Hinkley Point has Postponed Plans until September   Towards the end of July, last minute delays were proposed for Britain’s first new nuclear power plant for a generation. The decision for Hinkley Point, Somerset, came into place after Theresa May’s Government announced a new review. Resulting in the decision on the future of Hinkley Point being postponed until September. After the EDF board approved the £18 billion project, within hours their decision had been subsided by the new Business and Energy Secretary, Greg Clark. He announced the project will be delayed. He said: “The UK needs a reliable and secure energy supply and the government believes that nuclear energy is an important part of the mix. The government will now consider carefully all the component parts of this project and make its decision in the early autumn.” Critics say that Hinkley Point is “poor value for money” and “very risky”.   The government has promised to pay EDF a cemented cost of £92.50 per mega-watt hour of electricity for a substantial 35 years. Questions have been raised regarding the association in the project with the Chinese State nuclear firms who are due to invest one third of the Hinkley Point project. The Chinese ambassador to the UK, Liu Xiaoming, has stated that he feels as though the ‘mutual trust’ is in jeopardy as a result of the recent delays to the nuclear project. This will continue unless the Hinkley Point power station is given the green-light again. Liu Xiaoming said: “Right now, the China-UK relationship is at a crucial historical juncture. Mutual trust should be treasured even more. “I hope the UK will keep its door open to China and that the British government will continue to support Hinkley Point – and come to a decision as soon as possible so that the project can proceed smoothly.” The two reactors which are planned to be constructed at Hinkley Point are expected to generate the right amount of electricity in order to meet 7 percent of the UK’s energy needs. This would enforce power in 5.8 million homes. Considering recent delays, the power is expected to be produced by 2033. Before the recent changes, the initial prediction for power to be produced was 8 years before this date, therefore allowing Hinkley Point to be producing power by 2025. Given the above, the government have insisted that Hinkley Point represents a good deal to assist the replacement of Britain’s ageing power plants. Old coal stations have been shut down to environmental rules and old nuclear reactors have to also bid farewell. What are your views on the new Hinkley Point plans? Do you agree with the critics comments or do you think Hinkley Point will be a good investment in the energy industry? Should the plans be postponed or should we go ahead ASAP with our new nuclear power plant station?

Energy Efficient Countries The UK has been declared the fifth most energy efficient country in the world! It is refreshing to receive such positive news this week in comparison to recent news stories flooding the headlines. ACEEE also known as American Council for an Energy Efficient Economy created a report ranking 23 countries, 75% of all energy consumption is represented in these 23 countries. The report evaluated the energy efficiency in multiple sectors involving transportation, building and industry also, the national efforts calculated to control energy use. The UK received the honour of 5th place due to the changes such as abandoning the Green Deal, a 20% cut to future spending and a 33% cut to the countries energy efficiency obligations target. The report displayed that the nation has strong policies to improve fuel economy and advance vehicle technologies, much more can be done to help improve the overall efficiency of the freight and passenger transport systems. Germany, unsurprisingly won first place with Italy and Japan not far behind. Brazil, Saudi Arabia and South Africa ranked at the bottom of the list. Steven Nadel, the Executive Director at ACEEE spoke about how energy efficiency is underutilised throughout Governments, he said: “Energy efficiency is often the lowest cost means of meeting new demand for energy. Governments that encourage investment in energy efficiency and implement supporting policies save citizens money, reduce dependence on energy imports and reduce pollution. Yet energy efficiency remains massively underutilised globally despite its proven multiple benefits and its potential to become the single largest resource to meet growing energy demand worldwide.” More than £43 billion has been invested in the energy industry in the UK. Resulting in 54, 000 jobs being implemented into the economy. A £200 billion investment plan is in place to improve the energy industry in the UK by 2020. This will involve closing down old power stations, an upgrade of the powerlines which fuel our homes and also an improvement must be made regarding the use of low carbon energy.

