A business using 1 gigawatt hour of power each year would save 273 tonnes of CO2 by simply switching to renewable energy.
Corporate social responsibility is becoming more important for businesses today as consumers are looking for more than just high quality products and services when they make a purchase.
They’re prioritising CSR, and holding corporations accountable for effecting social change with their business beliefs, practices and profits.
Sustainability is now vital for business sucess, as communities grapple with the problems that are global in scope, multifaceted and will affect generations to come.
Switching to renewable energy is a great example of how a business can cut its carbon footprint with ease. Furthermore it provides fantatsic opportunities for the organisation to stand out against its competition.
Utilising renewable energy and investing in energy conservation strategies should be the ultimate goal, and today this can be achieved easily and without major capital investment. To find out more…
UK Gas jumps 35% to highest levels since 2013
UK Gas prices have hiked again following an explosion at Austria’s main gas hub.
The explosion killed one person and injured 18 others, but emergency services have managed to bring the blaze under control.
The hub is important for European gas transit, with natural gas transported along several cross-border pipelines. Italy declared a state of emergency regarding energy supplies at the Austrian hub and their wholesale day-ahead prices surged 97% to 47 euros per megawatt-hour.
Britain fared slightly better with gas for immediate delivery soaring 35% to 92 pence per therm.
Water Leakage levels increase by over 1%
A report released by the watchdog on the 6th December shows the water industry in England and Wales lost 3.1 billion litres of water every day in 2016/17.
“Consumers view leakage as a dreadful waste and it can drain their own motivation to save water.” Tony Smith, chief executive of the Consumer Council for Water
A spokesperson for Water UK, added: “Leakage is an important issue, which is why water companies spend millions of pounds each year, which has helped to cut leaks by a third since the mid-1990s and most companies are still beating their targets. We’ve had some major successes in combatting leakage over the years, and at the same time we know that people want to do the right thing and use water wisely to help the environment. We all need to work together in different ways to reduce the pressure on water supplies, and that’s what water companies are doing every day.”
CCWater said it supports proposals by Ofwat for companies to reduce leakage by at least 15 per cent between 2020 and 2025.
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DCP161 Excess Capacity Charges
Ofgem are to introduce a new regulation called DCP161 which is to ensure that half hourly (HH) supplied meters that exceed their assigned capacity pay substantially more.
This new measure is to be introduced in April 2018 and is a change to the DCUSA (Distribution Connection and Use of System Agreement) and will impose Excess Capacity penalties for HH electricity supplies to recover the additional costs that Distribution Network Operators can incur when customers exceed their predefined capacity levels.
At present, there are no penalties in place beyond the charge suppliers add for the excess kVA in the month of the breach at the standard available capacity rate, and these rates are so minimal that there is no incentive for users to review their capacity allowance. But the new regulation is intended to change this and could see users being penalised by over three times higher than the standard rate.
The new rates are yet to be published, but it is expected that these will vary by region, voltage and in areas where demand for capacity is high, the costs will also reflect this.
It is vitally important that customers that have, or are due to change to HH supply meters because of P272 (profile classes 05-08), understand the available capacity and maximum demand levels in case these supplies are in breach of their capacity levels. Any premise in breach, needs to agree a revised import capacity or deploy energy saving measures to reduce demand at peak times and avoid these charges.
If you are unsure if your kVA capacity is suitable for your premises, please complete the short form below.
36 Thousand water meter switches – is it time you are on-board?
In just three months from March to June there has been 36,301 switches by business water customers according to the Market Operator Services Limited (MOSL).
£200 million worth of savings available
With an estimated £200 million worth of savings available to businesses across the country, businesses are urged to examine the benefits of switching. Customers that switch are likely to experience lower costs with an improved quality of service and in the case of GET Solutions clients: an additional water management and retrospective bill analysis service, to identify and claim back overpayments for a period of up to 6 years.
With the market being made up of 2.6 million supply points, the majority of businesses are yet to switch and realise the opportunities that an open market provides.
Possible cause of averseness to switch…
Lord Redesdale suggested that “a lack of awareness may be holding the water retail market back, as they are coming across people time and again who have no idea about deregulation of the water market.”
MOSL also expressed that “small businesses are time poor and are therefore unable to compare suppliers and negotiate the complex pricing models.” However, 58% of consumers that have switched have a water consumption of below 1,000 litres of water a day and these businesses include, local shops, pubs and churches.”
If time is restricting your business from exploring the benefits of the water retail market, our advice is to seek assistance. Within just a few minutes, you can easily assign GET Solutions the task of analysing complex water pricing models to find the very best deal for you.
Find out more…
How much chocolate do you consume?
World chocolate day is an observance that occurs globally every year on the 7th July. It has been stated that chocolate was first introduced into Europe 467 years ago today.
To celebrate World Chocolate Day, we’ve decided to look at the energy levels that chocolate provides, but to illustrate this energy in a format we can easily visualise, we decided to quantify in relation to the volume of energy consumed by our Coventry HQ offices. .
Taking a standard 200g dairy milk chocolate bar, we noticed it provides 553kJ of energy for every 25 grammes of chocolate. Analysing our energy bill, we calculated our office on average consumes 116 kWh of energy per day.
To operate our office on world chocolate day, our HQ office would consume approximately 95x 200g bars of dairy milk chocolate.
How much chocolate will you consume, on world chocolate day?
GET Solutions – one solution for all your energy needs.
LED – Energy Efficient Lighting
Sainsbury’s has announced its commitment to become the first supermarket chain in the UK to adopt LED energy efficient lighting across all 450 stores by 2020.
The retailer predicts that installing over 250,000 LED across its sites, could reduce its annual lighting energy consumption by 58%, while reducing its greenhouse gas emissions by a further 3.4%. This move will form an important part of Sainsbury’s sustainability goals to reduce its impact on the environment and help it meet its 2020 carbon emission reduction targets. According to the company’s annual report for 2017, substantial progress has already been made with a 11.6% fall in electricity usage since 2005, despite an increase in store space of 54.2%.
Paul Crewe, Head of Sustainability, Energy, Engineering and Environment at Sainsbury’s, said: “At Sainsbury’s we’re committed to lowering the carbon emissions of our stores, so we’re proud to be the first supermarket to switch our large stores entirely to LED lighting.”
Your business can:
• Reduce operational costs with the latest energy efficient equipment.
• Lower maintenance expenditure with higher quality, long-life products.
• Decrease dependence on fossil fuels.
• Become a greener business with improved sustainability.
Find out more…
Have you switched?
P272 prompts a switching surge
Since P272 was implemented on the 1st April, there has been a surge in supplier switching in February and March which is believed to be as a result of customers being fearful of increased energy costs as a result.
What is P272
P272 is an amendment to the energy balancing and settlement code where half hourly metering became mandatory for most classes of business users.
Normally businesses that are effected by P272 would be in 1.5 or 2 year contract cycles and switching registrations normally spike in October and April. So this ‘out of the ordinary’ spike in switching will be welcomed news to Ofgem because it suggests there is a significant increase in customer engagement.
GET Solutions are available to assist and guide you through the P272. If you would like further information or assistance on P272, please contact us or visit the Ofgem website.