Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Author: Innovative Energy

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...

Energy prices remain low

Energy prices continued to drop this month.  This is good news for clients whose contracts are due for renewal within the next 12 months, as it allowed them to secure significant future savings. Remember, in most cases new contracts can be place to start 12 months in the future...

CCA targets delay

The Department for Energy and Climate Change (DECC) has delayed its plans to carry out a review of Climate Change Agreement (CCA) targets.  The review was due to take place next year.  However, in the Summer Budget in July, the government announced that it will “review the business energy...

Power station delayed

Construction of Britain’s first new nuclear power plant in decades has been delayed, according to a report by the BBC. EDF said Hinkley Point C in Somerset will not start generating power in 2023 as planned and that a revised timetable for the £24.5bn plant will be issued when...

Wind farm progress

The installation is complete of two of the UK’s most advanced weather monitoring stations for the 7200MW East Anglia Offshore Wind Zone off the Norfolk and Suffolk coast.   It’s the latest announcement from Scottish Power Renewables (SPR) in their £2bn joint venture with Vattenfall to develop the new East...
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