Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Year: 2015

Saving money for small businesses – case study

Gipsy Hill is a young brewery based near Crystal Palace, London, and a good example of how we can help small businesses to reduce cost.  Most of the energy used in the brewing process relates to heating and chilling, requiring a significant use of gas and electricity as a...

Keep abreast of regulatory changes

Regular readers of Energy Brief will be aware that the Government intends to reform the business energy efficiency tax landscape.  The reforms will affect all businesses involved in current Climate Change Levy Agreement Schemes and the Carbon Reduction Commitment Scheme. The government announced the review at the Summer Budget...

Government sets out new energy strategy

Major energy users have welcomed a series of proposed changes to the energy policy landscape, with the government placing renewed focus on security of supply and keeping consumers’ bills down. On 18 November energy and climate change secretary Amber Rudd delivered her first major policy speech, setting out the...

Seasonal power and gas contracts decline

Seasonal power and gas contracts declined to record lows in November.  Annual April 16 gas fell 9.0% to average 36.9p/th, as lower oil prices and a strong supply outlook weighed on the contract. Rising LNG supplies are expected to continue in the medium and long-term with imports up 35.9%...

Reduce cost with new contract options

With current gas and electricity prices considerably lower than they have been for a number of years, lots of companies are securing significant savings on their energy supply. If you are within 12 months of your contract expiry date, you can secure a new contract at today’s prices to...

Review of business energy tax

The 21st Session of the Conference of the Parties to the UN Framework Agreement on Climate Change will take place 30th November to 11th December in Paris.  COP21, or Paris 2015 as it is more commonly known, will be a crucial conference in that it needs to achieve a...

Energy prices remain low

Once again, energy prices remain low and are showing considerable savings compared to last year.  We wish to remind businesses whose contracts are due for renewal within the next 12 months that this presents an opportunity to make potentially significant future savings. Remember, in most cases new contracts can...

ESOS update

Almost all of the 14,000 organisations required to comply with the new Energy Savings Opportunity Scheme by December are now aware of its existence, though it’s unclear how many will be in compliance with the first audit deadline, according to industry title, EIBI.  Government research indicates that 56% have...

Change in electricity readings rules

An industry code change, known as P272, was recently approved by Ofgem.  It means that all energy suppliers must change a Non Half Hourly Profile Class 05 – 08 electricity supply that has Automatic Meter Reading (AMR) technology available, to a Half Hourly electricity supply.  By the 1st April...

Government commits to tackling climate change

In her first major speech as Energy and Climate Change Secretary, Amber Rudd has set out the Government’s commitment to tackling climate change. She said that the Government’s approach will help to protect the economy because failing to act would risk leading to lower growth, fewer jobs and higher...