Bizz Energy now in administrative receivership
3 Nov 2008 at 10:40am
Worcester based Bizz Energy is the latest victim of increases in wholesale energy costs and having appointed KPMG to carry out a quick auction after struggling to refinance its debts has now been placed in administrative receivership.
All 40,000 electricity customers across its SME and corporate networks are being transferred to British Gas Business for a cash consideration of £3.5million.
From a customer viewpoint British Gas Business will maintain existing contract terms and conditions.
Electricity4Business collapse, thousands of businesses face higher energy bills
23 Oct 2008 at 5:07pm
Milton Keynes based energy supplier Electricity4Business (E4B) has been placed in adminstration with the appointment of PWC as administrator. E4B has around 160 staff and hopes are that PWC will find a quick buyer to save the company going under altogether.
From a customer viewpoint British Gas has been appointed by OFGEM as the replacement supplier to all E4B energy customers from the 24th October.
Under the terms of their appointment British Gas do not need to honour the existing E4B contracts in place and customers are free to shop around for a new supplier without any penalty, the best place to start such a hunt is www.billscutter.com, a leading independent energy broker specialising in commercial energy contracts.
Energylinx endorsed by energywatch again
25 Sep 2008 at 11:47am
Energylinx are delighted to receive confirmation from energywatch that we have been accredited for the third time. Energylinx was one of the founder members of energywatch and has held accreditation to the Code since 2003. With the responsibilities of energywatch...
Ecotricity increase energy prices
1 Aug 2008 at 7:52pm
Ecotricity, the green electricity company has today, 1st August 2008, announced prices increase in three distribution areas.
Ecotricity offer two tariffs:
New Energy
New Energy Plus
British Gas, the impact of the latest price increases
31 Jul 2008 at 9:07am
Yesterday, 30th July 2008, British Gas announced that both its gas and electricity prices were going to increase.
Given how wholesale energy prices are rocketing and coupled with the fact that this year the UK will require to import some 40% of its winter gas requirements from abroad then unfortunately this might be a sign of things to come.
British Gas Click Energy 5 price reduction
2 May 2008 at 5:42pm
With effect from 8th May for existing customers British Gas has reduced the cost of Click Energy 5.
The reduction applies to electricity only and ranges from averages 4.36% across the UK with the best savings in the SWALEC region where the saving is a massive 12.19%.
