Archive for March, 2011

Energy Advice Line are moving…

31 March 2011

Due to our continued expansion the Energy Advice Line are moving to our new offices on Friday 1st April – there maybe a brief disruption to our telephone service during the afternoon so please use our call back service or check on line to secure your quotes.

“We apologise to our customers in advance of Friday afternoon but we have been assured that the disruption to our usual phone service will be very brief. We will however be on hand to help our customers from 9am on Monday 4th April as usual.

The team at the Energy Advice Line look forward to speaking with you from the new premises and we must thank you for your continued level of support in the meantime”

Budget 2011: Carbon Tax – A double whammy for business electricity and gas users!

29 March 2011

So it does appear that once again the British taxpayer and British business  is going to help fund the energy industry move away from the traditional ways of generating electricity in the UK. The government has to meet onerous targets set by the EU which dictates that a third of the UK’s electricity generation must fueled by green sources by 2020. This has resulted in the chancellor announcing plans for the government to raise £3.2bn by 2016 from a new carbon tax which will be principally funded by higher electricity bills passed onto the consumer by the energy companies who are having to pay the taxation imposed by the government

Coal and gas plants will start paying the tax in 2013, based on how much carbon they emit. They will be allowed to pass on the cost to consumers in higher bills. Existing nuclear reactors and renewable producers will pay next to nothing because their emissions are low, but they will still profit from higher electricity prices. (read more here & here).

Julian Morgan at Energy Advice Line comments “Already there has been some movement in the wholesale energy prices with some predictions of massive rise in baseload power of £55/MWh in 2010 to as much as £95/MWh in the next 10 – 15 years In the short term the UK’s electricity and gas wholesale markets have seen a significant increase as part of a wider rise in European electricity, coal and carbon emissions prices on Monday on fears over German nuclear power output. (read more here)

All this is not only bad news for the British consumer but if they happen to run a business also then they are going to be hit in the pocket twice just when they can ill afford it. For some the move to self generation ‘green power’ might appear very attractive but like all things this will need a level of investment that is probably beyond the reach of many, especially the way the banks are guarding their loan stock.

So what else is British business to do other than tighten its belt again and make sure that it has taken good care of its housekeeping by adopting a few basic principles;
1.      Check your business electricity and business gas bills, ensuring they are accurate and not estimates
2.      Check the renewal date on your utility companies contracts to ensure you do not get rolled over into a new one without the chance to switch
3.      Check your tariffs by using an independent specialist business energy price comparison website
4.      Obtain a free quote for your business electricity or gas and make the switch a cheaper deal now

For further free advice contact the Energy Advice Line on 0800 915 1800 or click www.energyadviceline.org.uk

Ofgem cracks down on Big Six energy firms

23 March 2011

This is an extract from an article published yesterday on www.independent.co.uk and shows that at long last (hopefully) Ofgem is starting to show its teeth over the business energy issues that so many businesses are fighting to get some fairness whenit comes to dealing with their business electricity and business gas contracts and bills.

The article starts…

The energy regulator Ofgem stepped up efforts to temper the influence of the biggest utilities yesterday by proposing that they auction up to a fifth of their electricity generation output and simplify tariffs that leave customers “bamboozled” by their complexity.

The action comes on the back of an Ofgem review which found that competition in the gas and electricity market was being stifled by “a combination of tariff complexity, poor supplier behaviour and lack of transparency”.

Moreover, the study showed that the influence of the “Big Six” utilities – Scottish Power, nPower, EDF Energy, Scottish and Southern Energy, E.ON UK and Centrica’s British Gas – over the retail market had not diminished since the regulator’s last review in 2008.

Lord Mogg, the regulator’s chairman, said the proposals “should force open the electricity and gas markets to ensure the market works effectively for consumers”.

“The energy supply companies have eight weeks in which to engage constructively with Ofgem’s proposals,” he warned. “If firms frustrate reforms, they risk ending up at the Competition Commission.”

Ofgem said the clearest example of the continued influence of the big utilities was evidence that “the Big Six have adjusted prices in response for rising costs more quickly than they reduced them when costs fell”.

To read the article in full click here.

