Latest news from energyhelpline
11 November 2013: Cheapest Rates: Gas 3.5p/kWh, Electricity 9.5p/kWh
We have searched our rate cards and the latest Cheapest Rates available
3.5p per Kilowatt Hour - Gas
9.5p per Kilowatt Hour - Electricity
We can sometimes go lower but only for big businesses in certain circumstances. Give us a call or fill out a lead form to see if we beat your renewal quote or get you a better deal if you are not yet in a contract. We compare many suppliers and we will assist you through the switch so you are not on your own in the business energy market place.
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2 October 2013: Miliband to “take action” against energy firms
Miliband to “take action” against energy firms
In a move welcomed by consumers Ed Miliband has hit out at energy firms claiming that the UK had “a market that isn’t working”. Labour believes that businesses will save an average of £1800 per year under the measures that include capping the prices on energy bills.
The energy companies are understandably against this measure, with a senior British Gas executive claiming it could “threaten energy security in the UK”. There is even talk of periods of energy blackouts being caused by this policy.
Paul Massara, RWE Npower Chief Executive:
"It's very easy for politicians to come up with simple-sounding solutions to difficult problems.”
"But in reality, there are three main factors that influence prices: fixing inefficient housing stock: the investment required to replace the UK's energy infrastructure and the cost of buying energy on the global market.”
"If the Labour Party can commit to reducing policy costs on household energy bills, stopping the smart meter roll-out, preventing commodity cost increases and accept that there won't be any investment in new power stations and infrastructure, then we could freeze our prices.”
"But will this make things better for Britain?"
The current government is also sceptical, Ed Davey the current Secretary of State for Energy and Climate says;
"Labour's plan is a promise that won't work.”
"When they tried to fix prices in California it resulted in an electricity crisis and widespread blackouts. We can't risk the lights going out here too.”
"Fixing prices in this way risks blackouts, jeopardises jobs and puts investment in clean, green technology in doubt."
Whether any of these claims or promises ever come to fruition is still to be seen. This new left leaning policy is certainly a vote winner with the bill paying public and business owners, but will it win over enough people to help Labour win the next election we will see. In the mean time the current government, the energy companies and the opposition will continue to argue and fight their own corners, and UK businesses will continue to struggle with rising energy costs.
energyhelpline business is the UK’s leading business energy prices comparison service, to find out how you could save money on your energy bills, follow the link below and speak to one of our advisers for a free no obligations quote.
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12 September 2013: Business Energy sector 'faces systemic industrial massacre'
Business Energy sector 'faces systemic industrial massacre'
Many members of the public are already worried about how they will pay for the cost of their gas and electricity, but bills are likely to continue to rise in the near future.
Antonio Tajani, the European industry commissioner, explained that the drive to develop more renewable energy is pushing the price of electricity to unsustainable levels.
In an interview with the Daily
Telegraph, he stated that the industry is facing a "systemic industrial massacre"
because of factors such as an overvalued euro and rising energy bills.
Speaking during the Ambrosetti forum of global policy-makers at Lake Como, Mr Tajani said: "I am in favour of a green agenda, but we can't be religious about this. We need a new energy policy. We have to stop pretending, because we can't sacrifice Europe's industry for climate goals that are not realistic, and are not being enforced worldwide."
What the future holds
Mr Tajani stated that Europe is
currently finding it hard to cope with the US on energy prices, due to the fact
America has embraced the shale gas revolution in a way that is yet to be seen
across the continent. Fracking projects are commonplace in the US now and this
has helped to bring down the cost of energy for members of the public, but
these schemes have been met with vehement opposition in the UK and various
Paulo Savona, head of Italy's Fondo Interbancario, stated that the current lack of competition within the energy industry is "frightening". He added: "When people choose whether to invest in Europe or the US, what they think about most is the cost of energy."
Fracking has given the energy sector in the US a new lease of life, according to a recent report by the American Chemistry Council, which claimed that the use of shale gas has given the country a "profound and sustained competitive advantage" in chemicals and plastics, as well as other related industries.
