Archive for March, 2013

Ofgem sets out its vision for fairer treatment for small businesses

Monday, March 25th, 2013

Ofgem’s proposed new standards of conduct for how suppliers should treat Britain’s smallest businesses are due to come into force from this summer. These substantial reforms support action Ofgem is also taking on clearer contracts, back-billing and on new powers to tackle misselling to businesses. Ofgem will also be reviewing whether or not automatic rollover of contracts for businesses should be banned altogether.

The new enforceable standards will require suppliers to treat firms, which typically spend up to £10,000 per fuel on gas and electricity, in an honest, transparent and professional way. This will apply to when suppliers are billing, contracting with and switching customers.

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Energy companies look to recover the cost of feed in tariffs

Wednesday, March 20th, 2013

Scottish & Southern Electricity (SSE) has become the first of the UK’s major energy suppliers to look to recoup the cost of feed in tariffs (FIT’s) from its customers. Those customers will be receiving a letter to explain that they will see a new charge on their future bills of 0.243 p per KwH to cover these additional costs.

So are these new increases fair, are they allowed to add charges, and what about the rest of the suppliers?

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What Are Feed In Tariffs?

Wednesday, March 20th, 2013

Feed-In Tariffs were introduced on 1 April 2010 and replaced UK government grants as the main financial incentive to encourage uptake of renewable electricity-generating technologies

FIT’s achieve this by offering long-term contracts to renewable energy producers, typically based on the cost of generation of each technology. Technologies such as wind power are awarded a lower per-kWh price, while technologies such as solar PV and tidal power are offered a higher price, reflecting higher costs.

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Understanding Your Energy Bills – What is the Climate Change Levy?

Thursday, March 7th, 2013

Since 2001 all businesses in the UK have been subject to the Climate Change Levy or CCL as it is referred. It is essentially a carbon tax that adds around 15% to the energy bills of all businesses and public sector organisations.

The CCL was introduced after the Kyoto Summit on Climate Change in 1997. The UK government set high targets for the amount of energy to be generated from renewable energy sources in the future, and the levy was introduced to fund investment in cleaner, greener energy.

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