Pub chain cuts business energy bills

22 March 2011

As reported on www.telegraph.co.uk on 21 March – pub chain, Mitchells & Butlers is cutting its energy bill and carbon footprint by using energy-saving lightbulbs and insulation.

Many other large British firms could emulate Mitchells & Butlers’ success by implementing their own energy efficiency programmes. According to Carbon Trust Advisory Services – the business consulting arm of the Carbon Trust – large UK businesses pay £1.6bn too much on their energy bills and could cut them by an average of 15 per cent.

The investment needed to make these savings through a well-proven series of recommended energy efficiency measures has attractive pay-offs. The average internal rate of return is 48 per cent and payback is usually within three years.

“There’s a significant opportunity for any business to be able to reduce its CO2 emissions and costs. There’s no cost of sale, so every pound saved is a pound of profit,” says Mr Felgate, head of energy management for the group, which manages 1,500 outlets of brands such as Harvester, Vintage Inns, Toby Carvery, All Bar One and O’Neill’s.

Read full article here.

This is all great news and should stand as a good example to many in a similar position the question is have Mitchells & Butlers also renegotiated all their business electricity and business gas contracts also as this is a crucial part of the energy saving puzzle that many companies overlook. If you are investigating similar ways of saving money on your business energy bills then first visit an independent specialist business energy price comparison website like www.energyadviceline.org.uk and see how much more you could save with their free price checking and switching service.

Big benefits for small businesses

21 March 2011

A recent article on www.telegraph.co.uk highlighted the advantages for companies of all sizes of investing in energy efficiency initiatives, obvioulsy a lot of larger organisations like M&S, Tesco and BT have already implemented changes. The issue is that this is for everyone in business whatever the size and too many are not seing how they could benefit and are therefore not doing anything at all! Read full story here.

According a survey by the Carbon Trust, more than half of small businesses (52pc) see a greener economy as a threat.

Almost half (43pc) believe that reaping the benefits of green growth first requires access to capital, less than a third (29pc) expect it to lead to increased profits and only 22pc are investing in creating greener products or services.

It is a downbeat picture explained perhaps by the battering many small firms have taken since the financial crisis. Their focus is on survival and a sometimes unwelcome rise in the costs and time needed to comply with new environmental legislation.

Britain’s small firms must wake up to the opportunities at their fingertips, says Ian Gibson, the Carbon Trust’s director of delivery programmes. “There are obvious and compelling reasons to address how green your business is because it can cut overheads fast. Most SMEs can make easy savings very quickly,” he says.

“Consistently we found that cost-saving measures can cut energy bills by 20pc. That’s easy, low-hanging fruit. It includes energy efficiency measures like heating or lighting controls and many things that don’t require capital expenditure.

“It will help control your operating costs allowing you to invest in the business or increase profits.”

Companies from printers to pubs can benefit from adopting these schemes and the savings can be considerable and they range from simple switches in attitude to really understanding how your business can make energy savings.

One essential task that every company should undertake as a first action is to review their business electricity and business gas contracts ensuring that you have checked your last set of utility bills and that they are accurate and not estimated.

Upon reviewing your contract you will need to make sure that you have not just been ‘rolled over’ into a new contract without being aware as this could prove to be very costly as invariably the rates will have gone up and there will be no recourse for action to change or get out of it until it has run its course.

If your contract is due for renewal then by using the services of a specialist independent price comparison website like www.energyadviceline.org.uk could help you save. Their online quotation service will allow you to check your current rates against the leading suplliers and find the best deal going for your particular requirements. Once you are happy with their free quotation then switching is a very straightforward process with the assistance of a helpful adviser who will help and guide you through the process either online or over the telephone whichever you prefer.

This is just a start and as other schemes become available British business should not be afraid to embrace them.

The USA are breking down the barriers to energy efficiency…we aren’t we?

18 March 2011

In America an innovative way to address energy efficiency: EDF Climate Corps places specially-trained MBA students in companies to develop customised investment plans.

written by Victoria Mills for the Guardian Professional Network

She continued – the United States is leaving a trillion dollars in energy savings on the table because we’re not harvesting the energy efficiency opportunities that are right in front of us.