Consultants IHS have also released a report that stated US chemical output is expected to double by 2020, while Europe's own output is going to drop by a third over the course of the same timespan. IHS said $250 billion (£160 billion) in extra US manufacturing is set to be added by shale in the next six years.
Energy costs must fall
European president Herman Van Rompuy is among those to have called for the price of energy to come down across the continent, explaining it ought to be one of the top priorities of the European Union in the coming weeks and months.
"Compared to US competitors, European industry pays today twice as much for electricity and four times as much for gas. Our companies don't get the rewards for being more efficient," he said, while Mr Tajani stated that he is in favour of developing shale gas resources.
Mr Tajani also criticised the tight monetary policy of the European Central Bank, calling for the formation of a new institution more like the Federal Reserve in the US or the Bank of England. He claimed this would help to promote lending to small firms and boost the energy industry.
Concerns over energy bills
Worries over the future of energy bills were recently highlighted by a ComRes poll for the BBC, which found that 25 per cent of people have put up with "unacceptably cold" houses in the last 12 months because they were afraid of how much their bills from energy suppliers would be.
Energy secretary Ed Davey blamed
the increasing cost of gas and electricity on the failings of the previous
Labour government, while shadow energy secretary Caroline Flint claimed it is
due to the weak leadership of prime minister David Cameron.
The survey found 63 per cent of 1,035 respondents have cut their energy use because of rising costs in the last year, while 69 per cent of those who took part in the questioning ought to be energy firms should be nationalised.to compare energy suppliers now and beat the price rises
10 September 2013: Top 5 Energy Saving TipsTop 5 Business Energy Saving Tips
1) Switch off all non-essential equipment at night Monitors, mobile phone chargers, computers, lighting all can be switched off at night. Remember you pay for 24 hours electricity use in each day, if staff are only in the office for 12 hours per day the other 12 hours is wasted money
2) Install energy saving light bulbs Sounds simple, and it’s probably something you’ve done at your own home but many business owners or decision makers don’t translate the same actions to their business.
3) Turn down your thermostat to 21 degrees The optimum temperature for an office or work place is between 20-21 degrees. Remember though this can vary depending on the use of the room. If lots of physical work is done then it could be possible to reduce the temperature even further.
4) Check your insulation Make sure that the walls, roof are fully insulated and that you have checked for gaps in the window and door fittings. Installing new insulated windows can make a huge difference to heating bills
5) Make staff aware of energy saving methods One of the best ways to do this is to put up energy saving posters. Your staff could make a big difference to reducing your energy bills. Try to get them to think about their energy usage.
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14 August 2013: Npower joins the ‘no-rollover contract’ revolution
Npower have announced that as of April 2014 they will no longer be automatically rolling business customers on to expensive ‘out of contract’ rates. This will apply to new customers, and existing customers will not benefit from the changes until November 2014.
This should mean that instead of being rolled over customers are offered a range of other fixed or variable term contracts. energyhelpline for business welcomes these long overdue changes, for years business customers have been harshly treated by the energy companies, and finally it looks like the process might be coming to an end. Npower have followed British Gas, who were the first to announce they would be stopping the rollovers, with Eon also announcing they would if the other big six suppliers did as well. It will now become even easier for businesses to pick and choose the best deal for their business.
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23 July 2013: Is this the end of auto rollover contracts for business?British Gas have announced that from June 1st next year they will no longer be rolling over business customers automatically onto high out of contract rates. Whether this will be part of an industry-wide initiative is still to be seen. Eon recently called for all energy suppliers to put an end to the process, yet hasn’t ended the practise themselves. Some sceptics claim this could simply be a piece of PR, we’ll have to wait and see if they come through with their own suggestion.
Out of contract rates have been the scourge of the industry for many years. Businesses signup to cheap energy deals and then, if they don’t renew within an extremely short window and in a very complicated manner, they are rolled over on to much higher ‘out of contract rates’ when their contract expires. This often means businesses are stuck on higher rates for at least a year.
Ofgem is currently deciding on whether to introduce a total ban on rollover contracts, however to the annoyance of many small businesses a decision will not be made on this until the winter.
21 July 2013: Latest case studies and testimonials
28 June 2013: Save £££ on Business Insurance
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