Non-commodity costs (NCCs) are making up an ever-growing proportion of business energy costs, and now account for more than 50% of electricity and nearly 40% of gas bills for business customers. Since their introduction in 2010, they’ve been rising steadily and by 2020, they could comprise around 60% of customers’ electricity bills. As a result, we believe it’s become more important than ever that customers understand what proportion of each element contributes to the total billable price.
Topics: Energy saving
Yesterday, 26 March 2019, National Grid confirmed the Triad periods for 2018-19 and SSE Business Energy is pleased to confirm that we accurately predicted each of the three peaks through our Triad Warning service.
The Triad season falls during the winter months, from the start of November to the end of February. The Triads are the three half hour periods of highest demand in Great Britain during this colder, darker time of year, and must be at least 10 days apart.
For businesses, consuming electricity during a Triad period is very expensive and it’s therefore important to try to avoid the three peak half hours. SSE Business Energy helps businesses avoid these times by offering a Triad Warning service which draws on the knowledge and expertise of weather forecasters and energy demand specialists.
A new Streamlined Energy and Carbon Reporting (SECR) framework comes into effect from 1 April 2019, replacing the existing Carbon Reduction Commitment energy efficiency scheme. As part of the scheme, companies will need to report their UK energy use from electricity, gas and transport, and scope 1 and 2 greenhouse gas emissions on an annual basis. In addition, these companies will have to report their intensity ratio, which is a measure of the energy inefficiency within a company.
SSE has set stretching new targets for 2030 in a bid to tackle climate change and support global goals for sustainable development.
At SSE Business Energy, I’m responsible for running and developing the data and digital services that support the delivery of our energy supply services to businesses operating in the UK. As part of this role, I’m regularly invited to take part in conferences.
I most recently participated in a panel discussion on data and innovation. This was organised by Everywoman – an international network set up 20 years ago to advance women in business – to mark International Women’s Day. SSE Business Energy has a long-running partnership with Everywoman and this supports our inclusion and diversity agenda.
The discussion was on “Dataversity – holistic approach to value creation of data”, and boasted an all-female panel of Sue Daly, Head of Big Data, Cloud and Mobile Services at techUK, Emma Kendrew, AI and Intelligent Automation Lead at Accenture, Anne-Laure Le Cunff, Founder of Ness Labs and Holly Armitage, Head of Data Services at BAE Systems Applied Intelligence. We talked through the critical need for an organisation embarking on the data journey to value collaboration if we are to realise the value of data. Another priority was the need to have data ethics as a core competence in the organisation to manage the risks and benefits of Artificial Intelligence tools.
This matters because SSE Business Energy has stewardship of your data in order to provide the services that matter to you. And we need your consent if we’re to do this effectively. Recent advances in technology allow us to do so much more and I am an enthusiastic advocate of providing those insights. My own experience of the digitisation of business is so positive – unlike my millennial colleagues, I know what it felt like to have had only monthly updates on my bank balance by mail. Could I exist today without online and mobile banking services? No way! Did I know I needed this back in the day? I’m not so sure.
My challenge is to support our engagement with you, our customers, to create an informed, consent-led relationship where we can provide insights and information to help you manage your energy consumption. Traditionally, energy has been a ‘silent’ commodity service; in other words, our role has been to keep things working seamlessly in the background rather than playing a more visible role in the lives of our customers.
That era is gone – we are all engaging in actively managing our energy consumption to help the elimination of waste. SSE Business Energy is currently working on building greater insights to serve our customers with some technology investments. As a passionate advocate of the power of data, I am delighted about this. It’s data for the many, not the few.
I will keep you updated on our progress.
The Energy Live Consultancy Conference (ELCC) returns to Manchester this Thursday, 21 March 2019 and SSE Business Energy is delighted to be sponsoring the conference for another year.
The full-day event sees TPIs, consultants and brokers come together to learn more about the big issues facing the energy sector. And whether that’s helping businesses find the right energy product, or understanding the impact of new technologies on the way we manage our energy and how customers can harness data to reap the benefits of energy, we’ve got some exciting events planned for you.
“It may sound obvious, but the costs of keeping lights on when no one’s in the room can add up,” says Eunice. “It’s everyone’s responsibility to keep lights switched off when they’re not in use. So make sure you take ownership when you see a room or corridor that is unoccupied or has enough natural daylight and turn the lights off.”
Another way to quickly cut down on energy usage is to pay attention to other electrical appliances.
Adapt to weather contitions
We’ve recently been experiencing milder weather, so make sure you’re adapting to these conditions and adjusting your heating temperatures to suit. Similarly, it can be tempting to turn on the air-conditioning in summer months when temperatures soar, but Eunice recommends trying natural ventilation, such as opening a window, first.
Energy Live News is back in Manchester for the Energy Live Consultancy Conference (ELCC) on 21 March 2019 and we’re excited to sponsor the event for the third year running. Around 200 brokers, consultants and TPIs will be gathering to learn more about what’s happening in the energy market. The conference will discuss the big issues facing brokers as we enter Brexit deal finalisation, offer informative sessions and the chance to listen to thought-provoking speakers.