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Supplier of Last Resort for business energy customers When a business energy supplier fails, the immediate concern is always the same: will the gas and electricity stay on? The answer is yes. The Supplier of Last Resort mechanism ensures no business is left without electricity or gas when a supplier collapses. This guide covers everything businesses need to know, from how the process…
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British Industrial Competitiveness Scheme: What manufacturers need to know From April 2027, over 10,000 manufacturers will see their electricity bills cut under a new government scheme designed to tackle one of the biggest hurdles to British industrial competitiveness. This guide covers what the British Industrial Competitiveness Scheme (BICS) means for manufacturers, who qualify and how much eligible businesses could save. Contents What is the…
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Business energy renewals: When to renew, how it works and how to avoid expensive rates A business energy renewal is the process of agreeing on a new tariff for your gas or electricity supply before your current contract ends, either with your existing supplier or a new one. Many businesses leave it too late. This guide walks you through when you can actually start the renewal process, why timing has…
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TEM Energy: Innovative new model for business energy explained TEM Energy is making waves in the business energy market with claims of savings of up to 30% by bypassing the wholesale market entirely. Business owners are understandably curious and sceptical about how a new entrant can deliver prices that incumbents can’t match. This guide breaks down how TEM’s transaction engine and RED tariff work…
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What P442 and Licence Exempt Supply rules mean for business energy Businesses receiving power directly from small-scale electricity generators have long benefited from Licence Exempt Supply rules, which allow power to be supplied without paying the environmental levies that add around 5p/kWh to the cost of electricity in most energy tariffs. The P442 modification enables businesses using power from the grid to also benefit from a…
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Electricity interconnectors: How the British grid imports electricity Great Britain has some of the highest electricity generation costs in Europe. Undersea electricity interconnectors offer a solution by allowing the national grid to import cheaper French nuclear energy and Norwegian hydroelectricity. In 2024, the UK imported a record 43.7 TWh of electricity from neighbouring countries through international interconnectors, meeting 14% of overall demand for…
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