VAT is paid on all parts of an electricity supply bill -
including the standing charge and Climate Change Levy. credit pacific service union
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Domestic VAT is charged at 5% and business is 17.5% credit first service union
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Electricity suppliers are required to collect VAT by
legislation on behalf HM Customs Excise. card credit mobile service
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Registered charities could be eligible for a 5% VAT
rate. card credit discover service
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Tied up with your current energy supplier in a fixed term
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Reasons to switch business electricity supply - save money
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3). Avoid prices increases coming your way - crafty
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The electricity market is renowned for its inflated
prices, record profits, fat
cats, lack of innovation and poor customer
care. E4B is a real alternative to the established
players. Watch out for the cleverly disguised electricity price
increase letters, often sent out up to 4 months before your
commercial electrcity contract renewal date. credit federal service union
Some utilities suppliers will impose these commercial
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E4B provides a service which cuts through the confusion in
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29/07/2007 The Time Britain big household energy suppliers
have come under withering attack from the industry consumer
watchdog over their failure to pass on cheaper prices to
customers, just days before British Gas is expected to announce
a 00 million rebound in profitability. consumer counseling credit inc
Energywatch, the consumer protection group, accuses the
dominant players in the multibillion-pound sector of operating
in an nti-competitive market that is effectively closed to new
entrants and of aughing all the way to the bank card credit fleet service
Allan Asher, Energywatch chief executive, claims that
household gas and electricity bills are 15 per cent or an
average of 35 a year more expensive than they should be because
of the nti-competitive nature of the energy market. card consolidation credit
He told The Times: arlier this year we were talking
about how there was going to be a price war, given how
wholesale gas prices had come down. There hasn been one and
there was never going to be one. credit free online report
here is no rivalry between the suppliers. They
control the generation and they each have a comfortable number
of customers. They e laughing all the way to the bank . . .
Not even a company with the power of Tesco could break into
this market. credit federal first service
The comments will pile pressure on Centrica, the parent of
British Gas, as it prepares to unveil interim results on
Thursday. Those are expected to show that British Gas made a
profit of 00 million in the six months to the end of June
dramatically up from a 43 million loss recorded in the same
period a year ago. consumer credit service
The turnaround comes after a sharp fall in the wholesale gas
price since last summer. Despite a rally in recent weeks after
the closure of a North Sea pipeline, forward gas prices for
this winter are just 44p per therm nearly half the level of a
year ago. In March British Gas became the first supplier to cut
residential bills for seven years and its annual dual-fuel rate
has come down by 00. However, City analysts believe that the
lower wholesale price means that it has managed still to
restore margins to between 6 and 8 per cent. center credit family service
Analysts add that BG rivals are operating at similar margin
levels, despite announcing price cuts of their own in the
spring. There is now a difference of just between the average
standard dual-fuel rates charged by five of the six suppliers.
Back to news listings credit reporting service
British Gas makes almost 3 million a day
Energy efficiency advice Energy Efficiency Advice -
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British Gas makes almost 3 million a day
British Gas makes almost 3 million a day
02/08/2007 The Times Online British Gas faces a customer
backlash after it emerged today that the UKs biggest gas and
electricity supplier made a profit of nearly 3 million a day in
the first half of the year. cca credit division service
The group, which has suffered from a wave of complaints over
customer service, swung 533 million back into the black over
the six months to June 30, against a 143 million loss last
year. Parent company Centrica insisted the exceptional
performance was a one-off. But watchdogs are certain to
complain that the results show how British Gas and its rivals
have not acted quickly enough to pass lower gas and electricity
prices onto customers. credit free report service
The profit turnaround follows a sharp fall in wholesale
energy prices. Prices at the turn of the year were half the
level seen last summer. British Gas made its first price cut in
March and followed with a second one month later but the
group s operating margin in the first six months was 15 per
cent, against a negative 3.5 per cent a year ago. The
