Auditel Consultant:
Peter Harrison

Budget notes – changes to Enhanced Capital Allowances

06 Apr 2010 | Filed under: Utilities

Is your business making the most of the Enhanced Capital Allowance schemes? The Energy Saving and Water Efficient (environmentally beneficial) Enhanced Capital Allowance (ECA) schemes allow businesses investing in designated technologies that reduce energy consumption, save water or improve water quality to write off 100% of the cost against taxable profits of the period during [...]

Industry Tags: Auditel, budget, ECA, energy saving, enhanced capital allowance, water efficient

Rollover Energy Contracts and how to avoid them

08 Mar 2010 | Filed under: Utilities

Read on if you want to save your business thousands of pounds over the next few years! Okay that sounds a bit dramatic, but it’s no joke if you get caught out by a rollover contract on your business electricity or gas. Ofgem have recently been trying to ban this sharp industry practice, but their [...]

Industry Tags: Auditel, energy contract, ofgem, roll-over contract, rollover contract

New rules to help businesses pick energy supplier

20 Oct 2009 | Filed under: Utilities

This is a welcome move by Ofgem, but only time will tell if the measures go far enough. Energy contract renewals are a minefield for businesses, who in our experience, often lose out substantially in the marketplace. Suppliers use every trick they can get away with to retain their business at the highest possible prices. [...]

Industry Tags: businesses, energy, ofgem, regulations, rules

Consumers face hike in energy bills

11 Oct 2009 | Filed under: Utilities

LONDON (Reuters) – Consumers could see their energy bills rise by up to a quarter over the next 10 years as Britain faces a requirement to invest 200 billion pounds to secure supplies and meet climate change targets. Energy regulator Ofgem said on Friday the investment would be needed to pay for new power plants [...]

Industry Tags: bills, energy, ofgem

Ofgem sends warning shot to 6 big utilities

12 Aug 2009 | Filed under: Utilities

LONDON (Reuters) – Britain’s big six utilities should explain to recession-hit customers why energy bills have not fallen more markedly after a steep fall in wholesale costs this year, energy regulator Ofgem said in an open letter to the companies’ chief executives. “Wholesale costs have fallen from last year’s peak and look set to fall [...]