Independent business gas and electricity broker, Business Juice has introduced a “Today’s Market” feature on its website. This daily energy price indicator publicises the daily movement in wholesale energy costs to help companies and individuals see at a glance which direction energy prices are heading, so that they can anticipate the optimum point to enter […]
Latest Energy Price Projection
The current volatility in the wholesale market is having a direct bearing on the price you pay per kWH for your business energy. Based on current market prices for contract starts over the coming 3 months we can see a significant increase in price from an average 12.75p/kWh today growing to 13.214p/kWh by May. This […]
The 2015 General Election: Energy & Business Part II
Disclaimer: The opinions expressed in this series are entirely those of your correspondent. Speaking to owners of businesses of every hue recently a common theme has been that “things won’t return to normal until after the election”. Judging by the last few weeks the months ahead to May are unlikely to be the most […]
Comparison Websites in the Dock
Shuffling in like naughty schoolboys before the headmaster, the bosses of the Big 5 price comparison websites were last week called before the energy and climate change select committee in order to be grilled on widespread concerns about alleged profiteering and partiality. The change in mood around price comparison websites began in late 2014 with […]
The 2015 General Election: A Warning from history
David Cameron speaking to the British Chambers of Commerce on 10th February 2015: “I’ve sat in Parliament from 2001 to 2015. “For the first 9 years of that I had opposite me on those green benches Tony Blair and Gordon Brown and whatever else we disagreed on, we agreed that business is the generator of […]
The 2015 General Election: Energy & Business Part I
Disclaimer: The opinions expressed in this series are entirely those of your correspondent. Your correspondent believes that the two party system adopted in the UK needs and deserves two strong parties with polarised views on key issues so as to create a working, and healthy political dynamic. We may not be back in the days […]
January’s wind cancels out the hot air
It was windy in January, and after the debacle of the day of highest demand when wind was found wanting and it was revealed that the UKs wind farms have an efficiency rate of just 28%, much needed positive news was welcomed enthusiastically by the wind lobby. Whilst the heavily subsidised developers and operators might not […]
Nolan nobbles National Grid
There was an unwelcome pause in the services from Xoserve this week, the publicly unheard of business that operates as a key conduit to the smooth running of the gas industry. Xoserve, borne out of the separation of the old British Gas (now Centrica) and its pipes and networks business (nee Transco) has for 20 […]
Saudi’s oil game portents high energy prices
Saudi Arabia’s high stakes game of over-production in an already saturated (relatively) low demand market has intensified with the revelation that they have increased oil production to 9.8m bpd, its highest level since last Autumn. Saudi’s latest market making action holds out the potential for increased periods of low prices with Khalid al-Falih, chief executive […]
Which? claims energy price falls too little
Another day, another round of energy attacks from our politicians. Thank the good lord we are not a high street chemist. The latest lambasting of the Big 6 energy suppliers came from price comparison website (or consumer champion depending on who you listen to) Which? Which? have done an Ofgem and collated their ‘own’ SMI. […]