Keeping you informed

Spring Budget 2017

Posted by SSE Business Energy on 08/03/17 16:10

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.

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Topics: Budget 2017, Energy Sector

Capacity Market Transitional Arrangement Auction Parameters Confirmed

Posted by SSE Business Energy on 06/03/17 10:13
BEIS has published a letter from Jesse Norman MP (Minister for Energy and Industry) to National Grid, in their capacity as EMR/Capacity Market Delivery Body, confirming the auction parameters for the 2nd Transitional Arrangements Auction, scheduled to open on Wednesday 22nd March.
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Decision on Energy Intensive Industries (EII) Exemption for RO and FITs still outstanding

Posted by SSE Business Energy on 06/03/17 10:12
Last Summer Government consulted on implementing an exemption from part of the costs of the RO and FITs schemes for EIIs, with the consequence that the extra cost of these schemes would fall on non-exempt consumers. The consultation stated the Government’s intention for the exemption to come into effect from 1st April 2017. As of yet the Government response to their consultation setting out their final decision is still outstanding and the exemption will require State Aid approval from the European Commission and Parliamentary time to amend the relevant legislation before it can come into effect.
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Ofgem’s ‘minded-to’ decision on electricity transmission charging arrangements for Embedded Generators

Posted by SSE Business Energy on 06/03/17 10:09
Over the past year there has been increasing scrutiny of the revenue streams earned by embedded generation. Ofgem identified ‘TRIAD avoidance’ in particular as an area of concern that was causing distortions to the wholesale, capacity and ancillary service markets and therefore indicated at the end of last year their intention to undertake reform to TNUoS Demand Residual (TDR) charging arrangements.
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Topics: Ofgem

Beware of energy fraudsters

Posted by SSE Business Energy on 25/01/17 13:57

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.

 

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SSE ranked highly in new customer league table

Posted by SSE Business Energy on 25/01/17 13:54

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.

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Topics: Customer

SSE sponsors edie Sustainability Leaders Forum and Awards

Posted by SSE Business Energy on 13/01/17 14:29

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.

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Topics: Edie Event, Sustainability

Capacity Market Auction Results

Posted by SSE Business Energy on 11/01/17 15:29
15/12/16

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

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Topics: Capacity Market

Levy Control Framework (LCF)

Posted by SSE Business Energy on 11/01/17 15:28
15/12/16

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:

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SSE is one step ahead in demonstrating fair tax credentials

Posted by SSE Business Energy on 11/01/17 15:28
05/12/16

SSE, one of the UK’s leading energy companies, has already demonstrated that it puts being open and honest about tax as a top priority, at a time when the tax credentials of big businesses are being increasingly scrutinised.

Not only are SSE committed to demonstrating their fair tax credentials, they are keen that sustainability policies span the full range of the businesses activities, primarily but not limited to from investing in renewable technologies and reducing carbon emissions, to being a Living Wage employer, across the supply chain.

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Topics: Fair-tax, Barnardos