A record 3.8 million people switched energy supplier in 2015 which was a whopping 0.6 million more than in 2014. It just goes to show that consumers are becoming more and more savvy with their bills and less likely to remain loyal to suppliers that penalise long-term customers with high rates. Lawrence Slade, chief executive of Energy […]
Independent energy suppliers overtake Big Six
The number of customer service complaints have rocketed for the larger suppliers who seem to have become complacent in their old age. The Big Six are already in the firing line again over high energy prices and it seems the general public are jumping ship to smaller suppliers. The independents have seized the window of opportunity, […]
Energy prices hit five-year low. Will businesses profit?
News has just been released that wholesale gas and electricity prices hit a five-year low at the end of 2015 putting more pressure on suppliers to slash prices. Prices plummeted as a mild winter in the UK meant a lower demand for energy along with lower prices globally thanks to shale exploration and an attempt […]
How CMA rules are set to change the business energy market
After the CMA’s investigation last year, the energy market is set to come under further scrutiny over the next eighteen months. Price comparison websites (PCWs) and energy brokers will be in the firing line as the CMA stated that they intend to: “Undertake analysis on price comparison websites, with the aim of understanding whether problems […]
Energy Prices Down so Why Not Energy Bills?
Q: If the wholesale price is falling why isn’t my energy bill? A: The government Much has been made recently of the seemingly inexorable falls in the wholesale energy market, look a little closer though and you can see the ‘falls’ are not linear, rather they are a series of peaks and troughs albeit on […]
New leadership at energy broker, Business Juice
After 2 years as Managing Director of Business Juice, James Constant has stepped aside. We would like to thank him for the time and effort he has put into the launch and development of an organisation designed to help businesses of all sizes make sense of the energy market and get the right deal. We are […]
How will cuts to FiT affect business energy prices?
New rates have been announced for the Feed-in Tariff (FiT) scheme for 2016 onwards including a 64% cut to the domestic tariff bringing down rewards from 12p/kWh to a measly 4.39p/kWh. The subsidy cuts however were smaller than expected for small to mid scale solar, wind, and hydro projects, although plans for a £100m cap […]
Top 5 business energy saving ideas for dentists!
While all businesses are seeking ways to reduce their energy bills, we know just how important it is for dentist in particular because of the energy you use day-to-day. Dentist surgeries could save thousands on their business energy bills just by reducing their consumption and switching suppliers and we’ll explain just how it’s done. With […]