All About Savings Urges Companies to Seek Long Term Business Energy Deals
Businesses across the United Kingdom are being urged by experts in the industry, not least All About Savings, to acquire the longest possible business energy deals. These firms will be better off in the long run due to the uncertainty surrounding the sector. Luckily, our team of specialists can help you to do just that by switching you to the best supplier for the most appropriate length of time.
Business energy prices have spiralled by more than 11% on average in the past year and firms on one-year contracts at the beginning of last year are bearing the brunt.
For instance, electricity tariffs on a one year contract cost an average of 9.56p/kWh a year ago.This has risen 15% to 10.99p/kWh – this is according to the Energy Advice Line.
Long term customers are however faring far better. Businesses on deals of up to three years at the start of 2012 would have slightly more to start with. However, these companies will now be paying less than average presently – and these more attractive rates will be locked in for some time.
A review recently conducted by experts in the business energy industry hasfound that most UK firms opt for the cheapest short-term deals – a staggering 87%.
All About Savings is on hand to help remedy this situation for your business. Simply fill in the no obligation quote form on this site or call the local rate number at the top of the page and one of our seasoned professionals will be in touch to help you to get onto the right business energy tariff completely free of charge. We have already helped thousands of business customers to reduce their monthly outgoings so do not delay in getting in touch immediately.
Which? Casts Doubt Over Tariff Reforms Stating They Could Add £55m to Energy Bills
Despite the fact that domestic and business electricity customers have been assured that tariff reforms will result in lower bills, Which have cast doubt over the issue. The consumer watchdog has stated that their research suggests as much as £55 million could actually be added to UK bills.
This has caused fresh confusion in the industry, which is far from needed following the furore surrounding the recent frackingissues. In excess of 1,000 price permutations had been offered to both business and domestic customers which will no doubt come to the anger of consumers across the United Kingdom.
The research suggests that the sector could become so saturated with rival tariffs that it could mean higher prices for things such as business gas and business electricity. Ofgem has been put under increasing pressure by the government to drive prices down so this news will no doubt come to their dismay. Their mission is to ensure that domestic customers and businesses alike are given fairer tariffs. Their plan to limit suppliers to four core electricity and gas schemes must surely be the next phase of this objective and could be adopted as early as this summer.
Co-Op Energy is actually the biggest of the independent operators in the United Kingdom, with in excess of 100,000 customers. They fear that loopholes will mean that suppliers can offers at least 72 different tariff options and 1,000 pricing deals – surely flooding the market and making a minefield of an industry even more confusing.
In an intriguing development, consumers have been encouraged to tweet Ofgem with a very simple message in order to spur them into action.
Luckily, All About Savings’ infamous team of business gas and business electricity experts will be able to help your company whatever happens. Not only do the panel offer free and impartial advice on any aspect of business gas, telecoms, insurance and electricity but they can also find you the perfect supplier and deal with your switchover. Call the number at the top of this page or just fill in the no obligation feedback form for an immediate call-back.
80% Of Domestic and Business Customers Confused By Their Bills
There has been yet more confusion in the domestic and business electricity sector, as it has been revealed that up to 80% of customers are completely baffled by their bills. This is resulting in up to £180 being paid to energy suppliers unnecessarily.
This news could not have come at a worse time for electricity providers, with Ofgem currently embarking on its consultation into energy tariff complexity.
Following a recent survey conducted by Co-Operative Energy, around four out of five domestic and business electricity customers that think they are on the ideal pricing plan – are not. This all means that there really has not been more appropriate time for you to get in touch with All About Savings to ensure your business is on the perfect business electricity tariff.
Those who think they are on the cheapest business gas or business electricity deal could save over £107 a year, if not more. With our team of experts at your disposal, you can even rely on All About Savings to take care of all the necessary paperwork.
Government figures have recently revealed that the average energy bill was in fact £1,279 – this is a figure that can be dramatically reduced using the thorough research and expertise that outfits such as All About Savings possess.
The ‘Big Six’ suppliers are also be urged to make fundamental changes to their billing system to make it easier for business customers to understand how much they are paying, for what and when.
It is though that there should be a limit of two open tariffs per payment method.One should be used as a standard variable tariff and the other a benchmark tariff. This second one can act as a benchmark against which the price of all other bills can be compared to ensure that ridiculous or incorrect figures are not quoted.
If you believe your business is paying too much for its gas, electricity, telecoms or even insurance then don’t hesitate to get in touch with All About Savings today.
Fracking Firms Should Offer Incentives to Locals According to MPs
Following the All About Savings revelation regarding the potential failure of George Osborne’s fracking energy plan, the Energy Committee has spoken out. They have declared that the UK’s shale resources should be exploited but that it going to face considerable opposition from locals.
Despite this they have stated that they want drilling at the Cuadrillafracking facility in Preston, Lancashire to go ahead.
