The majority of SMEs in the UK don’t understand how common environmental terms such as ‘net zero’, ‘carbon neutral’ and ‘carbon footprint’ apply to their businesses, according to new research commissioned by the British Business Bank. The Opinium survey of 1,000 senior decision-makers in smaller businesses found more than half (54%) believe the language, terminology […]
The UK is currently experiencing soaring energy costs, with prices rising further from this month when industry regulator Ofgem increases the price cap on energy bills by 54%, and another significant rise is expected in October. Commercial energy providers will inevitably pass increasing energy costs onto their business customers, so what can SME firms do if […]
As the war on Ukraine intensifies several countries, including the United Kingdom, have imposed sanctions on Russian energy exports. On the 8th of March, the UK government announced that it will phase out Russian oil imports by the end of 2022, while the US is banning the import of all oil and gas and the EU plans […]
The new energy price cap on the 1st of April, combined with soaring energy prices and the collapse of several firms, means that many businesses will see increases to their energy bills this year. Why are business energy prices increasing? Several factors have contributed to soaring energy prices for households and commercial businesses alike, including high global […]
What should you do if your business energy provider collapses? In the past few month, several energy providers have collapsed as rising wholesale gas prices threaten the sector. A number of factors have contributed to soaring energy prices, including high global demand, as well as maintenance issues and lower solar and wind energy output. Dermot […]
The UK’s Climate Change Agreement (CCA) scheme has been reopened to new entrants for a limited time only. The scheme could save qualifying businesses up to 92% on their Climate Change Levy (CCL). New CCA application window – act now to reduce rising energy costs Businesses must act now in order to benefit from the potential […]
The past year has been extremely challenging for the business energy marketplace, with prices quickly and constantly increasing from the beginning of 2021. These ultimately culminated in a significant spike in late September, triggering the collapse of many smaller energy providers. If your energy contracts weren’t up for renewal during 2021 then it’s likely you […]
The COP26 summit has finally ended after nearly two weeks of fraught negotiations. It has been hailed as a ‘mixed-bag’ by some experts, but its focus was firmly on businesses, earning it the nickname ‘Business COP’ amongst delegates. In the spotlight were industries including finance, construction, vehicles and aviation, agriculture, renewable energy, and infrastructure. But the […]
Managing Director of Enexus Energy, Dan Serghi, speaks to National World about the current UK energy crisis, sharing his industry knowledge and expertise and answering consumers’ burning questions. Dan breaks down the current energy crisis, explaining the causes and the potential solutions. Read the full article for his advice and insights.
Effective April 2022, the Streamlined Energy Carbon Reporting (SECR) requires large companies to report their carbon emissions & energy use.
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