According to its parent company Centrica, British Gas profits rose by 98% in the first half of 2010 with operating profits surpassing the £580m mark. British gas who supplies gas to more than half of the country’s household and businesses alike, saw its profit margin go sky high thanks to a bitter winter and an 8% rise in residential and commercial gas usage.
Read More →Ever since the energy sector was thrown open to competition and private entrepreneurs in the UK, we have seen a massive increase in the number of providers that supply gas and electricity. This has obviously created a very vibrant market where users have tens of options to choose from and it has also put an onus on the providers to provide the best possible services to their customers for fear of losing them to the competition.
Read More →Did you know that your company can save up to 40% on its energy bills? If you took the initiative to switch your electricity provider on a regular basis and let an energy broker negotiate better power prices for your company, you will indirectly lessen your company operational costs. Here are some tips that can help you get started on your way to major savings.
Read More →Energy Secretary wants to Shield Britain’s Energy with Renewables. Ahead of today’s Commons statement on energy policy, speaking to the Sunday Telegraph and Sky News the Energy Secretary Chris Huhne made quite clear what will be the Government’s plan to prevent Britain from suffering a power crisis.
Read More →Business energy bills to rise due to higher gas prices. Business energy prices as well as household energy prices are set to rise as a consequence of a 32% increase in wholesale gas prices over the past 7 months. The forecast comes from Nera an economic consulting firm. The company has been monitoring the UK´s wholesale gas market since January and reveals that the 32% increase in wholesale prices, will translate into higher energy bills for businesses and households across the land.
Read More →Nuclear Sector Still Apprehensive over Government’s Statements Thursday’s meeting between the CEOs from major energy companies and the Coalition’s Government Energy Secretary, Chris Huhne, didn’t go as well as the UK’s nuclear industry expected. During last week’s meeting the Government announced that it is working to strengthen national policy statements for energy, to help ensure… Continue Reading »
Read More →There’s a reason why you do business, and that is to make profits. As the saying goes, “a penny saved is a penny earned,” it goes without saying that a very important way of making profits is cutting down in costs. This is where monitoring and optimising energy consumption comes in.
Read More →To measure and control your business water consumption in real time you will need to install a smart water meter. Also known as Automatic Meter Reading, these devices can bring numerous benefits to your business. The only down side to current water smart meters is that they are not as precise as an electricity smart meter, but this is about to change.
Read More →On Thursday CEOs from the main energy companies will meet Chris Hune, the Coalition’s Government Energy Secretary to urge him and consequently the Coalition Government to come up with clear incentives programme to build a new generation of nuclear power stations across the country.
Read More →The reason that many businesses choose to enter a contract with a commercial gas broker is because a broker is usually better equipped to deal with this aspect than most business owners are. The contracts that gas providers make you sign are often highly detailed and contain a lot of important fine print that may be easily overlooked by someone who doesn’t have much experience dealing with them.
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