A prudent move, it is thought, could be to offer the locals that are likely to oppose the fracking incentives such as financial rewards or some refunds on their energy bills. This could encourage them to allow the drilling which in turn would provide a huge boost for the domestic and business gas industry.
However, the move to offer these incentives or ‘sweeteners’ in order to proceed with fracking came at the same time as one of the globe’s most popular insurance companies warned that these companies are risking ‘company-killing’ – insinuating that they are damaging their reputation as well as the environment. So, more stumbling blocks for the scheme it seems which seems to be putting paid to its successful implementation.
Several negative repercussions have been predicted if widespread fracking is successfully implemented such as water, air and ground pollution. Environmental groups have been quick to point out that the process is completely incompatible with the transition to a low carbon energy supply. That said, if this move does not occur then MPs cannot guarantee lower energy prices going forward.
So, just how this is going to affect business gas and electricity prices or even the tariffs for domestic users – only time will tell.
As always, All About Savings will be monitoring this issue with great interest and will be keeping you updated via this fantastic blog! Remember, if you have a business of any size in the United Kingdom then we are on hand to provide free and impartial advice and we can take care of any switch over you require. We have also made the step into business insurance so don’t delay – pick up the phone and speak to All About Savings today!
Use The UK’s Best Emerging Business Energy Comparison Service
There is no getting away from the fact that it has already been a turbulent year when it comes to business energy. With plenty of moving and shaking from the big six as well as some of the more minor business energy providers as well as price hikes – business customers need to be more than vigilant when it comes to ensuring they are on the perfect business energy tariff. As you will no doubt be aware if you are reading the UK’s greatest business energy blog here at All About Savings – our free and impartial comparison service can ensure that you can sleep easy.
Unlike many websites in the United Kingdom that will charge you a fortune for their service and also inundate you with phone calls, email and trails of paperwork – our business energy comparison service is based on an ethos of simplicity and allowing you to get on with the tasks that are important to you. Once you have put your details into our utterly simple quote form or given us a quick call on the above number – your bit is done. You can then rely on All About Savings to use all of our business energy nouse to come back to you with a solution that will save you a fortune on your business energy.
Despite being relative newcomers in this industry, we have already saved businesses mountains of cash on their business telecoms, energy and insurance since late last year so our record really speaks for itself. We think you will agree that our website has been designed with you in mind as well so you can acquire all the information you need to make an informed decision about your business energy.
Why not take a look through our blog which has all the up to date news pieces you need and you can also learn all sorts through our main site. Take the prudent step when it comes to your business energy this year and use the totally free and unbiased All About Savings service!
All About Savings Analyse the Recent SME Survey on Energy Rates
If you are an SME paying over the odds for your business energy, you will no doubt be aware of the recent survey conducted by nPower regarding current energy rates. True to form, All About Savings take a look into the findings to let you know the key facts…
Firstly, it appears that SME’s across the country are now well and truly aware that they need to address the fact that they are most probably paying over the odds for their energy. In addition to this, 40% accepted that they could be doing more about their current levels of energy efficiency. Further to this, they concurred that fixing their energy expenditure would help them to enhance their overall business operations
Despite this, one in four businesses still haven’t made the much needed switch to a more cost effective energy supplier. The reason for this has been attributed to lack of time. Of course, busy businesses should be spending their time on their day to day duties and not on the phone to endless suppliers. Luckily, there are sites such as All About Savings that can take care of all this totally free of charge.
Although the whole rigmarole of switching business gas or business electricity suppliers can just not seem like it should be top of the business agenda, but when you think that this move could be the equivalent to a new client or massive order – this may change your mind. All it takes is a few minutes on the phone to us and you can get on with the rest of your day.
Having taken that first step, AllAbout Savings can then assist in giving your business an energy ‘once over’, before scouring the market for the deal that suits your needs. The only other action from you will be to find for us your last energy bill so we can determine just how much we can save you and on what utilities.
In the world of business utilities time really is money and as a business, we are sure that is your prerogative. Allocating the time to take that first step to finding the best business energy deals can soon translate to very real cost savings and that is our middle name. Don’t hesitate; give All About Savings a call today and you will not look back when it comes to your business gas, electricity and telecoms.
National Grid Chief Says Energy Industry Should Learn from Scotland
Steve Holliday, who is the boss of the National Grid, has stated that the energy industry as a whole should learn from the example of the sector in Scotland. Politicians should take heed according to Holliday, who was speaking about the plight of many suppliers in the business energy market.
He went on to describe how now is the perfect time for action and that the public needed to be assured that changes will be made to improve a failing infrastructure.
He was speaking at the MarketForce Future of Utilities conference last week and also discussed the fact that Alex Salmond had got the communication right in Scotland and the public there were largely onside – this is something that would really help if it were to become the case south of the border.
