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LoCO2 Energy

Business Electricity from LoCO2 Energy

loco2 energyLoCO2 Energy is an independent, British owned and based renewable and low carbon electricity supplier. LoCO2 Energy has been operating since 2009 and also owns hydro generation facilities via its sister company TLS Hydro.

The LoCO2 Energy Checklist

Security

  • Are their prices fully fixed? Awaiting clarification from LoCO2 Energy
  • Do they include FIT and RO and CFD in the price? Awaiting clarification from LoCO2 Energy
  • What is their back billing policy? Awaiting clarification from LoCO2 Energy
  • Do they require a letter of authority? Awaiting clarification from LoCO2 Energy
  • Does the contract lapse on change of tenancy? Awaiting clarification from LoCO2 Energy

Transparency

  • Is your contract end date on the invoice? Awaiting clarification from LoCO2 Energy
  • Is your termination date on the invoice? Awaiting clarification from LoCO2 Energy
  • When will your renewal letter arrive?Awaiting clarification from LoCO2 Energy
  • When do you need to terminate?Awaiting clarification from LoCO2 Energy
  • Do they require termination letter by recorded delivery? Awaiting clarification from LoCO2 Energy
  • Will they rollover your contract? Awaiting clarification from LoCO2 Energy
  • How high are the out of contract rates? Awaiting clarification from LoCO2 Energy

Convenience

  • Do they mandate Direct Debit payment terms? Awaiting clarification from LoCO2 Energy
  • What are their Direct Debit terms? Awaiting clarification from LoCO2 Energy
  • Do they offer Cash / Cheque payment terms? Awaiting clarification from LoCO2 Energy
  • Do they support reduced rate VAT declaration? Yes
  • Do they bill monthly or quarterly? Awaiting clarification from LoCO2 Energy
  • Do they provide online billing? Awaiting clarification from LoCO2 Energy

Services

  • Do they install smart meters as part of the supply contract?Awaiting clarification from LoCO2 Energy
  • Do they support existing smart meters with full functionality? Awaiting clarification from LoCO2 Energy
  • Do they provide New Connection & Upgrade Services? Awaiting clarification from LoCO2 Energy
  • Do they support IGT meters?Awaiting clarification from LoCO2 Energy
  • Do they support all electricity profiles including half hourly?Awaiting clarification from LoCO2 Energy
  • Do they support related and aggregated meters? Awaiting clarification from LoCO2 Energy

Environmental

  • Do they offer green and renewable products?Awaiting clarification from LoCO2 Energy
  • What is their Fuel Mix?

Other things to know about LoCO2 Energy:

  • The Hertfordshire based business:
  • Offers both green and low carbon products
  • Offers a green product made up of 93% Hydroelectric power and 7% wind power
  • Offers a low carbon product made up of 80% Gas and CHP, 10% Hydroelectric power and 10% anaerobic digestion.
  • Offers an employee scheme where businesses supplied by LoCO2 Energy offer their employees discounted energy rates

Security

LoCO2 Energy and Letters of Authority

In order to act on your behalf in securing your business a great energy deal LoCO2 Energy require us to have a signed Letter of Authority from yourselves. You can download your Letter Of Authority here.