McKinsey & Company estimate that by 2020, the US could cut annual energy consumption by 23% and avoid a gigaton of greenhouse gas emissions annually through energy efficiency – while saving companies and consumers $1.2tn (£750bn). And President Obama’s Better Buildings Initiative aims to cut energy use in commercial buildings 20% by 2020, saving companies $40bn in the process.

With such staggering potential cost and environmental savings, why are we (the USA) wasting so much energy to begin with?

The reality is that, despite what we learned in economics class, we do not make decisions about energy use based on perfect information, perfect competition, or even perfectly rational behavior. There are persistent barriers that prevent companies from using energy efficiently, and that require focused and deliberate efforts to overcome.

Read the article here

At Energy Advice Line a lot of what is being said here rings true also fo a lot of UK companies also and unfortunately we seem unable to grasp the nettle and eal with the business energy issue on a grand scale, so what is a compny to do?

Well start with small savings and actions now, check your business energy bills, make sure they are not estimates and if they are contact the supplier immediately and provide correct readings for accurate bills to be re-presented. Make sureif you are providing a reading that verify the whole reading with the supplier some have come to grief through not having a complete (all the dials/meter information) read or noted and this can come back as a very nasty surprise later with an even higher energy bill demand for payment.

Next check your contract, has it been renewed recently? If so note the renewal date and make sure you check what rates you could get by switiching at least 3 months before the next renewal date. If it’s due for renewal use the services of and independent price comparison website like the Energy Advice Line to check your tariffs and obtain a free quote to switch to a more economic supplier. The benefits here are two fold they will shoold be able to not only find you a better rate but also they will check prior to your next renewal to make sure you are always on the best rate possible for your business electricity or business gas supplies.

Don’t wait or hesitate check them now and there isn’t a moment to waste as it’s time to break down those barriers that make you think you’re being looked after by the energy companies and start caring for your business energy efficiency now.

Is solar energy the panacea for business electricity in the UK?

18 March 2011

There have been a number of reports recently about how businesses are looking at solar power as a way to ease the financial burden of their business electricity bills – but how realistic is this? Certainly the UK is capable of supporting this technology, however, cloudy we think the skies might be there’s enough sunshine to go around and provide power!

Our attention is drawn to a recent article in the  Western Mail by Rhodri Evans,  where a new solar energy consultancy firm is seeking to help Welsh businesses make money from the technology.

Ikaros Solar UK has been set up with the help of a substantial investment from one of Europe’s leading distributors and installers of photovoltaic (PV) solar technology, Belgium-based Ikaros Solar NV.

The joint venture has also been backed by the Welsh Assembly Government through a £500,000 grant from the Single Investment Fund over the next three years.

The company is focusing on providing consultancy and solar PV installations for the commercial and business sectors, by taking advantage of the UK Government’s micro-generation scheme known as Feed In Tariffs (FITs).

FITs were launched by the UK Government in February 2010 but are paid by energy companies. The scheme sees building owners paid for the electricity they produce through sustainable methods, even if they consume the power themselves to cut energy bills. Bonus payments are also made for surplus electricity exported to the grid, encouraging energy efficiency.

Read More http://www.walesonline.co.uk/business-in-wales/business-news/2011/03/16/bright-idea-for-business-will-make-them-fit-for-the-future-91466-28341878/#ixzz1GwbYzwrM

Certainly we applaud any efforts to save businesses energy during these times when companies need all the help they can get, the question is how quickly can this be rolled out and who will see the benefit? How quickly will this provide a real saving for businesses and what are they supposed to do in the meantime?

Time is of the essence for companies and we would urge them to not only seek out new and affordable alternatives, however, strike a balance and use what’s available to you know to save money by checking your business electricity bills and business gas every way possible.

One of those ways would be to use the services of a specialist business energy price comparison website where you can check your current tariff against what’s currently available on the market across all the major suppliers. This service is free, with reputable sites, and will provide you with realistic alternatives, provide a free quotation and a simple process to switch suppliers if you are happy to do so.

