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Energy Industry News

Government sets out support for energy bills in 2023

During the recent Autumn Statement, new chancellor Jeremy Hunt outlined what support would be available to households and businesses struggling with rising energy bills after April 2023. Hunt announced that targeted support will remain in place for the most vulnerable, but that bills are expected to rise further next year. Speaking during the Budget, Hunt […]

Business Energy

Top tips to save money on your business energy bills this winter

With winter fast approaching and daylight hours beginning to shrink, now is the perfect time to look at ways to optimise the energy efficiency of your businesses. While some industries are more energy-intensive than others, government data shows that average small and medium-sized enterprises (SME) could reduce energy bills by 18-25% by installing energy efficiency measures and implementing behavioural […]

Energy Industry News

Government announces ‘windfall tax’ for low-carbon energy firms

The government has announced that it will introduce a windfall tax on low-carbon energy companies in a policy U-turn. Last month the European Union announced a €140bn levy on firms and Liz Truss had faced growing pressure to follow suit, after repeatedly resisting calls to cap profits being generated by power companies. TUC general secretary Frances […]

Energy Industry News

Ofgem issues energy firms with enforcement notices over treatment of customers in payment difficulties

Energy regulator Ofgem has published the results of a new review into how energy suppliers help customers in payment difficulties and has found issues ranging from minor through to severe weaknesses or failings.    The deep dive found that, although good practice exists across the industry, with one supplier having no issues, most need to make […]

Business Energy Energy Industry News

The government announce help for businesses with the rising cost of energy

Clear support has been announced and is welcomed by businesses to offset energy prices that have dramatically increased in recent months. What help will there be? The government will cap the wholesale rate of energy at £211/mWh for electricity and £75/mWh for gas for all businesses that have signed a contract on or after 1/4/22. This is […]