Finding Cheap Business Electricity Finding cheap business electricity can be challenging when every supplier offers such competitive rates. This is why you should make the effort to shop around and receive as many quotes as you possibly can. Although this may be a chore, it is regarding one of the main factors within your business – money. Ofgem Recommendations The leading regulatory body, Ofgem recommend that you shop around for electricity rates, at least every three years to ensure you are being delivered the best tariff for your business electricity needs. When we say shop around, we mean the whole market. Do your research, look into energy suppliers that you may never have heard of previously, and try to look further into suppliers that don’t fall under The Big Six. We are only a phone call away… If you are looking to seek consultancy with regard to your electricity, D-ENERGi can review your electricity and advise you on what is best for you and your business when it comes to electricity. Please don’t hesitate to give us a call at 0800 871 7626 to speak with one of our experienced Account Managers in-house to help you understand your electricity as opposed to developing knowledge in generic electricity rates. Every business’s electricity needs are highly unique and you should not feel as though there is only one route you can take. Hidden costs in electricity Something that isn’t outlined by every supplier is the fact that there are several other charges that relate to electricity supply. We like you to be involved and we want you to have a 100% understanding on just where your electricity budget money is heading. Some electricity quotes can be referred to as a mine field quote which can be presented in many different manners and can prove to show hidden costs. We can give you a cost analysis penny-to-penny of what and where you are spending your money on your business electricity. P272 P272 is a new regulation given by Ofgem which affects around 167,000 businesses. P272 is mandatory and affects the way all electricity suppliers settle electricity consumption for businesses within a specified energy use. This will result in sites being migrated from non-half-hourly meters (NHH) to half-hourly meters (HH), and enable suppliers to produce more accurate bills. More information and an infographic regarding P272 can be found here. If you would like to read our blog on P272 this can also be found here. Get competitive rates today with a free quote If you wish to seek electricity or any energy consultancy we are here until 5.00 pm every day ready to answer any questions you may have. Please call 0800 781 7626 for further information. You can receive a free, no-obligation quote here and start to compare electricity rates today!

Best Energy Suppliers for Business Business energy customers have numerous options regarding your supplier. The Big Six, who provide energy for the majority of homes, can also supply for your business additionally. The business energy plans they offer could be considerably higher in price, in comparison to smaller companies who can also deliver competitive rates. Businesses may opt to be supplied by The Big Six due to general recognition. Unfortunately, general recognition doesn’t always save you money on your energy bills. Every business has different needs for energy therefore bespoke rates which are tailor made for your business would be highly beneficial. At D-ENERGi we pride ourselves on ensuring you get the most competitive bespoke rates we can. To receive a free no obligation quote, visit our quote page to receive an energy quote for your business. Follow this link for our quote page. Choosing the right supplier for you can prove to be difficult as there are so many, D-ENERGi can provide you with the following: We can help align your contract end date with any other businesses you may have or your other utilities With us you can choose which tariff you feel would benefit you the most. Most suppliers will dictate the tariff you must be on. For example, a day and night tariff. If your preferred tariff is a single rate tariff, we would endeavour to provide this with no cause for a meter exchange. We can offer you renewals from the day your contract goes live which enables you to have access to the full annual market rates rather than a specific renewal reminder window compared to other suppliers. With us, you can lock in your energy well in advance of your contract end date and we do offer longer term contracts, where possible, which can allow you to take advantage of more favourable market conditions. When you are looking for a new energy supplier for your business, as a company we recommend you look at the smaller supply companies and compare each of their rates as, more often than not, a more competitive market rate is offered to you. The most important thing is that you choose the supplier who is perfect for your business. No customer should feel pressured to go with a supplier due to numerous cold calls, SPAM or harassment emails from the supplier company. If you would like to find out any more details regarding our bespoke rates, energy renewals or you simply have a general question about us as a supplier, please do not hesitate to give us a call on 0800 781 7626. If you would prefer to contact us via e-mail then send to customerservices@d-energi.com.