Has Your Business Electricity or Gas Supplier Gone Bust?

Since the historic rise in energy prices across the UK the industry has lost no less than 12 Energy Suppliers.To date there are a total of 12 suppliers that have closed their doors leaving approximately 2.3 Million Customers without a supplier!Market Regulator Ofgem are providing a safety net, a regulatory backstop which will do two things, most importantly it ensures that these customers maintain a supply and secondly protects any outstanding credit balances, the energy watchdog will then choose who the accounts are transferred to.The table below lists the energy suppliers that have ceased to trade, the date, number of…

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Will the Energy Price Cap Mean Higher Energy Prices for My Businesses?

Business energy bills have been steadily climbing for a while now, Why? If you're looking for a good deal, maybe because your contract with your electricity provider is up for renewal soon, you might have been keeping an eye on the energy industry, for the last few months prices have continued to increase. Here we will discuss some of the reasons for this. Why are business energy prices rising? If there's a positive to take from the first lockdown back in the first part 2020, it's that demand for fuel was dropping sharply, meaning demand for energy was at some…

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How to Compare Energy Rates for Your Business

Which Factors are Influenced by Business Energy Rates? Business energy rates are any type of fee that a company has to pay for the electricity that it uses. In this section, we will be looking at the factors that a business's energy rates are influenced by. There are many ways energy rates are influenced. These include: -Average Cost per Kilowatt Hour (kWh). The amount of money a business pays per kilowatt hour (kWh) is determined by the amount of power they use, and their rate plan. -Cost per 1000 kWh. If you are a large user then there are discounts to…

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Electricity Base Rates Have Increased by Nearly 100% Over The Last 12 Months!

We saw a decrease in the demand for fuel after the first lockdown happened and as a result, prices were at an all-time low. Prices are steadily increasing but there seems to be a number of different reasons for it. Recently, gas prices have been increasing because of an increase in demand and the effects of the meltdown last year. A reduction in electricity supply combined with an increase in gas prices has led to a higher price for wholesale electricity. The base rate for electricity alone has increased nearly 2-fold in the United Kingdom and is expected to continue.*source: www.theice.comThe…

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Read more about the article MPs Call For Business energy Price Cap
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MPs Call For Business energy Price Cap

With the rising wholesale price of energy, some small and medium size enterprises (SMEs) are just days away from production being halted. The well documented Domestic Energy Price Cap was introduced in July 2018 in a bid to protect Households from the rising cost of energy, exactly why the Business Energy Market was not considered at this time is still anybody’s guess, but that might be about to change if Labour and Conservative MPs are successful. The government has been told by key leaders of the UK’s energy intensive manufacturers such as steel, ceramics, glass and paper, that unless something…

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How to Compare Business Electricity – Step by Step Guide

We cannot compare business electricity providers without looking at the facts When comparing different providers of business electricity, you need to take a number of factors into account. You can’t just pick a company because it has a catchy slogan or promises the lowest rates on the market. You should make sure you take advantage of your renewal offer from your current supplier before getting quotes, as this could save you money in the long-term and could be a much more simple and faster process. Also it gives you a benchmark to see just how good the offers you find…

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2 Energy Companies Become The Latest victims of The Record Energy Price Hikes

MoneyPlus and PfP Energy close their doors as prices reach new highs, 100,000 customers will lose their utility company. Energy providers are experiencing a surge recently, and this has led to over 100,000 UK customers without an energy company. MoneyPlus Energy and PfP Energy succumbed to the increasing market pressure as the The UK’s gas market has been seeing large jumps this week, with chart busting high prices being reached on Tuesday. In the electricity market, prices have also been surging back to 2008 price levels. It is expected to see a a glut of similar small suppliers collapse under…

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How to Choose the Best Energy Supplier for Your Business?

How to Compare the Different Types of Energy Supply? Comparing Business Electricity and Gas Tariffs is now super easy with our Business Energy Price Comparison Tool Energy prices keep rising. It is not easy to make a decision what tariff fits your needs. There are many energy suppliers in the market and they all have different prices and tariffs. We will compare the prices for you with our online comparison tool and help you choose the best energy supplier for your needs. Save Money on Your Electricity Bill by Switching to a Better Supplier Most people don't know that electric…

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How British Gas for Business Can Help You Manage Your Energy Costs & Reduce Carbon Footprint

Why Choose British Gas for Business?   British Gas is one of the UK's leading energy suppliers There are many ways to save on your energy bills British Gas is one of the UK's leading energy suppliers. It offers excellent customer service and features the latest innovations in the oil and gas industry. As a result they have a duty to help people manage their energy use and reduce their carbon footprint. The company does this in a number of ways: through its online platform, British Gas energy monitor, and a range of products. British Gas Energy Monitor What does…

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The Worcestershire 1000

Future Utilities are delighted to announce that we are now a Worcestershire Champion - The Worcestershire 1000 is a family of local businesses, companies and individuals helping to tell Worcestershire's Story and promote the county far and wide. By sharing what makes Worcestershire special to all of our networks and customers, colleagues and friends. we hope to , together, build ONE WORCESTERSHIRE which attracts success and prosperity for all. Worcestershire has so much to offer and together a partnership of private sector companies and public sector organisations from across the county have developed this new approach to raise the profile of…

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