Our Insights

Our comments on energy industry updates to help inform you of the news and events surrounding the UK gas & electricity market and its impact on your business.

Moving to half-hourly energy reads (BSC P272 and P322): A guide for businesses

Posted by on Sep 20, 2016 in Gerards Blog | 0 comments

A note from Gerard before you read on… The following guide for businesses was published by Ofgem to help customers impacted by the transition to half hour settlement known as P272. The guide is reproduced in its entirety below. It gives a good account of the background to the initiative and the answers to the questions business customers are likely to have. If you have any further questions don’t hesitate to call us. The Ofgem guide – Moving to half-hourly energy reads (BSC P272 and P322): A guide for businesses New industry...

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7 for 7 in 7 and St George

Posted by on Aug 23, 2016 in Gerards Blog | 0 comments

The St George’s Day Charity Fund will celebrate its twenty-fifth anniversary in 2017 and has so far raised in excess of £465,000 for local charities and good causes. 7 for 7 in 7 was dreamt up to raise money and awareness for seven local charities and to add to the total raised by the St George’s Day Charity Fund, in the hope that the £500,000 mark will be passed in 2017. The plan is for Nick Kier from the St George’s Day Charity Fund and Director of Utilitrack Online Ltd, to run seven half marathons in seven days starting on Saturday October...

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Gloucestershire Cricket Board joins forces with Utilitrack to help clubs save money on their bills

Posted by on Jul 12, 2016 in Gerards Blog | 0 comments

Clubs in Gloucestershire will be able to save money on their gas and electricity bills thanks to a new partnership between the GCB and commercial energy broker Utilitrack. The company  –  who have become the GCB’s Official Utility Partner – will negotiate directly with energy providers on behalf of cricket clubs in order to get them a better deal. They join a growing list of businesses that the GCB has joined forces with in order to support its 218 affiliated members across all areas of club life. Other partners include Jelf Insurance,...

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Utilitrack’s Service Excellence rewarded by the FSB

Posted by on Jul 8, 2016 in Gerards Blog | 0 comments

Utilitrack’s Service Excellence was acknowledged at the Grand Final dinner last night at the Federation of Small Business Bedfordshire Business Awards. The venue was Warren Weir set in the spectacular grounds of Luton Hoo. The award was presented by one of the judging panel Fiona Towell of Chameleon Personnel who referred to the very high standard of submissions this year and how the category of Service Excellence was the most hotly contested award of the night. Jon Clarke, Operation Manager, travelled down from our Leeds office to attend the...

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Prices up…prices down

Posted by on Jul 1, 2016 in Gerards Blog | 0 comments

EON DD discounts. Eon announced yesterday an increase from 4% to 7% for Monthly Direct Debit and from 2% to 5% for Quarterly Direct Debit. This is good news in the light of the increases by some suppliers earlier in the week. These improved terms may see EON take a larger share of SME market. Sam and Joe, our Account Managers, will always prepare our client’s tenders based upon payment by Direct Debit to help them maximise the discounts available. If you wishes to pay by cash/cheque/BACS payment please let us know when we prepare our reports....

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Energy switching hit record high in 2015

Posted by on Jan 18, 2016 in Gerards Blog | 0 comments

Around 3.8 million people switched energy supplier in 2015, setting a new annual record according to Energy UK reports Tom Grimwood at Utility Week. The figures show an increase of roughly 17 per cent on 2014 when around 3.2 million people switched. There were approximately 340,000 switches in December, just above the monthly average. Small and mid-suppliers made a net gain of more than 100,000 over the month.  The busiest month for switching in 2015 was October when almost 440,000 people changed supplier. The quietest was January when...

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The Code of Practice…an accredited company

Posted by on Nov 13, 2015 in Gerards Blog | 0 comments

The Code of Practice…we are proud to be an accredited company   The E.on TPI (Third Party Introducers or Brokers) Code of Practice is a set of standards that sets the benchmark for responsible, high quality broker’s acting as intermediaries between micro-business customers and suppliers. By signing up to this Code of Practice, TPIs agree to: be bound by it and by any decisions taken under the Code by the Code Manager; make sure their people (including any third parties they use) understand and comply with it; tell customers they’re...

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CMA to probe deeper into rental market

Posted by on Nov 6, 2015 in Gerards Blog | 0 comments

The Competition and Markets Authority (CMA) is to conduct further research on specific bar­riers facing customers in rented accommodation for its investiga­tion into the energy market. The CMA said it has received information that suggests liv­ing in rented accommodation presents specific barriers to engaging with the energy mar­ket. The regulator has therefore appointed research agency Ipsos Mori to conduct further research into this area. The CMA’s earlier research underpinning its provisional findings was published in July and revealed...

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UK’s energy system loses 54 per cent of generation

Posted by on Nov 6, 2015 in Gerards Blog | 0 comments

The UK’s energy system loses over half of its generated power from source to end user at a cost of £9.5 billion a year, making it one of the least efficient grids in Europe reports Jillian Ambrose in Utility Week. The new findings come amid growing calls for the government to address the UK’s “energy productivity” as a more cost-effective way of tackling the energy trilemma of supply, cost and decarbonisation. The research – led by the Association for Decentralised Energy (ADE) – found that £3 billion of energy could be saved if action was...

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Problem with your supplier?

Posted by on Oct 27, 2015 in Gerards Blog | 0 comments

What to do when things go wrong Find out about how to you can make a complaint about your energy supplier. Follow the link to a short video on how the process works. http://www.energy-uk.org.uk/press-releases/videos/93-what-to-do-when-things-go-wrong.html

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