performance means Centrica reported a first half operating
profit of 1.2 billion, up 80 per cent on the 692 million
achieved in the same period a year ago. Net debt fell by 1
billion. Sam Laidlaw, Centrica chief executive, signalled there
was unlikely to be another British Gas price cut this year. card credit customer discover
He said wholesale energy prices were beginning to climb once
more and added that the group would instead invest more on
improving customer service and securing new gas supplies for
the UK as North Sea fields dry up. The wholesale commodity
market remains the key uncertainty and current forward prices
for the coming winter are high, he said. It is therefore clear
that the very strong results of the first half will not be
repeated in the second, where more sustainable profitability is
likely to be achieved. Back to news
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British Gas Business accused over predatory pricing
Energy efficiency advice Energy Efficiency Advice -
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British Gas Business accused over predatory pricing
British Gas accused over predatory pricing
Utiltiy Week - 13 july 2007 ENERGY REGULATOR Ofgem has been
urged by customer watchdog Energywatch to step into the row
over alleged anti-competitive behaviour by British Gas Business
(BGB). credit legal repair service
The company has been accused of predatory pricing by
undercutting rival suppliers when customers give notice of
their intention to switch from BGB at the end of their
contracts. BGB denied that its behaviour transgressed the code
on customer switching, but Energywatch business services
manager Paul Savage said the company interpretation of the code
was nanimously opposed by the rest of the industry. GB
behaviour is symptomatic of the increasingly aggressive moves
among suppliers to retain customers, said Savage. f
this is consolidated into business practice it will damage the
vibrant competitive market Ofgem says it wants. /p cic credit monitoring service
Business energy supply specialist also accused BGB of
nethical practices in seeking to retain customers by using
aggressive pricing tactics. his is an anti-competitive
and possibly illegal incitement to breach a contract, said a
company spokesman. Ofgem was due to publish its views on the
row as Utility Week went to press, but the regulator said it
wanted more time to consider its approach to resolving the
increasingly bitter row. ccs credit division service
nbsp; has published a guide that it is distributing to
customers outlining what it says are sharp practices by the big
six energy suppliers. Chief among these are vergreen
fixed-price contracts, which after a set period renew at a
higher price unless the customer takes imely action A spokesman
said customers could save, 000 a year by being savvy to such
tricks. Back to news listings credit service union worker
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Here is a true opportunity for Energywatch to show its
teeth. Anything less than the outcomes cited above in the U.S.
and Canada will surely be letting the U.K. small business down.
END Contacts For interviews, quotes, photos or comments
contact: Bernard Scally MRA Public Relations Phone: 020 8847
2538 pr@ .co.uk Notes for Editors is Britain
independent electricity retail company specialising in the
supply of electricity to small and medium sized businesses. E4B
aim is to cut the cost for British business by offering lower
prices. card counseling credit service
Alternatively, if the two Scottish companies were to merge,
as some predict, competition would be almost eliminated in
Scotland. Business Electricity Prices Many businesses are
experiencing price increases of up to 140% which has the
potential to seriously impact UK business growth. Escalating
prices threaten business closure. Sources Mark Todd of Energy
Helpline was quoted in an article by Roland Gribben Daily
Telegraph 18/04/05 Kritish Gas accused over tactics on renewal
Back to press release listings card credit online processing
VERTICALLY INTERGRATED U.K. ENERGY GIANTS WANT TO HAVE
THEIR CAKE AND EAT IT
Energy efficiency advice Energy Efficiency Advice -
Download the FREE PDF
VERTICALLY INTERGRATED U.K. ENERGY GIANTS WANT TO HAVE
THEIR CAKE AND EAT IT
Vertically Integrated U.K. Energy Giants Want To Have Their
Cake and Eat It
Milton Keynes, UK - 7th December 2006 Claims by the major UK
gas and electricity suppliers that they have been forced to
increase their prices in order to claw back the huge deficit
created by the unprecedented rises in wholesale prices would,
on the face of it, appear to be a reasonable explanation for
their action. However, if this were an entirely accurate
picture they would be expected to take a hit on their profit
especially since they have passed on to their customers
... far less than the full extent of the increase in
wholesale energy prices experienced.... consolidated counseling credit
But profits are rising and rising big time and the
explanation given is that these profits come from a different
source -- from upstream activities such as generation and
exploration. Now this might appear plausible except that it was
they who persuaded the UK government against wide ranging
protests at the time that they should be allowed to integrate
both generation and supply businesses as they operated much