“Public acceptability is a huge issue” said Mr Holliday.
“We’ve not really articulated as an industry or a government the need case of what clean energy is all about and why we need to build a new network. So the construction of lines is very difficult.
“I’m not expecting anyone ever to volunteer to have a power station at the end of their road or a pylon in their back garden. But we do need the public to understand this is important if we are to enjoy the benefits of power into the future.”
“We actually need to listen, the industry needs to stop talking and presenting and listen to people and their concerns and then enter into the dialogue. Scotland’s made a lot more progress in this space actually to Alex Salmond’s credit. There is a dialogue in Scotland, there is a theme, a narrative around energy, infrastructure, jobs and the economy that surpasses anything we have down south at the moment. That’s an opportunity for us in the future.” he said.
Mr Holliday concluded by stating that EMR was the prudent way forward for the industry and that it was time for action and no more discussion.
Being at the heart of the business energy industry, this is obviously a theme that is very close to the heart of All About Savings. We will be keeping you posted on every development of this story and everything else going on in the sector.
nPower Upgrades Its Energy Management System
Energy heavyweights nPower have made the welcome move of upgrading the software they use for managing their energy. The revamp came after the supplier listened to the needs and views of their business energy and domestic energy customers.
The main enhancements take the form of three new features mainly for large and medium sized businesses by the name of encompass. These changes come to the delight of everyone here at All About Savings due to the fact that they help businesses monitor their energy and establish where they can cut down the waste of energy.
The encompass bureau allows businesses to keep track of their energy usage in real time and gives companies access to specialist analysis. These experts will keep track of all business gas and business electricity being used so that areas of waste can be identified and rectified.
“We hope having access to an expert team of energy analysts will be a significant benefit to firms, allowing them to continue to focus on running their businesses while benefiting from effective energy management.” said Jenny Hughes of nPower.
Another aspect of the enhancements to the nPower system include a volume tolerance feature. This is concerned with the tolerances that firms set with regard to the amount of energy that will be used. It essentially stops businesses from going over this limit and incurring unnecessary fees. This is monitored in real time.
A final change called ‘encompass Solo’ lets businesses which aren’t npower customers can use the technology. This is a very noble move by the company as it lets them monitor their energy usage even when it’s supplied from another energy supplier.
All About Savings are very excited to see how these changes pan out and will be keeping track of the story right here at our great business energy blog.
First New Nuclear Power Plant in Nearly Two Decades Given Green Light
A major development has taken place with regard to the next generation of nuclear power plants in the United Kingdom. The coalition government has rubber stamped proposals for the very first power plant of its kind in eighteen years, to be built in Somerset.
The government gave EDF permission for the £14billion project to build what will become known as Hinkley Point C in the West Country. Energy secretary Ed Davey signed a Development Consent Order for the project.
“Today is an iconic day for the company and for the teams which have done so well over the last three years to get us to where we are today” stated EDF’s UK boss Vincent De Rivaz.
This said, the company still faces one final hurdle. An agreement over the price it can charge for the energy it produces is still to be ratified and could turn out to be a stumbling block for several parties
Negotiations with the Government have been going on since early 2012 and EDF is keen to finish these sooner rather than later so it can move on with construction and really get the project cooking with gas, excuse the pun.
These negotiations are set to conclude in around a months’ time, with De Rivaz saying talks were ‘intense’.
Remember to keep a close eye on the All About Savings energy blog for all the exciting developments regarding this story and everything else taking place in the business gas and business electricity sector.
Energy efficiency Could Turn out to Be Fantastic Export Says Ed Davey
Ed Davey, The UK Energy and Climate Change Secretary has pleaded with SME’s across the country to work with the government in a bid to capitalise on increasing export market in energy efficiency, All About Savings has today learnt.
Davey was speaking at the Ecobuild conference in London last week and stated that “There is a huge, positive business opportunity out there: an opportunity for green growth, creating green jobs and businesses [and] growing a green market and green prosperity.
“If we grow this market opportunity properly and sustainably, the business opportunity is not just here. Energy efficiency has the potential to be a great export market for British business as well.
“By 2015, we expect the Green Deal and ECO together to result in one million separate pieces of improvement work. Even in these early days there are good signs of growth.”
Davey continued by defending the interest rates set for the Green Deal, which are currently hovering around the 7% mark. He refused to accept that these were too high.
“You have to compare it with unsecured loans and not mortgages. This is a great deal,” he stated regarding the issue.
Davey went on to extoll the virtues of the plan, alluding to the fact that just one in ten people had heard of it at the start of the year. Recent weeks have seen awareness swell and there is also a guide available for any businesses looking for more guidance.
If you require more information regarding any aspect of the Green Deal plan or business energy as a whole, why not get in touch with the team here at All About Savings. We are only too happy to help!