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How to terminate an energy contract with your utility supplier?

Knowing how to terminate your business energy contract is extremely important. While the ‘Big Six’ energy suppliers in the United Kingdom (British Gas, EDF Energy, EON, Npower, Scottish Power, and SSE) have permanently stopped “rolling over” their customers to a new energy contract, a bulk of the U.K.’s energy suppliers continue to practice this. Unless …

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WHAT HAPPENS WHEN MY BUSINESS ENERGY CONTRACT ROLLS OVER?

In 2013, the largest energy suppliers in the United Kingdom suspended rollover contracts for good. However, the practice still continues, putting thousands of businesses at risk of being locked into an expensive energy contract that isn’t their choice. Rollover contracts spell trouble for all kinds of businesses. Aside from forcing customers to pay higher rates …

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HOW TO COMPARE ENERGY SUPPLIERS TO FIND A BETTER DEAL

Have you ever stopped to consider why you’re with your energy supplier in the first place? Is it because your friend convinced you to choose them? Or maybe it was the first Watt energy supplier that appeared on Google? Many households fail to realize that the reason why they’re spending so much on their electricity …

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WHICH UK ENERGY SUPPLIERS HAVE GONE BUST?

As of February 2021, two energy suppliers in the United Kingdom have already gone bust. This has forced more than 400,000 British households to seek alternative utility suppliers. For most consumers, news of energy suppliers going bust can be worrisome. What if their energy supplier will be the next to go out of business? Who will …

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ENERGY SUPPLIERS IN THE UK WITH SMART METERS

A nationwide roll-out has obligated energy suppliers to provide each household in Great Britain with a smart meter by mid-2025. But what, exactly, is a smart meter, and what does it do? Everything you need to know about smart meters is below: What is a Smart Meter? A smart meter is an advanced meter that …

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OFWAT COULD RELAX TARGETS TO FOCUS ON CUSTOMERS DURING CORONAVIRUS

Demonstrating that they acted in the best interest of their customers could earn companies some leeway from the utility’s regulator Ofwat. This could be welcome news for companies that are already stressed due to the coronavirus pandemic that has not yet shown any signs of slowing down.   Possible relaxation for water companies   Ofwat …

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OFWAT WANTS INPUT REGARDING MITIGATION OF COVID-19’S IMPACT ON BUSINESSES

The Covid-19 pandemic and its impact are being felt all over the globe. UK’s economy has been severely impacted by it. The Government has been making numerous forms of financial support available to all types of businesses. Ofwat, UK’s water regulator, sought input for mitigating the impact that coronavirus is having on businesses. It has …

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GAS PRICES FALL, BUT MAJOR UK SUPPLIERS NOT PASSING ON SAVINGS TO CUSTOMERS

A sharp decrease in gas prices The wholesale prices fell due to the reduction in commercial and industrial demand because of the coronavirus pandemic. The ongoing price-war between Russia and Arabia further brought down oil prices. In the words of Matt Clemow, who is the CEO of Igloo Energy Covid-19 has had a significant impact. …

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NEW YLEM ENERGY PLANT COMES ONLINE

Ylem Energy Ltd. recently announced the commencement of operations at its new energy generation plant. This energy plant from the UK’s leading company in the sector of flexible energy would be operating on their latest natural-gas fueled generation technologies. Ylem Energy has been in the sector since 1990. In its 25 years of operation, it …

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