Our Insights
Keep your business relevant and compliant with our carefully selected news and legislative updates below.
Posts Tagged: energy management
As most people are now painfully aware, the cost of energy is set to increase year on year. The winter period tends to be a particularly expensive time as the cold weather increases the demand for energy for heating, meaning that prices will rise.
A number of factors that cause energy...
Read moreOfgem have announced a major regulation change which will impact the cost of your business’ electricity bills and may affect when you use electricity. This new regulation is called DCP 228 and is one of the latest regulations to impact DUoS (Distribution Use of System) charges and will come into effect from...
Read moreTechnological developments in the energy sector means that it is now possible to remotely monitor your business’ energy consumption. The technology used for measuring gas and electricity varies slightly as Liquefied Petroleum Gas (LPG) and standard gas is measured by a data logger and electricity is measured by an Automated Meter Reader...
Read more...and we’re not just talking about the new tax year! 1st April 2017 marks the implementation deadline for P272 legislation.
What is P272?
In simple terms, this legislation changes how suppliers will settle power consumption and enforce Half Hourly (HH) metering where required. The legislation applies to all maximum demand meters with...
Read moreWith the non-commodity and government levy components of the overall electricity price set to rise exponentially over the next few years, it is becoming increasingly important that businesses take active steps to reduce energy use.
It is unlikely that securing the most competitive energy pricing alone is enough to protect your business' bottom line. To secure future financial...
Read moreThroughout 2016, Britain saw a 30% and 40% increase in British gas and electricity respectively and there are a number of factors that have contributed to this. It is inevitable that energy consumption rises during winter months driving costs up as demand is greater, however, suppliers face a number of...
Read moreHigh energy user? This could affect you.
OFGEM has instigated industry-wide legislation (P272) to make Half
Hourly (HH) settlement mandatory for all large energy users. The
legislation is designed so that suppliers can better plan demand
and to encourage businesses to look at efficiencies through better
awareness of their...