Drax to buy business energy supplier Opus Energy for £340m
Drax is set to acquire business energy supplier Opus Energy in a £340m deal.
Drax said Opus, which last year generated sales of £323m to small...
Headline roundup: National Grid won’t be broken up; GB Energy goes belly up
National Grid appears to have faced down calls for an independent system operator to be appointed and is unlikely to be broken up, according...
Firms ill prepared for ‘huge’ capacity costs on energy bills
UK firms appear ill-prepared for the impact of capacity market costs on power bills, which could increase almost a hundred times next year.
According to...
Liverpool Council to launch new energy company called ‘the Leccy’
Liverpool City Council looks set to hand Robin Hood Energy the contract to run its new energy company. The firm is behind Nottingham City...
Power prices ‘set to rise 5-10% in next 12 months’ as Brexit bites
Power prices could rise 5-10% over the next 12 months due to the impact of Brexit on Sterling, according to one of Europe's largest...
BES Utilities promotes finance director to company boss
BES Utilities, an energy supplier to some 40,000 small firms, has promoted Nick Dilworth to managing director. Company owner and previous MD Andy Pilley has...
New billing system issues cost Co-operative Energy £1.8m
Co-operative Energy has been ordered to return £1.8m to customers after repeated customer service failings.
The firm blamed the problems, thought to have affected a...
Inenco appoints Gary Stokes as CEO
Gary Stokes is the new chief executive at Inenco. Stokes commences his role at the third party intermediary with immediate effect, replacing interim CEO...
Trading standards and police raid BES Utilities and Commercial Power
National Trading Standards and Lancashire police last week raided the offices of business energy supplier BES Utilities and sister company Commercial Power in relation...
Total launches ‘100% green gas’ for SMEs
Business energy supplier Total has launched a new green gas product for SMEs.
A spokesman said the gas comes from anaerobic digestion sources and that Total will back...
Free conference: The Energy Market Today & Beyond Brexit
Sponsored: Alfa Energy has 20 free seats at its annual energy conference for delegates from industrial and commercial companies. Held at the Royal Society in...
The big data behind your energy bill
Big data is one of the hot buzzwords of the moment and the energy industry is no exception, especially when it comes to providing...
Small business energy tariffs: Competition watchdog signals end of gravy train
The Competition and Markets Authority has urged regulators to move all small businesses to half hourly settlement, end automatic rollover contracts and to allow...
The Better Markets Bill hopes to speed up switching
In this sponsored post, Opus Energy outlines how incoming contract switching rule changes could ease the pain - and the cost - of sitting out...
UK firms paying highest power prices in Europe
UK business energy prices continue to rise faster and fall slower than other EU member states, according to latest government data.
British firms are paying...
Opus Energy targets large corporates with gas product
Opus Energy has launched a new corporate gas product. The company has been supplying gas in the SME sector since 2009 and is now extending...
Energy brokers and TPIs warn early capacity market could add 5% to bills
The government’s move to bring forward the capacity market could add up to 5% to business energy bills according to energy brokers and third...
EU consultancy network launches
German energy consultant ISPEX has launched a European energy consultancy and procurement network that will allow pan-European organisations to access the best local buying...
SSE keeps losing domestic customers but picks up businesses
Markets seemed unconcerned by SSE’s annual results this morning despite the firm battling headwinds in its generation and wholesale gas business. The firm’s share...
Former Utilitywise director Michael Dent joins Inprova Energy
Former Utilitywise and Total director Michael Dent is the new MD at consultancy Inprova Energy.
The firm acquired brokers energyTEAM and ENER-G Procurement a year ago, a move...