Change of Tenancy and LoCO2 Energy

Moving into or out of a premise is known as a Change of Tenancy in the business energy market. The existing supplier to the premise is obliged to continue to provide energy to the premise and under no circumstances will this be otherwise the case, however it is an obligation on the new tenant to agree a new contract either with that supplier or with a new supplier of your choice. Moving in to a premise supplied by LoCO2 Energy If your business takes occupation of a site currently supplied by LoCO2 Energy you need to inform them as quickly as possible that you are the new tenant. This is critical for two reasons: 1) to prevent your business being held liable for charges incurred by the previous tenant 2) to ensure you can negotiate a competitive rate (and choose to switch if you desire) A Change of Tenancy customer has total freedom of movement and is free to accept a contract with a supplier of their choice. This is good news, however many unscrupulous sales businesses prey on new movers and force them into uncompetitive and unsuitable contracts. To find out more visit our Guide to ScamsIt doesn’t have to be this way. By taking control, informing the supplier of your situation and using Business Juice to secure you the right contract for your business you can take advantage of one of the few re-contracting opportunities outside your renewal window. For your convenience, you can download your LoCO2 Energy Incoming CoT Letter here. LoCO2 Energy will also require one of four ‘proofs’ of the change of tenancy having occurred, these are:
  • Confirmation from the landlord or brewery
  • Confirmation from the estate agent handling the move
  • Confirmation from the solicitor handling the move
  • Copy of the mortgage completion letter (if property bought)
By providing this information together with the LoCO2 Energy Incoming Change of Tenancy Letter you can secure your business the opportunity to strike a great energy deal for your needs. Moving out of a premise supplied by LoCO2 Energy If your business is leaving a premise for which you currently have a LoCO2 Energy contract, you need to inform them as quickly as possible that you are no longer the tenant. This is critical for two reasons: 1) to prevent your business being held liable for charges incurred by the new tenant 2) to ensure you can negotiate a competitive rate at your new premise For your convenience, you can download your LoCO2 Energy Outgoing CoT Letter here. LoCO2 Energy will also want to know:
  • The reason for your moving out
LoCO2 Energy may also want to know:
  • To where your business is moving (if applicable)
  • Who the new occupier of the existing premise will be (if known)
You aren’t obliged to provide this information however always ensure you contact Business Juice as an ‘incoming’ tenant so you can save your business time and hassle and exploit the opportunity to strike a great energy deal for your new premise.

Transparency

For your convenience, you can download your LoCO2 Energy Termination Letter here. Your LoCO2 Energy notice should be sent to: LoCO2 Energy Ltd 1st Floor, Batchworth Lock House 99 Church Street Rickmansworth Hertfordshire, WD3 1JJ

Terminating but remaining on supply with LoCO2 Energy

If you terminate but remain on supply with LoCO2 Energy after your contract end date you will be placed on LoCO2 Energy’s punitive Out-of-Contract rates.

LoCO2 Energy and Out of Contract Rates

We are awaiting clarification of LoCO2 Energy’s out of contract rates. To find out more visit our Guide to Out of Contract Rates

Convenience

When to expect your bill from LoCO2 Energy

LoCO2 Energy operate a policy of billing their customers on a monthly basis.

Where to find your metering information on your LoCO2 Energy bill

For more information of where to find metering information on supplier bills visit our Guide to MPAN and MPRN Identification.

Environmental

We are awaiting clarification of LoCO2 Energy’s policy on offering green or renewable business tariffs. LoCo2 have not published their fuel mix for the reporting period 2013/14, however LoCO2 Energy’s Fuel Mix for 2012/13 was:
  • Coal: 0%
  • Gas: 54%
  • Nuclear: 0%
  • Renewable: 46%
  • Other sources: 0%
And produced CO2 of 213g/kWh and High Level Radioactive Waste of 0g/kWh For 2013/14 the national average was:
  • Coal: 34.0%
  • Gas: 25.6%
  • Nuclear: 21.6%
  • Renewable: 16.7%
  • Other sources: 2.1%
Producing CO2 of 428g/kWh and High Level Radioactive Waste of 0.0017g/kWh To find out more visit our Guide to Fuel Mix.

Getting in touch

Does LoCO2 Energy sound like the business energy supplier you’re looking for? If so call now on 0800 051 5770 Not sure if LoCO2 Energy is right for you? If you’re looking at switching your energy supplier, we’re here to help you determine whether LoCO2 Energy is right for you. We take the research, negotiation and paperwork off your hands and help you switch to a better deal with your choice of new energy supplier. How we help you switch your business energy supplier. Our team of energy experts can help you determine whether LoCO2 Energy is going to be the right supplier for you. The service we provide is independent and impartial, making sure that you get exactly the right deal for your business.