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...
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...
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...
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...
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...
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...
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...
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...
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...
National Grid sells majority stake in gas distribution network
National Grid has sold a 61% stake in its gas distribution business to a consortium of investors. The deal values the distribution business at...
New general manager for Total Gas & Power
Sion Roberts has been made general manager of Total Gas & Power.
Roberts, with the company for two decades and most recently its commercial director,...
SmartestEnergy launches ‘100% green power’ certified by Carbon Trust
SmartestEnergy has launched a new product, which it claims is a first: 100% renewable power certified by the Carbon Trust. The business energy supplier says...
Partnership: Total and Amber to supply energy and efficiency services to Edgbaston Stadium
Total Gas & Power has broken its duck, signing its first venture in cricket with Warwickshire County Cricket Club to supply energy to Edgbaston...
British Gas to pay £9.5m penalty for business customer billing failures
British Gas has been hit with a £9.5m penalty for billing and complaints failures by regulator Ofgem.
Tens of thousands of business customers received inaccurate...
No new billing system for foreseeable future, says SSE as customer losses continue
SSE has decided against upgrading its back-end billing system any time soon.
The supplier, attempting to stem the rate of customer losses in recent years,...
TPIs and brokers: Brace for two years of extreme volatility
Third party intermediaries are warning businesses to brace for two years of volatile energy prices, following extreme market swings over the last year.
At the start...
TPIs ‘least trusted’ by company bosses
Trust issues continue to plague third party intermediaries (TPIs), according to a survey of directors and managers.
Firms polled by The Energyst, mostly from industrial and...
Centrica posts solid profits, further job cuts, Rough doubts remain
Centrica posted solid 2016 results, with operating profit up 4% to £1,515m and debt down 27% to £3,473m. The company indicated it plans to shave a further £500m...
Scottish Power launches second phase of ‘Operation TPI’
Scottish Power’s strategic push to build deeper links with third party intermediaries (TPIs) in the I&C sector has entered its second phase.
The energy supplier...
Wirral Council plans local energy company
Wirral Council looks set to become the next local authority to launch a municipal energy company. The Council's leader has backed the move and the...