As signalled by our blog in early March about charging arrangements for embedded generation, Ofgem have published a consultation on their Targeted Charging Review (TCR).Ofgem are consulting on reviewing and changing some of the charges that electricity transmission and distribution network users pay for using the network. In Ofgem’s view the current way the ‘residual’ charges are applied could lead to potentially detrimental differences in costs for different groups of consumers, and inefficient investment decisions resulting in increasing costs for consumers overall.
This afternoon, the Chancellor presented the Government’s Spring Budget to Parliament. The Spring Budget is an update on the Government’s plans for the economy based on the latest forecasts from the Office for Budget Responsibility and sets out the Government’s taxation and spending plans. This was the last Budget to take place in the Spring as Budgets will now be delivered annually in the autumn. The full Budget document can be read here.
In recent weeks we have received an increasing number of calls from customers who have been contacted by individuals claiming to be from OFGEM or SSE.
The Fraudsters claiming to be from SSE are stating that our systems “are down” and are asking the customer if they can supply meter details and also information from their bill.
The Fraudsters claiming to be from OFGEM are stating that SSE have been suspended from selling for 91 days due to overcharging. The Fraudsters then ask the customer for their bank details so that they can refund the value of overcharge.
SSE would not need to ask customers for their meter details or indeed any details from the bill. We have all of these.
OFGEM would not require details of individual customers bank details.
If it seems to be wrong, it probably is so end the call as soon as possible without passing out details of any kind.
SSE has been ranked as the second best energy provider at handling complaints from small business customers.
Citizens Advice has launched a brand new league table allowing millions of small business owners to compare how well energy suppliers are handling their complaints. The new rankings - which will be published quarterly - measure how effectively energy suppliers are dealing with complaints from small business customers across Great Britain. The production of this league table followed the charity’s established quarterly complaints league table for household energy customers - first launched in 2012.
SSE Business Energy are sponsoring the edie Sustainability Leaders Forum and Awards on 25 and 26 January. This annual event, which takes place in London, aims to bring together like-minded professionals who want to move beyond environmental objectives and deliver transformational change within the area of sustainability.
On 9th December the provisional results of the latest Capacity Market auction were announced. A total of 52.4GW of capacity was procured in the auction to provide security of electricity supply in 2020/21. The auction cleared at £22.50 kW / year (2015/16 Prices), which was lower than some forecasts but higher than the clearing price in the 2014 and 2015 auctions. Final confirmation of the results will be announced by the Government in the New Year. National Grid’s publication of the provisional results is available here
Topics: Capacity Market
Recently the Government published two reports on the LCF (the mechanism through which Government sets a cap on the forecast cost of certain policies funded through levies on energy bills). These reports covered: