March 2015 Supply Market Indicators Headlines: The cost of the average gas contract has decreased by 0.9% between 2009 and 2015 The cost of the average electricity contract has decreased by 1.2% between 2009 and 2015 Month on month the constituent parts of the energy price have moved thus: Element Gas […]
Response to the Ofgem / Citizens Advice small business TPI factsheet
Business Juice response to the Ofgem / Citizens Advice small business factsheet on working effectively with third party intermediaries (TPIs). Business Juice welcome the updating of the factsheet from the collaboration between Ofgem & Citizens Advice. Whilst we suspect the circulation of this document is limited we believe that the intent and spirit of the […]
Non-domestic market update from Cornwall Energy
Non-domestic market update from Cornwall Energy Cornwall Energy has been commenting on competition in supplying business customers for 10 years. We asked them to comment on some of the trends they saw in their latest non-domestic market share survey for standings as at 31 October 2014. “In recent years the proportion of the electricity market […]
Apathy is an expensive business
A view from the floor In the latest of our series of articles written by our Business Advisors, James Rippin explores the cost of apathy when it comes to business energy: Energy is essential to modern life. As such, there is an element of dependence which places leverage in the hands of the seller (the suppliers) rather […]
Latest business energy rules coming into effect
The latest in a long line of promised amendments to rules governing the business energy market are finally coming into effect. Having been in the pipeline for months and having been debated and consulted for years, Ofgem are finally bringing new rules to protect business energy customers from 30th April 2015. There is a catch […]
“All I want is the best price”
In the latest of our series of Ask the Boss features, we ask Business Juice’s CEO the latest question posed by our clients: “Why should I care about the bells and whistles when all I want is the best price”. Business Juice: “These aren’t mutually exclusive, indeed what is the point of a cheap price if […]
To frack or not to frack
It passed without a peep of controversy but last month the government’s Infrastructure Act gained Royal Assent. Not the sort of news to normally set hares racing or even hairs standing on end, but this particular bill, like many, has passed unnoticed but carries with it significant implications for the lives of Britons and the […]
National Grid prepares for Winter 2015/16
Spring has only just sprung yet National Grid, the owners and operators of the pipelines and wires that gets electricity and gas around the UK area already looking forward to next winter. Winter 2015/16 has always been seen as the sternest test of the frail network infrastructure that supports the UK energy market and National […]
Miliband’s energy freeze madness returns
As energy takes an increasingly central stage in the pre general election tussle Ed Miliband has dusted off Labour energy price freeze, sort of. Having been caught out by the simple economics of a market not listening to political policy that undermined his 2013 price freeze promise, Miliband struck a chasten figure on all things […]
Ofgem referred to CMA on networks
Why settle for one when you can have two? That could be mistaken for the policy of the UK energy market following the announcement of a second Competition and Markets Authority investigation into the energy market. This time though it isn’t Ofgem referring the suppliers to the CMA, as was the case in 2014 and […]