Telnergy (Business Energy)

Is Energy Inequality on the Horizon? Significant changes are coming to how electricity is priced in Britain. According to reports, the Department for Energy Security and Net Zero (DESNZ) is set to introduce zonal or locational pricing for electricity. Under this new system, consumers would be charged different rates for electricity depending on where they are located relative to the generation sources. Businesses would pay considerably more than the domestic market. The pricing would reflect the costs of transporting that energy over the transmission network. The goal is to incentivise the construction of more renewable energy projects, such as wind and solar farms, closer to population centres. This could mean cheaper rates for those living near these green generation hubs. However, the shift to locational pricing is already sparking controversy. Renewable operators in remote areas worry about being disadvantaged, while some consumer groups and nimbys have raised concerns about urban dwellers paying more. No matter how you slice and dice it, this overhaul could be a game-changer for Britain's energy transition. It aims to drive investment in strategic locations and reflect the actual cost of delivering clean electricity. What's your take on locational pricing? Is it an intelligent way to optimize the future net zero grid or a risky overhaul that could create energy inequality? I'm interested to hear different perspectives on this pivotal policy shift. #energypolicy #electricity #netzero #renewableenergy #what3words #locationalpricinglocation

The Hidden Dangers of Verbal Energy Contracts in an AI World In a recent unsettling development, a company in Hong Kong fell victim to a sophisticated deepfake scam, leading to a staggering loss of $25 million. This incident spotlighted all businesses' vulnerabilities in today's advanced technological landscape. However, a similarly pressing issue that demands immediate attention within the UK energy sector is the reliance on verbal contracts for energy procurement, coupled with the insufficient regulatory framework governing these practices. The fragility of this approach was starkly revealed as the UK energy market experienced turmoil, highlighted by the collapse of numerous UK energy suppliers. These events left millions of residential and commercial consumers in precarious situations. This underlines the critical need for more robust procurement strategies. Investigations into these collapses uncovered a common theme: an over-reliance on verbal agreements for wholesale energy purchases the absence of adequate risk management or hedging mechanisms. This oversight became particularly problematic when energy prices surged unexpectedly, leaving suppliers and, by extension, consumers in vulnerable positions. The continuation of this trend is alarming. The BBC's report of four new energy supplier failures in early 2023, affecting over 200,000 households/small businesses, underscores the ongoing risks associated with informal procurement methods. The heart of the issue lies in the inherent lack of accountability and transparency associated with verbal contracts. These informal agreements expose energy suppliers to significant price volatility and counterparty risks, often leaving them with limited recourse in adverse situations. Moreover, the advent of AI-driven voice cloning technologies introduces a new dimension of risk, enabling fraudsters to mimic the voices of company executives and business owners convincingly. This advancement could potentially facilitate deceptive practices, tricking unsuspecting employees and owners into agreeing to unfavourable verbal contracts. These are legally binding and could lock consumers in the commercial sector for a period of as much as 6 years on highly suspect pricing. The role of Ofgem, the UK's energy regulator, is pivotal in addressing these challenges. While introducing stricter financial criteria for new market entrants is a step in the right direction, it falls short of addressing the core issue: the need for formalised procurement contracts. This applies across the board and even more so with business energy contracts. Implementing regulatory measures that mandate clear contract terms and standardise risk management practices is essential for enhancing transparency and accountability within the sector. Continued.....

🌍 Manage and save with Telnergy's Energy Management Service! 💡💸 Are your energy bills causing you confusion? Telnergy's Management Service offers a solution! 📝 Our named energy manager will resolve administrative errors and explain every itemised cost to you. Pay only for the energy you use – nothing more, nothing less! 💯✅ Here's what our Energy Management Service includes: 💡 Bill Validation: Pay for the energy you use, not your supplier's mistakes. 💵 Cost Recovery: Get overspends refunded quickly. 🏢 Multi-site & Tenancy support: Accurately rebill multiple tenants or business units. 🔐 Client Portal integration: Access energy billing tools 24/7. 📊 Management Reporting: Receive quarterly or annual reports to suit your accounting periods. But that's not all! Our Energy Management Service improves cash flow and frees up your time. Don't believe us? Send us your latest bill for a free introductory audit! 💰🕒 #EnergyManagement #ManageYourEnergy #SaveOnBills #EfficientBusiness #BillValidation #EnergySavings #CostRecovery #FreeAudit #TakeControl #Telnergy

Looking to upgrade your site? Check out Telnergy's Site Developments services! 💼 From commercial gas connections to electricity needs, we've got you covered. 🏢 Boost your business efficiency today! #BusinessSolutions #SiteDevelopment #GasConnections #ElectricityNeeds