more efficiently in tandem. check credit service
They can t therefore have it both ways - either the
vertically integrated companies should report as single
entities and come clean about the overall level of profits they
are making from activities that are ultimately paid for by the
final customer or if they wish to divorce the business
activities then the government must revisit the rationale for
allowing such integrated giants in the first place. card credit online payment
If the former approach is the preferred one then the
decision to raise tariffs to such unprecedented levels was
completely unjustified and consumers have a right to new fair
rates along with compensation for overcharging. civil credit ontario service
Furthermore, the original argument given for raising tariffs
to these levels is itself now redundant. Wholesale prices have
seen a sustained retreat since the summer but this has failed
to halt the drive towards even greater profitability. Scottish
and Southern Energy will be raising prices on 1st January 2007
despite an advance in pre-tax profits for the first half of the
year to a staggering 84.5 million. Energy supply director,
Alistair Phillips-Davies is recently quoted as saying If,
as everyone hopes, falls in wholesale energy prices continue
and are sustained, we will move as quickly as we can to reverse
the price rises of recent years. antonio credit san security
But shouldn t they be applying these price reductions
now, or at the very least forego any further increase After
all, the profits that have been reported have been generated
from the unprecedented rise in wholesale prices -- yes, those
same wholesale price rises that necessitated the retail price
increases in the first place. Yet they, like all the other
major suppliers, seem determined to have their cake and eat it
by once again claiming that the retail business is a separate
entity from upstream generation. card cardmember chase credit
Graham Paul, Sales and Marketing Director of Electricity 4
Business Ltd, a company determined to redress this imbalance in
the business electricity sector, points out a further negative
impact of the government s decision to allow companies to
operate both in generation and supply. clean credit repair service
Those energy giants who operate in both generation and
supply gain a massive advantage by not having to go to the
wholesale market for their supplies. Their supplies are simply
transferred from their generating activities. credit management service
Those of us whose only option is to purchase from the
wholesale market discover that prices are distorted by virtue
of the energy giants absence. says Paul. The
market is too small to operate properly and is therefore
illiquid. The end result is a barrier to the very competition
that de-regulation was supposed to create. Like Energywatch we
believe there should be a competition commission investigation
into whether the market really is working. If prices fail to
come down, it will only add weight to the call for market
structure change. colorado credit public service
The only feasible solution to redress this imbalance would
be to force all parties to source their supplies from the one
wholesale market which would be likely to drive down prices and
lead to a far better deal for the energy consumer. consolidation counseling
The European Competition Commission is currently
investigating the barriers to competition in gas and
electricity markets throughout Europe and is expected to
enforce the break up of supply companies who also own the
distribution networks. However, if the Commission is serious
about creating truly competitive markets it must eventually aim
to remove the advantages clearly evident to those suppliers
with generating activities. bureau card credit service
96% of UK business is supplied by 6 players: EON UK -
Powergen. EON Germany RWE - Npower. RWE Group. Germany EDF
Energy - Electricite de France. France British Gas Business.
Centrica Plc Scottish Power Plc Scottish and Southern Energy
Plc card credit customer service
Business Electricity Prices
Many businesses are experiencing price increases of up to
140% which has the potential to seriously impact UK business
growth. credit financial service
Escalating prices threaten business closure. Back to
press release listings card citibank credit customer
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Is E4B an Internet only service No, the Internet is part of our service to help customers get business electricity quotes and switch supply. Quotes can also be obtained over the phone, by fax, email or post. Is changing business electricity suppliers a hassle No, not when you change to E4B. About 50, 000 electricity supplies are switched every week. Are there any costs in switching to E4B No. There are no administration charges involved in switching to E4B, your business can start saving money on its electricity today.
Read how to get a quote for cheaper business electricity bills. It will only take a few clicks to see just how cheap E4B's business electricity prices are. Save money, compare prices and rates to calculate your energy savings with E4B. Cheapest business electricity quote in minutes Commercial electricity prices quoted online in minutes, compare business electricity prices and reduce your supply costs today.