For business there is always a choice the problem is often time – but rest assured it will be time well spent and it could save your business and ensure you are around to enjoy the sunnier days to come with your solar panels!

Japan disaster may push up UK energy bills

17 March 2011

Following a sharp increase in the wholsale price of gas Britain needs to steel itself for another round of price hikes in gas and electricity. Not great news for domestic users, even worse for businesses who are already finding the rise in their utility bills a real strain on their overheads.

You may question how the price of gas could affect the price of business electricity but when you consider a third of the UK’s power stations are run on gas then the resultant issues are obvious.

Reports also highlight Japan’s urgent need for power and with the failure of some of their nuclear reactors it is apparent that they will be turning to alternatives including imported LNG (Liquified Natural Gas). These imports could well be resources that were originally bound for the UK – certainly we are not going to stand by at let Japan suffer but we will need solutions to ensure we do not suffer punishing rises that could end up crippling our country.

Some might question that these price hikes are simply ‘profiteering’ by certain unsrcupulous brokers keen to make a profit using the Japanese crisis as a smokescreen to hide behind – we shall have to wait, suffer and see.

In the meantime businesses should check out how to conserve their business energy by using the services of an independent business electricity or business gas price comparison site like energyadviceline who can at least provide them with information bout the rates they could get by switching to a more economical supplier.

The government is sabotaging British attempts to forge a green economy

12 March 2011

By delaying the green investment bank and cutting grants, the government is stopping innovative companies from growing

Writes Luciana Berger (shadow climate change minister) published in the guardian.co.uk, Friday 11 March 2011

She continues, the UK has been overtaken by countries such as Denmark, which has won half of the global market in wind turbines.

After a flurry of environment announcements this week, how are Department of Energy and Climate Change ministers turning their talk into action? The answer is a sorry tale of legislative delays, policy confusion, ministerial splits and missed opportunities, at the exact time British firms are straining at the leash to build green business.

There are delays to the green investment bank, which looks unlikely to be a proper bank capable of making long-term investments in green businesses, but instead end up as just another government grant. There are cuts in grants to develop alternative fuels, such as the Algae Biofuels Challenge run by the Carbon Trust, which are essential to many sectors, including aviation. And the uncertainty over the green deal, whereby households can borrow cash to insulate their homes, and pay it back through energy savings, all add to a picture of dithering and delay.

At EAL we look on all these initiatives with keen interest and are always happy to discover new ways in which the government is promoting energy saving and sustainable resources. All to often, as it might appear to be here, initiatives get stiffled and the only people losing out appears to be business – not only those that are able to maximise on the work that this could bring but those that would ultimately benefit from the technology to save on their energy bills.

Until the government sorts itself out businesses are left with little choice other than to be extra thrifty in their approach to their business energy bills. We would urge you to use the facilities at energyadviceline.org.uk where you can check tariffs and receive a quotation to switch to a new supplier for free and online. Or phone us now on 0800 915 1800 for a confidential chat aboput how we can help you through the switch process and set up future reminders to make sure you don’t get caught out by automatic ‘roll over’ contracts.

Npower raises business concerns over electricity market reform

11 March 2011

Companies that use large amounts of energy are concerned about the impact of the government’s Electricity Market Reform (EMR) will have on their businesses, according to research published by “big six” energy company Npower.

In research released on Thursday 10 March to mark the end of the consultation process into the EMR proposals, Npower said companies were concerned about the cost to business and the EMR could have on the UK’s competitiveness in the global business market place.

Over half of businesses polled (55 per cent) fear the proposals will lead to increased energy bills and 47 per cent believe they will be complex and unwieldy for business.

Read more here

With these concerns businesses of all sizes need to be even more vigilant about their business energy use and ensure that they are on the best possible tariffs by checking them via one of the business energy price comparison sites as operated by the Energy Advice Line. Here businesses can check their current rate against other tariffs available on the open market but without all the hassle of contacting each company and enduring endless sales calls. Here a few mouse clicks will provide you with the best available rates for your business electricity that will also provide a free quotation and all the facilities to switch, aided by a friendly EAL adviser online or over the phone. To see how much you could save visit www.energyadviceline.org.uk or call them on 0800 915 1800