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How Does Energy Supply Work? Having looked at where our energy comes from in our first post, ‘Understanding Energy Generation' with an overview of the four main sources, Fossil Fuels, Nuclear Power, Gas and Renewables, the next logical step is to look at how it is supplied, from where it starts to where it ends. Energy begins life with the generator, who sells it on what is known as the Wholesale Market. Once it hits this market it is then up to individual suppliers to trade with one another and look to accumulate the energy to sell on to you. Domestic In the Domestic [...]

Acevo At Energycentric we have been lucky enough to have forged a strong strategic partnership with ACEVO, the Association of Chief Executives of Voluntary Organisations, which has spanned a number of highly successful years. As well as an effective working relationship, we have also developed a personal and social one too, regularly attending the exceptional ACEVO Annual Conference event. The event offers a fantastic opportunity for partners of ACEVO to network with charity leaders from across the UK, as well deliver an important narrative that focusses on the importance of the sector. As one of ACEVO’s key partners, Energycentric have been [...]

Strategic Partner For the past 8 years, Energycentric has proudly been recognised as a strategic partner to Acevo and has been achieving savings on gas and electric costs for its members throughout this period. Acevo is the UK’s largest network for charity and social enterprise leaders and offers its member organisations advice and support, networking and events, policy and advocacy campaigns and leadership development; giving them the opportunity to boost their business and become part of a collective voice in the Third Sector. Three years ago representatives from both Energycentric and Acevo came together to discuss how the collective buying power [...]

Understanding the basics of energy generation, how it makes its way to us and who exactly is supplying it, is crucial understanding how and why it is so important. Over the next few months we will be compiling a simple series of blog posts that will look to answer these questions in a straightforward and hopefully informative way. In this, our first in the series, we will be looking at How Energy is Generated. In the UK we generate our energy from four main sources; Fossil Fuels, Nuclear Power, Gas and Renewables: Fossil Fuels As a species we have been using fossil fuels [...]

Energy Price Comparison Here at Energycentric we pride ourselves on our status as Business Utility Experts. Helping public and private sector businesses to make significant reductions on their gas, electric and water bills is what we are renowned for, offering independent energy procurement and consultancy services. Something that you may not know is that as well as applying these services to the corporate world, we also offer domestic gas and electricity projection services, through our own Domestic Energy Price Comparison website. The tariff calculator we use is provided by Energylinx, a Confidence Code accredited company that compares energy for domestic consumers, [...]

Low Oil Prices The global oil prices have dropped dramatically over the past year, causing exporting nations to suffer financially and importing nations to benefit from cheap fuel and heating. From a somewhat stable $110 per barrel between 2010 and 2014, the price for crude oil currently stands at $48 per barrel, more than a 50% decrease in just 12 months. This significant drop means different things to different nations, with weak economies in some countries and increased production in others the cause for such substantial change. But what are the positives and negatives of low oil prices and what does [...]

Green Energy Production The Summer Budget set out by the Chancellor of the Exchequer, George Osbourne, just three weeks ago is likely to have a radical effect on energy producers across the country, none more so than those looking to supply renewable power. The Chancellor has announced that renewable energy generators will no longer be exempt from the Climate Change Levy (CCL), removing a subsidy payment to renewables that equates to more than £5 for every unit of energy. It is estimated that this benefit is currently worth around £450m to renewable energy producers and that by 2021 they will be [...]

Ofgem A Third Party Intermediary (TPI) is an organisation or group of individuals who give energy related advice, with the intention of helping you to either buy the energy from a specific supplier, or manage your energy needs. A TPI can be an energy broker, procurer or comparison website and, although you may think that you are buying your energy from them, it is in fact the supplier that you have a contract with. The energy industry from a supplier perspective is highly regulated. Suppliers are tested, fined and follow a far stricter compliance than even the banking sector does, in [...]

Did you know that companies over a certain size have until 5th December 2015 to comply with the new EU legislation that requires them to have energy audits? “Why should you worry about it?” According to the ESOS website, from a survey conducted they discovered that the majority of businesses say they haven’t even started the process. They also say there are only 400-500 approved lead assessors that are able to undertake the energy audits. As an audit can typically take 2-3 months, it won’t be long before the demand for their services overtakes the supply, which means fees for this [...]

Why use an Energy Consultant? For SME’s the idea of having an in-house energy department is just not an option. Not only expensive, there are the implications of PAYE, internal training and just a massive time factor to think about. Ultimately it is unnecessary too. Everything that an internal energy department can do can be done by a less expensive, and less time consuming, Energy Consultant, bringing you all the benefits of energy management with none of the pitfalls. An independent energy consultant is able to offer impartial advice focussed on saving you money. Rather than be supplier driven, it is [...]