you when they are on or how much power they are consuming and by using clever rules they can manage themselves. A useful feature of many of the technologies is a standard called ITTT (if this then that) which can be used to create complicated rules easily, for example, if my mobile phone connects to my business wifi between 8 and 9 am then switch on the coffee machine if it is off.

People Switching Energy Starting to Rise

the number of energy customers who have switched gas and electricity deals has risen amid widespread calls to benefit from savings that are available.

Switching-Rise

Regulator Ofgem said there were 3.8 million switches in the first six months of the year. This was the second six months in a row that the switching total broke three million, and was nearly one million higher than the first half of 2015. The data follow a major report into competition in the energy market.

According to the Competition and Markets Authority’s (CMA’s) two-year investigation, two-thirds of UK households were paying “over the odds” for their energy compared with those who have switched to a different tariff.

Ofgem said that customers could save more than £300 by ditching expensive standard variable tariffs for the cheapest deal, often a fixed-term tariff.

The average standard variable tariff of the larger energy suppliers as of 28 July was £1,066. The cheapest tariff available on that date – a one year fixed tariff – was £758, a saving of £308.

“Great deals are there for the taking. There are very competitive offers and many more suppliers to choose from, and that’s why more consumers are switching,” said Rachel Fletcher, of Ofgem.

To encourage more switching, Ofgem is planning to trial “more effective prompts” on customers’ bills to encourage them to compare different tariffs. However, Ofgem said it would not be capping standard variable energy tariffs.

The regulator’s response to the CMA report, and the investigation itself, was criticised by some as not being bold enough

Separately, the Energy Networks Association has launched a new service in England, Scotland and Wales allowing people to contact their network in the case of a power cut by calling 105 or visiting a dedicated website www.powercut105.com.

why not try our switching service now on oyur gas and/or electricity and be suprised how much you save.

 

 

Winter Electricity Prices set to Rise

Britain is set to have lean winter as Britain is told “If we have a harsh winter Electricity is going to get Expensive” as supplies of electricity dwindle thus forcing National Grid to use its last-resort measures and push wholesale prices up, according to a new analysis.

Enappsys, who monitor wholesale electricity market data, released new figures showing the grid will have an even more difficult job with demand than last year, when it took new emergency measures for the first time.

so now is a great time to switch your Electricity and lock in cheaper rates.

use our simple to use electricity comparison to see how much you could save on average customers are saving over £400 a year by simply switching their supply to a new provider

Switch Here

Source ft.com

Update:11 July 2016

The National Grid says the UK’s buffer of electricity supply has risen to 5.5% which it describes as “manageable”.

Last winter, the National Grid said overall spare capacity was at 5.1%.

This year’s margin includes 3.5 GW of “contingency reserve” which includes paying firms to use less electricity and employing reserve power plants.

In its Winter Consultation Report, the National Grid forecasts that there will be sufficient gas supplies to meet demand this winter.

“The surplus margin for this winter is 5.5%. This is the additional power we expect to have available over and above what is needed to meet electricity demand,” said Cordi O’Hara, director of UK system operations at the National Grid.

“We believe the margin is manageable and that we have the right tools and services available, including extra power we can call on if we need it, for times of highest demand.”

 

Energy UK Launches Energy Switch Guarantee

EnergySwitchGuarantee

Energy UK, which represents the major suppliers, has launched its Energy Switch Guarantee – to make it easier for customers to know how to switch

The list of pledges, designed to be easy to understand and give confidence to customers, include making it clear that any switch will be free and that the new provider is responsible for dealing with any issues that arise.

  • To make the switch more simple, the whole transfer process will be handled by the provider you are switching to
  • It guarantees a reliable and hassle-free switch in just twenty-one days
  • You can continue using your existing energy provider right up to the point that you switch – so you won’t be without electricity or gas at any point
  • Under the Energy Switch Guarantee, in the unlikely event of any problem occurring, you have the reassurance that your new provider will work to resolve any issue swiftly and efficiently
  • If you change your mind within 14 days you simply remain with your existing provider
  • Any credit from your old energy account will be refunded within 14 days of your final bill

Here a direct link to the Energy Switch Guarantee

Savings

Initial findings from the Competition and Markets Authority’s (CMA’s) investigation suggested that 70% of customers with the big energy firms are on their supplier’s default tariff and could save more than £300 a year by switching.

