SMEs still suffering from FTSE payment terms

With about as much use as the proverbial confectionary based fireguard, the Prompt Payment Code has come under fire from the Federation of Small Businesses (FSB). The voluntary and non-binding nature of the code means that at best its participants – estimated to include up to ¾ of the companies listed on the FTSE 100 – […]

January 2015 SMI from Ofgem

Supply Market Indicators In our regular monthly review of Ofgem’s Supply Market Indicators we focus on January 2015’s release from the energy regulator. Quite why is unclear, but Ofgem didn’t bother to publish their Supply Market Indicator in December 2014. That it was produced is known but it certainly is a little curious that something the regulator places so much stall in […]

The energy industry finally gets smart… from April 2016

Forget the Smart Meter Roll Out, in this corner of the energy industry we simply don’t expect it to happen on time, in budget, at all. There is however a much more exciting prospect for business energy customers that is finally being implemented and which should be the foundation for a truly smarter, more efficient, […]

UK’s Canniest Region for Business Energy

Where are the nation’s canniest businesses when it comes to buying business energy? The results might surprise you Propensity to switch East Anglia is the UK’s region with the highest propensity for business switching. With 11% of the UK’s businesses based in the region according to the latest government business census data (the third highest […]

Shift Away from the Big 6 Energy Suppliers

Leading independent business energy broker Business Juice have released their 2014 Business Energy Trend Figures which have demonstrated a trend of diminished loyalty towards the Big 6 energy suppliers amongst businesses as 38% of customers switching moved their contracts in 2014 to join smaller suppliers. Only 6% of switchers actually moved from a smaller supplier to […]

FSB get business energy hopelessly wrong once again

In an interview with the Independent earlier this week, Mike Cherry, National Policy Chairman of the FSB has claimed: “There is far less transparency around pricing in the business market, making it hard for small firms to know if they’re getting the best deal.” Michael, we could not possibly disagree more. In fact you are […]

EDF Energy cut domestic prices (yawn)

And then there was six. EDF Energy have completed the set announcing a moderate fall in domestic energy prices of 1.3%. That in itself, though predictable in its timing, has a surprise in the relatively low fall compared to the rest of the Big 6 who announced cuts of 3.5% to 5.0%. It’s also interesting […]

Business energy – winners & losers

The big winners in the business energy market are of course always the customer themselves. Our market is the only one offering price transparency, opportunity and value. Despite what the naysayers will have you believe this is a dynamic market that is in need of only one solution – engagement. Of course some businesses lose […]