Centrica, who have 70% of the UK’s gas storage, have made the difficult decision to close their storage facility until the spring. This has caused the price for gas to increase by 10%, pushing it to its highest for a year.
Through our special access to flexible energy markets, we bought 200,000,000kWh of gas, and sold 100,000,000kWh of electricity, for our clients last week. This translated into a total contract value of £8m.
Having a big efficient ‘green’ boiler, supplying heat to a whole town or district, is relatively common in Denmark and other countries; in fact one of our clients, Thamesway Energy, does something similar to this in Woking and Milton Keynes.
But why isn’t it more widespread in the UK?
You should be regularly checking every aspect of your energy bills each time you receive one. This is especially important if your electricity profile has been, or will be, upgraded under the P272 scheme and you are new to this type of billing.
We’ve always had a strong desire to provide our customers with great customer service. Whether Kimberley is helping you with your energy contract, or Elisa is managing your energy accounts, we all strive to ensure that we give our customers a personal and comprehensive service.
Energy suppliers are tightening up their procedures to ensure that energy account information is only shared with people who have authority. So for energy brokers, this is where a Letter of Authority (LOA) comes in.
A survey commissioned by Npower claims that 81 per cent of British retailers are unaware of forthcoming legislation P272. This legislation will mean changes to how energy is measured and billed for businesses across the UK.
