energy broker News
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Third Party Charges (TPCs) now approximately 50% of electricity costs
Third Party Charges (TPCs) are generally increasing at a greater percentage than the wholesale energy price and are therefore having a big impact on energy costs. For example, for electricity, TPCs can now account for approximately 50% of the delivered electricity bill price compared to about 30% five years ago. energyTEAM's latest infographic provides a breakdown of the TPCs that are built into ...
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Inprova acquires two business energy brokers: energyTEAM and Ener-G Procurement
Cheshire-based procurement outsourcing service company, Inprova Group has bought two non-domestic energy brokers, energyTEAM and ENER-G Procurement. energyTEAM, based in Burgess Hill, West Sussex has been purchased from its two owners for an undisclosed sum. The company has been running for nearly 40 years, helping over 800 clients such as Virgin Atlantic, Hotel du Vin Group and fashion retail ...
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Changes to Excess Capacity Charges from April 2016
Proposed changes to excess capacity charges could affect many businesses currently exceeding their Current Agreed Supply Capacity (ASC). In addition to the contract you currently have with your energy supplier, you will also have an agreement with your distribution network operator to enable safe and adequate connection to the electricity network. The ASC forms part of your ‘Connection ...
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De-aggregation of Multi-Meter Supply Points for Gas
As announced by Ofgem in 2013, rules for aggregated gas supplies are changing - All aggregated gas supply points are to be split into single supply points by 1st July 2015. What are Multi-Meter Supply Points (MMSPs)? MMSPs are created when gas supplies are aggregated to form one supply point. A mandatory system change (Modification 0428), initiated by Ofgem, lead to the discontinuation of all ...
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Worcester`s World Energy acquires CT firm
World Energy Solutions Inc., a Worcester-based energy management services firm, announced it has acquired Northeast Energy Partners LLC (NEP) of Connecticut. The privately-held energy broker was purchased for $7.9 million in cash and World Energy will pay an additional $5.2 million in seller notes and potential earn-outs. World Energy said the acquisition expands its national footprint, ...
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Inprova announces its latest acquisition
Inprova Group, the Cheshire-based procurement outsourcing service company, has acquired award winning non-domestic energy consultancy Energy & Carbon Management (E&CM). E&CM, which was awarded Consultancy of Year in a 2017 Industry Awards ceremony, is based in Horsham, West Sussex. It has been purchased from its current owner and founder, Jon Henderson, for an undisclosed sum. ...
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A Ten Minute Energy Audit Could Save Your Small Business A Small Fortune
Winter is the perfect time to give your small business an energy health-check. At Utility Helpline we are experts in helping small businesses to moderate their energy usage and slim down their energy bills. With shorter days and colder weather threatening balance books, businesses must take action to battle Jack Frost. A DIY energy audit takes just 10 minutes to complete and can lead to big ...
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Smarter Business Welcomes Small Business Energy Market Review
Energy regulator Ofgem will be launching a review of the small business energy market this year to protect microbusinesses from being ripped off. The Competition & Markets Authority estimates that small businesses are overpaying on energy by £500 million a year, with suppliers making four times the margin on small businesses than they do on large customers. The UK has energy regulations ...
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energyTEAM to exhibit at the Energy Event 2014
The Energy Event 2014, which is being held at the NEC Birmingham, is co- located with the Renewables Event and the Water Event. It is one of the biggest exhibitions in the UK where suppliers right across the energy arena are given the opportunity to showcase their products and services to nearly 6000 visitors. energyTEAM will be exhibiting at The Energy Event 2014 on Stand G50 within Halls 3-3A ...
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World Energy continues buying spree, buys NEP
Energy management services firm World Energy Solutions (Nasdaq: XWES) has acquired Enfield, Conn.-based Northeast Energy Partners, a broker of natural gas and electricity, in a $7.9 million cash and up to $5.2 million including notes and earn-outs deal. Worcester-based World Energy, which says it has handled more than $30 billion in energy, demand response and environmental commodities, acquired ...
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Karbone Garners `Best Broker` Honor in Annual Environmental Rankings from Energy Risk Magazine
NEW YORK, Dec. 16, 2011/PRNewswire-iReach/ -- Karbone, a leading full service firm specializing in renewable energy and environmental markets, has been recognized as the 'Best Broker' in U.S. Voluntary Emissions Reductions in the 2011 Environmental Rankings published by Energy Risk magazine. Overall, the company was named as a top broker in four separate categories according to the rankings ...
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Can Germany Really Turn Its Back on Nuclear?
Earlier this month, the German conservative government has announced a complete dismantling of nuclear power plants by 2022. Challenged the view of many experts, and brokers of energy in Germany and throughout Europe, the German government published a controversial report proposed a possible plan to close all nuclear reactors by 2017. Can Germany really has nuclear independence by the end of ...
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Inovateus Solar and GE Energy Industrial Solutions Announce OEM Partnership Agreement to Build Scalable Solar Carport Charging Stations
Inovateus Solar LLC, a national solar power distributor and integrator, announced its partnership with GE Energy Industrial Solutions to become the original equipment manufacturer (OEM) for GE solar carport charging stations in a joint press event at the Greenbuild Conference and Expo in Toronto, Ontario, on October 5, 2011. The two companies evolved into the new partnership through the highly ...
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EnerCom Announces Lineup of Top Independent Energy Companies for EnerCom Dallas The Energy Investment and ESG Conference April 18-19, 2023
EnerCom, Inc. has published the preliminary presentation schedule and conference events for the EnerCom Dallas – The Energy Investment & ESG Conference + The Energy Venture Investment Summit, April 18-19, 2023 at Hotel Crescent Court, Uptown Dallas. EnerCom Dallas is an energy-focused investment conference that provides institutional investors the opportunity to hear investor ...
By EnerCom Ltd.
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Ofgem Gains New Powers on ‘Rogue’ Brokers
Under the Business Protection from Misleading Marketing Regulations (BPMMR), Ofgem has been given powers to clamp down on brokers and other organisations that are marketing energy products or services to business customers in a misleading way. Like all industries we have our fair share of cowboys. Independent trade bodies have been set up to try and regulate through a voluntary code as well as ...
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