Energy price cap for business – winter 2022/23

At last, an energy price cap for business energy prices – of sorts. The Energy Bill Relief Scheme will help businesses get through the coming winter. 

Is there an energy price cap for charities?

Are charities protected by the energy price cap? Charities will now benefit from the temporary price cap announced by the government. It will apply this winter. But there might be stipulations. Please read this article for the latest information.

High electricity standing charge – Targeted Charging Review

Ofgem’s Targeted Charging Review is responsible for the increase in your high electricity standing charge. In theory, costs have been moved from the unit rate to the standing charge. Although with prices so high at the moment, it is hard to see.

The collapse of CNG

It was confirmed on 7 November that CNG ceased trading. CNG have been a cornerstone of the UK commercial gas sector for 27 years. With nearly 3 decades of experience in trading gas, even CNG have fallen victim to the global energy crisis.

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Why are business energy prices so high?

Business energy prices are at record levels. Prices have increased gradually most of the year but exploded in September.

We take a look at the reasons behind the continued volatility.

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Are energy prices increasing?

In a word, yes.

There are a number of reasons for this, which we will take a closer look at.

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