To see how much you could save try our own switching site here

It is quick and easy to create a free comparison, all you need is your address, current supplier and how much you spend on energy. You will then see an instant free 100% impartial comparison and if you want to switch the comparison will guide you this simple process.

 

Brexit influence on energy prices

As we draw ever closer to the EU referendum on UK Membership, the ‘IN’ and ‘OUT’ campaigns are in full swing, with daily updates on how the UK will fare if the public decide to leave the EU. Despite contrasting views on the price of food or the ranging views on the state of the Jobs sector or the economy as a whole, one thing we can be fairly certain on is the cost of energy.

When Boris Johnson nailed his colours to the mast and decided to front the ‘OUT’ campaign, markets reacted and the British Pound lost ground on the Euro reaching a low last seen towards the end of 2014, such is the popularity of the former Mayor of London the ‘OUT’ campaign received a notable boost. Therefore, if the ‘OUT’ campaign were to succeed and the British Public voted to leave the EU, it would be reasonable to predict the markets would react in the same way.

So how does that effect energy prices?

If the British Pound were to lose ground against the Euro, gas prices would shoot up considerably, as simply the cost of importing Gas from the continent would increase. As the UK imports a significant amount of gas from the continent, fluctuations in the currency market can heavily weigh on prices – as we have seen over the last month; during the period of Price Changes the key factor was Currency Volatility, along with other issues on the Oil Market.

In addition to Gas prices being affected, the UK’s Energy and Climate Change Secretary Amber Rudd, echoed a similar price uncertainty if the ‘OUT’ campaign were to win, when she stated on the 24th March, that the ‘UK would get a massive electric shock’ and that ‘costs are likely to rocket by at least half a billion pounds a year’.

George Osbourne has delivered the 2016 budget on 16th March

Key points of interest among the 2016 budget announcements are:

  • The government will auction Contracts for Difference of up to £730 million this parliament for offshore wind and other less established renewable technologies.
  • Abolish the Carbon Reduction Commitment (CRC) energy efficient scheme from the end of 2018/19
  • Increase the main rates of Climate Change Levy (CCL) to cover the costs of CRC abolition
  • The government will allocate at least £50 million for innovation in energy storage and other smart technologies over the next five years
  • Tax cuts for the oil and gas industry as the supplementary charge on oil and gas is cut from 20% to 10%
  • Ofgem’s E-serve functions will be split off from Ofgem so that the regulator can focus on its core functions.

 

2016 Budget announcements

The government has committed to meeting the UK’s ambitious environmental targets in a cost-effective way, ensuring value for money for the taxpayer and retaining protection for the smallest and most energy intensive businesses.
The budget announces the biggest energy tax reforms since the taxes were introduced and has committed to:

  • abolish the CRC energy efficiency scheme (CRC) following the 2018-19 compliance year, ending a complex scheme with bureaucratic and costly administrative requirements. It will significantly streamline the business energy tax landscape by moving to a system where businesses are only charged one energy tax administered by suppliers rather than CRC participants being required to forecast energy use, buy and surrender allowances
  • increase the Climate Change Levy (CCL) from 2019, to recover the revenue from abolishing the CRC in a fiscally-neutral reform, and incentivise energy efficiency among CCL-paying businesses
  • rebalance CCL rates for different fuel types to reflect recent data on the fuel mix used in electricity generation, moving to a ratio of 2.5:1 (electricity, gas) from April 2019. In the longer term, the government intends to rebalance the rates further, reaching a ratio of 1:1 (electricity, gas) rates by 2025. This will more strongly incentivise reductions in the use of gas, in support of the UK’s climate change targets
  • keep existing Climate Change Agreement (CCA) scheme eligibility criteria in place until at least 2023, ensuring energy intensive industries remain protected. From April 2019, the CCL discount available to CCA participants will increase so that they pay no more than an RPI increase. The government will ensure that these agreements deliver on their energy efficiency goals through a DECC-led target review starting in 2016

At Budget 2014 the government capped Carbon Price Support (CPS) rates at £18 t/CO2 from 2016-17 to 2019-20 to limit competitive disadvantage to British businesses. Due to the continued low price of the EU Emissions Trading System (EU ETS), the government is maintaining the cap on CPS rates at £18 t/CO2, uprating this with inflation in 2020‑21, in order to continue protecting businesses.

The government will set out the long-term direction for CPS rates and the Carbon Price Floor at Autumn Statement, taking into account the full range of factors affecting the energy market.

