Most people only have one meter in their home/business so it can be very confusing to suddenly encounter new kinds of meters with multiple tariffs. Here is a breakdown of the different types of meters, what they all cost and what they all do. Types of meters: Standard meter Standard meters record the gas or […]
Why do I have Multiple Meters or Multiple Rates? Read More »
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
Hedging and how it affects price Read More »
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
A Comprehensive Guide to Flexible Contracts Read More »
THE ULTIMATE GUIDE THAT WON’T LEAVE YOU SAYING WHAT? Seeing ‘watt’ may have you reminiscing a particular summer of high school where your teacher got out some crocodile clips and you discovered how electricity works, leaving you thinking ‘what’s the point?’ Watts are more useful to you than only helping you to reminisce your 14-year
Following the original rollout starting in 2011, the British Government were able to estimate a total of 665.1million smart meters in the world in 2017, with hopes to rise to over 1.2 Billion by 2024. You may be expected to install a smart meter or pay higher rates with a number of suppliers, such as
Smart Meter Myths: Busted Read More »
It’s a shame that you’ve found yourself in a position where you aren’t happy with your energy or water supplier, but it is important you find a way to make it better. Suppliers will have a specific procedure in place on their website to facilitate your complaint, it will generally be one of these: Telephone
Not Happy? A Comprehensive Guide for Complaining to Your Supplier Read More »
A Letter of Authority (or LOA) is primarily for brokers to manage your energy supply by giving them the rights to take action on your behalf. This could be done through contacting your current supplier as well as the new company you may be looking to switch to, and allows them to act on your
Letters of Authority – Why should I sign one? Read More »
