Click here to read more from EDF Energy…..

Click here to read more from ‘New Energy Focus’…..

The real cost of your essential business overheads is much higher than the price that appears on your bill. The Auditel model differs from traditional cost analysis or expense reduction consultancy because it takes into account all the costs – both direct and indirect – associated with making effective cost management decisions. Because we have decades of experience, expertise and knowledge, we can focus on ensuring your business overheads are under control while you focus on your core business activities.

Self-funding overhead expenditure reviews

Because you want us to lower the cost of doing business, we won’t add to the financial burden of your overheads by charging any upfront payments: our fee is based solely on a performance- driven, 50:50 share of the actual savings you enjoy as a result of our advice. Put simply, if we can’t show you that you’ve paid less as a result of our service, you won’t pay us anything. By outsourcing an Auditel consultant, you will benefit from having an additional, self-funding specialist on your management team without incurring any of the usual costs associated with in-house resources.

Read the rest of the Total Cost of Purchase White Paper here…..

Britain is threatened by an “energy crunch” with disastrous social and economic consequences because of the impact of the financial crisis on the industry’s investment plans, a committee of MPs has warned.

The Commons’ business and enterprise committee said just as the government had intervened to support the banks, it needed to step in to ensure energy companies invested in new power stations and gas storage facilities.

In a report published this morning, the MPs write: “Generating capacity equivalent to nearly a third of current electricity demand will be made redundant by 2020. It will need to be replaced. We believe that in the current economic climate there is a high risk that the energy companies will not be able to raise the finance necessary to build this.”

Read the full FT article here…..

With the financial market in turmoil and businesses finding it difficult to obtain funding, the media focus has tended to ignore the energy sector in recent weeks. However, there have been some interesting and dramatic events taking place, all of which will have a major impact on small businesses.

The difficult trading conditions in the retail markets over the past 18 months have caused two suppliers to become insolvent, E4B and Bizz Energy. Bizz was the largest independent supplier to have been around for a long time, weathering the last wholesale price increase three years ago and expanding its business in the process. So their demise is a significant event and demonstrates the effect of the size and speed of these recent energy price rises. Those supply companies without their own generating resource have been particularly hard hit. They have had to try and hedge their requirements for 2, 3 or even 4 year fixed price contracts with their customers in an ever rising market. We may be reluctant to shed many tears for them but in the longer term it means less competition, and that is bad news for SMEs.

More bad news is the way in which complaints about energy suppliers are now handled and how redress might be obtained. Energywatch ceased to exist at the end of September……….. 

Click here to download the full press release…..

BT has been granted permission by telecoms regulator Ofcom to charge its rivals up to 11% more for using its network services.

The news follows Ofcom’s announcement in May that it would be re-examining the prices that BT’s Openreach division is allowed to charge rival companies for wholesale access to local exchanges.

Read the full article here…..