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Energy Broker: November 2018 Market Report

November 2018 was, as usual for this time of year, a reasonably volatile month for wholesale energy prices; peaking at 8-10% higher in the middle of the month, however, forward prices ended up pretty much where they started or even...

Feed-in-Tariffs (FiT) Mutualisation

Renewables Obligation (RO) / Feed-in-Tariffs (FiT) Mutualisation The payment shortfall will affect customers with Pass-through and Flex contracts who were on supply between July and September 2018. What are they? The RO is a support mechanism which requires all licensed electricity...

Streamlined Energy and Carbon Report (SECR)

The UK Government announced a new mandatory Streamlined Energy and Carbon Reporting (SECR) framework for all large UK businesses to take effect in 2019. What is SECR? SECR stands for Streamlined Energy and Carbon Report. The new mandatory reporting framework will replace...

DCP 228 (DuoS Rates Changes)

What is DCP 228? DCP stands for Distribution Connection and Use of System Agreement (DCUSA). DCP 228 spread the energy costs more equally throughout the day. Until recently, Distribution Use of System (DUoS) costs are at their highest for half-hourly consumers...

DCP 161 and the impact on Half Hourly Meters

What is DCP 161? DCP stands for Distribution Connection and Use of System Agreement (DCUSA). DCP 161 reintroduces higher charges for excess capacity that are on average 73% above normal rates. This will impact customers with Half-hourly meters who exceed...

Energy Broker: October 2018 Market Report

Wholesale energy prices have dropped significantly during October 2018 - UK’s gas and electricity annual prices decreasing by just over 10%; crude oil prices also decreased about 10% too. However, spot UK energy markets were volatile, driven primarily by changing...

New Electricity Meter? How to get power hassle-free!

Do you need help getting a New Meter Installation? So, you have your new mains connection, your buildings been renovated, and the finish line is almost in sight and you can open your doors and start trading! An exciting milestone!  ...

Energy Broker: September 2018 Market Report

Whereas oil prices have continued with their seemingly ever-increasing run up, UK’s gas and power had a much more volatile month. By mid-month UK gas had touched highs not seen since 2011 for annual contracts and UK power reached levels...

Energy Broker: August 2018 Market Report

During August 2018 UK energy prices increased relentlessly, they were up by 10%, with forward curves for rolling annual prices also increasing their backwardation further; structurally supporting the market strength. Notably, CO2 prices also increased significantly, demonstrating that gas demand,...