What is renewable energy? Renewable energy is a term that all of us will be well aware of by now. It has managed to find a spot in our vocabulary with many of us still having no idea what it actually is. Many could ramble through an explanation, maybe hitting a few buzzwords along the […]
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Restaurants can consume a lot of energy as many appliances are used during the food preparation process. Moreover, a lot of power is needed for heating and lighting to ensure that customers have an enjoyable visit. Each year in the UK, the catering industry as a whole spends £400 million on energy and uses around
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“The EU ETS is the largest multi-country, multi-sector greenhouse gas emissions trading system in the world.” – Gov.uk Included within this system is over 11,000 power-stations and industrial plants across the EU – with 1,000 or so of these within the UK itself. These are not limited to one specific industry – the list includes
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THE ULTIMATE GUIDE TO AVOID OVERSPENDING ON UTILITIES Across 5 of the UK’s biggest cities, £60 million is being spent on unnecessary energy bills. Businesses are paying for energy they are not using, with some studies showing that UK businesses are wasting nearly 50% of the energy they pay for. Five sectors – offices, retail,
What is hedging? Hedging in the energy market, is a method in which energy suppliers are able to purchase energy in such a way that minimises any risk posed by price volatility of energy. This is astonishingly, the simplest definition that could be thought of. We will discuss in more detail how hedging works, and
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Feeling Flexible? Instead of the usual fixed costs paid for energy in most contracts, some suppliers offer flexible contracts. Flexible contracts are tailored to larger consumers. The energy market is volatile; this means there are frequent, unpredictable price rises and falls. Flexible contracts allow businesses to take advantage of wholesale price movements, instead of fixed-term
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Energy bills can be very costly. Many people simply accept the fact that they’re high and do not think about how to reduce them. Nevertheless, being aware of our exact energy usage can help us realise why we’re paying a certain amount. An energy audit is also referred to as an energy assessment. It’s a
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Your Complete Guide to The Energy Supplier Complaints Handler Energy Ombudsman are approved by Ofgem to handle disputes between consumers and their energy suppliers. You can make use of their complaints services if you are a domestic or micro business energy consumer. Essentially, an ombudsman is someone who investigates complaints. In this instance, the ombudsman
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