Support for oil & Gas
The government’s plan to ensure the fiscal regime supports the objective of maximising economic recovery whilst achieving economic recovery from the North Sea will be delivered by:

  • effectively abolish Petroleum Revenue Tax by permanently reducing the rate from 35% to 0% to simplify the regime for investors and level the playing field between investment opportunities in older fields and infrastructure and new developments. The change will take effect from 1 January 2016
  • reduce the Supplementary Charge from 20% to 10%, to send a strong signal that the UK is open for business and in recognition of the exceptionally challenging conditions that are currently facing the sector. The change will take effect from 1 January 2016
  • provide a further £20 million of funding for a second round of seismic surveys in 2016‑17, as announced by the Prime Minister in January, to build on the success of the seismic programme in 2015 and encourage exploration in under-explored areas of the UKCS
  • extend the Investment and Cluster Area Allowances to include tariff income, in order to encourage investment in key infrastructure maintained for the benefit of third parties
  • provide certainty that companies will be able to access tax relief on their costs when they retain decommissioning liabilities for an asset after a sale, to encourage new entrants for late-life assets and the development of late-life business models
  • build on the new decommissioning powers of the Oil and Gas Authority (OGA) by undertaking further work with the OGA and industry to reduce overall decommissioning costs, to deliver significant savings for industry and the Exchequer. If significant progress can be made, the government will explore whether decommissioning tax relief could better encourage transfers of late-life assets

The government has also announced it will consider proposals for using UK Guarantees Scheme for infrastructure where it could help secure new investment in assets of strategic importance to maximising economic recovery of oil and gas. Any proposals would meet the existing criteria of the scheme, including relation to commerciality & financial credibility.

 

Smart and low carbon energy technologies
To support up to 4GW of offshore wind and other less established renewable technologies with a generating start date between 2021 and 2026 – the chancellor, announced that the government would hold contracts for difference (CfDs) auctions with funding of up to £730million made available over the course of this parliament with a first auction of £290million. Support for offshore wind will be capped initially at £105/MWh (in 2011-12 prices), falling to £85/MWh for projects commissioning by 2026. The government will continue to control costs on consumer bills – further details will be announced in the autumn.

The government launched in autumn 2015, competition to identify the best value small modular nuclear reactor (SMR) in the UK. This will pave the way to build one of the world’s first SMRs. Budget 2016 announces the launch of the first stage of this competition, which will generate a list of SMR developers that could deliver on the government’s objectives. The government will also publish an SMR delivery roadmap later this year and will allocate at least £30 million for an SMR-enabling advanced manufacturing R&D programme to develop nuclear skills capacity.

The government will transfer the world’s largest wave energy testing facility (Wave Hub) to Cornwall Council and provide around £15 million to develop the facility as part of a new Marine Hub Enterprise Zone.

In the meantime the government has detailed the expected completion in 2018-19 of the Tees Renewable Energy Plant and the £190-200 million of energy works in Hull.

At least £50 million pounds worth of funding for energy storage, demand-side response and other smart technologies and business models over the next 5 years to help drive innovation. However, Ofgem will consult later this year on the future of the £100 million Network Innovation Competition to maximise the delivery of ‘genuinely innovative projects and technologies’.

The government will also increase its ambition for greater electricity interconnection by 80%, now supporting at least an additional 9GW of interconnection.

The government will consult later this year on the priorities and delivery models for the Shale Wealth Fund, and how it can be deployed in local communities and the North region. This fund could be worth up to £1 billion over 25 years and will provide additional funds over and above industry scheme.

 

Regulatory developments
The government is planning to streamline the regulatory system, especially Ofgem, by splitting the E-serve arm so that Ofgem can “focus on its core functions of economic regulation and promoting competition”.

The Department of Energy and Climate Change are committed to consolidating their delivery providers and will set out the future of consumer-facing functions, including those currently undertaken by E-Serve, at Autumn Statement 2016. The government will continue to consider whether economic regulators’ functions can be further streamlined

The government will also strengthen competition and innovation, including by legislating to give Ofgem more power to make sure the system of industry codes supports competition and by enhancing the role of the Competition and Markets Authority in the regulated sectors.

The will drive efficiency, by working with economic regulators to review the business case for co-locating and sharing back office functions across regulators, reporting by summer 2016.

 

Source: https://www.gov.uk/government/publications/budget-2016-documents