Electricity & Gas News
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6th Dec 2023
National Grid Triggers Energy Savings Scheme
As the weather drops across the UK, the National Grid Electricity System Operator (ESO) has taken a proactive step to avoid potential blackouts. It's activating its Demand Flexibility Service (DFS) for the first time this winter, a payment scheme that encourages households and businesses to trim down their electricity usage during peak demand periods. This move comes as a response to a confluence...
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29th Nov 2023
How Global Conflicts are Driving Up Energy Prices
The ongoing war and the escalating tensions in the Middle East have cast a long shadow over the global energy landscape, sending shockwaves through consumer energy markets worldwide. The disruption of supply chains and the general uncertainty surrounding these conflicts have all contributed to a surge in energy prices, leaving consumers facing the prospect of a difficult winter ahead. Impact of...
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24th Nov 2023
Global Issues and Winter Pushing Up Gas Prices
The price of natural gas has been on the rise in recent months due to a combination of global issues and the approaching winter season. In October alone, global natural gas prices jumped by 15%, and it is unclear whether these prices have peaked. This uncertainty means businesses need to be extremely cautious about leaving energy contracts until 2024. There are several global factors that are contributing...
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21st Nov 2023
10 energy saving tips for businesses in winter 2023
As the chill of winter sets in, businesses across the globe face the inevitable rise in energy costs. Heating, lighting, and other energy-intensive operations can put a significant strain on budgets, especially for small and medium-sized enterprises. However, implementing energy-saving strategies can help businesses weather the winter without breaking the bank. Embrace Energy-Efficient...
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9th Nov 2023
What is a deemed tariff?
With business energy, deemed rates are often waiting to unsuspecting businesses with their inflated prices and lack of transparency. These contracts are automatically assigned to businesses that fail to secure alternative arrangements and can have a detrimental impact on a company's bottom line. What does a Deemed Rate tariff mean? Deemed rates are default energy tariffs that businesses get put...
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9th Nov 2023
Businesses Can Reap Rewards for Reducing Energy Consumption
Amidst rising energy costs and the ongoing focus on sustainability, businesses are increasingly seeking opportunities to reduce their environmental impact and lower their energy bills.One such opportunity lies in participating in Demand Flexibility Service (DFS) schemes, which incentivize businesses to shift their energy usage away from peak demand periods. Under DFS schemes, businesses receive...
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