Blog

With the ESOS Phase 2 deadline (5th December 2019) fast approaching, we wanted to find out whether businesses are on track to achieve timely compliance, so we spoke to energy professionals across all sectors. Our compliance team also analysed the data we collected from the 320 businesses we helped during ESOS Phase 1 to identify […]

The recent Committee on Climate Change report included far-reaching recommendations to boost the UK’s emissions targets from an 80% reduction to net zero by 2050, a move backed by the CBI and more than 100 business leaders in a recent letter to the Prime Minister. Last month MPs also backed a motion to declare a […]

30th May 2019 A recap: what is the TCR?                             The most significant element of the TCR for most business energy users is the proposed changes to residual charges which are currently charged based on time of use. Currently, businesses who can be flexible when they use energy are able to reduce this element of their […]

May 2019 The high cost of energy for UK industry compared to other countries has long been a source of pain; Inenco analysis published in December 2018 confirmed that manufacturers had faced ten years of successive price rises and forecasts predict costs to continue rising over the short to medium term, fuelled predominantly by the […]

Wholesale prices peaked in December 2018 before falling by 12% in the first few months of 2019. In recent weeks, they have begun to steadily creep up again across the forward curve. For many businesses, this return of volatility has created a ‘double whammy’: non-commodity charges have risen significantly over recent years, but flat wholesale […]

Bright ideas Lighting can account for up to 40% of an SME’s energy costs, making it a prime target for energy saving action. Maximise the natural light available in your office and workspaces to reduce the need for artificial lighting. That could mean rearranging furniture to shift any large cabinets or shelves that block out […]

May 2019 After analysing the 320 audits we carried out for businesses during ESOS Phase 1, we identified 13% average kWh savings per organisation. But despite the savings that can be made, many of the energy professionals we spoke to stated that ESOS isn’t seen as a business priority. In fact, just 38% of those […]

Our recently released report revealed that many businesses are missing out on the opportunity to save by failing to implement their ESOS Phase 1 recommendations – but how much could businesses in the retail & leisure sector save? Energy reporting is in the spotlight this year for businesses across all sectors, with the introduction of […]

May 2019 According to the CCC, we can reduce greenhouse gases across all sectors of our economy (including shipping and aviation) by 100% by 2050, from 1990 levels. While it’s encouraging to hear that this target is viable, reaching it will require significant changes to a number of policies – the report states that the […]

Businesses might not be surprised to see their energy bills continue to increase – last year marked the tenth successive year of rising business energy costs – but they shouldn’t resign themselves to higher bills. Here we take a look at what’s happening in the energy market, and how businesses can ensure their procurement strategy […]

April 2019 With the expected implementation date for new EII exemption levels set at 1st April 2020, businesses now have less than a year to get ready for the changes. Government’s proposed plans will have implications for businesses who qualify for the first time, as well as those who don’t. With so many policy and […]

That’s because energy costs are rising – in fact, 2018 marked the tenth successive year of increased business energy costs. And small- to medium-sized businesses can often be the hardest hit, as the Competition and Markets Authority’s (CMA) 2015 investigation found that SMEs pay much more on average than other businesses. Why are smaller businesses […]