Looking to reduce energy costs and shrink your carbon footprint? 💡✅ Telnergy can help! As an energy consultant, we offer bespoke and impartial utility advice, energy buying management, site developments, and a path to achieving net zero. 🌍🔋 Why use an energy consultant? Here are some benefits: - Understand and reduce energy costs 💰 - Expertise in managing energy usage ⚡ - Ensure qualifications and trustworthiness 💯 In the shift to carbon neutrality, an energy consultant can guide you on solar panel installations and help you make the right business decisions. 🌞☁️ By working with Telnergy, you can: - Save money by finding the right supplier efficiently 💸 - Receive transparent pricing and avoid hidden charges 🔍 - Access black-and-white information for informed decisions 📄 Our experienced consultants, with a combined knowledge of over 40 years in the energy industry, can help you get the best price and budget certainty for your future needs. Contact us for savings today! 📞 At Telnergy, we become your energy partner to: - Secure the best energy tariffs ✅ - Ensure accurate energy bills ✔️ - Reduce your carbon footprint 🌱 - Improve infrastructure and meters 📊 - Find opportunities to cut energy costs on-site ✂️ We operate transparently and believe in building lasting partnerships, treating our customers and partners with integrity and respect. Get started with a free business energy tariff audit. Visit our website now! Link in bio. ⬆️ #EnergyConsultant #ReduceEnergyCosts #CarbonNeutrality #SolarPanels #SaveMoney #TransparentPricing #NetZero #EnergyPartnership #SustainableBusiness #BusinessEnergyAudit #Telnergy #GreenEnergySolution #ConsultancyServices #ExpertAdvice

📢 Get ready to spread some love and warmth, it's National Hugging Day! 🤗💕 🏡 Celebrate this special day in the comfort of your own home with these heartwarming ideas: - #VirtualHugs: Send virtual hugs to your loved ones through video calls or heartfelt messages to let them know you're thinking of them. 💻💖 - #HugYourPets: Embrace the furry companions in your lives and shower them with extra hugs today. 🐾😻 - #SnuggleUp: Grab your favourite book or blanket, find a cosy spot, and indulge in a comforting snuggle session. 📚🛋️ - #SpreadLove: Share your best hugging memories or stories on social media, and tag us to join the conversation. Let's lift each other's spirits with love and positivity! 💭❤️ Remember, even though we may be physically apart, we can still send hugs and share warm feelings from home. Let's make this National Hugging Day extra special! 🌟🎉 #NationalHuggingDay #SpreadLove #VirtualHugs #HomeSweetHome #WarmthFromWithin #HugYourLovedOnes #EmbraceTheMoment #StayConnected #SnuggleSession #ShareTheLove #HeartwarmingThoughts #SendingWarmHugs #HomeboundHappiness #SpreadPositivity

Looking to add a touch of professionalism to your site developments? Look no further! Telnergy offers top-notch commercial gas connection and electricity services. From start to finish, we handle it all. Don't miss out on the opportunity to enhance your projects! Check out our services now at https://lnkd.in/eps_CcJp #SiteDevelopments #GasConnection #Electricity https://lnkd.in/eDAK8c-v

Leeds City Council has launched a new scheme last week (3 January) aiming to provide free installation of energy saving green measures for hundreds of local households. Read more 👉 https://lttr.ai/ANWc3 #LeedsCityCouncil #ProvideFreeInstallation #LocalHouseholds #SimilarFundsAllocated #MadeRecentAdvancements #EnergyPerformanceCertificate #BolsterEnergyEfficiency #CouncilSHomeEnergy

💡 Clarify your energy costs with Telnergy's Energy Management Service! 💡 Is your energy bill giving you a headache? Let our named energy manager take care of it for you! With Telnergy's Management Service, you'll have someone dedicated to resolving administrative errors and explaining every itemised cost on your bill. Say goodbye to paying for mistakes made by your supplier's accounts team! Here's what our energy management service offers: - Bill validation: Pay for the energy you use, not the mistakes others make. - Cost recovery: Get any overspending back into your account ASAP. - Multi-site & tenancy support: Accurately and fairly rebill multiple tenants, business units, or sites for their energy consumption. - Client portal integration: Enjoy 24/7 access to energy billing tools that make sense. - Management reporting: Receive quarterly or annual reports tailored to your accounting periods. Ready to see how much you can save? Check out our and get a FREE business energy audit. Our energy management service saves money, improves cash flow, and frees up your time for other commercial priorities. Don't miss out on this cost-effective solution! But that's not all! Our Energy Management Service also includes: - Bill validation - Rebate recovery - Anomaly investigation - Usage & cost forecasting - Disconnections - Helpdesk for multi-sites - Tenant billing - Changes of occupancy - Payment reminders - Fully scalable support - Triad charge checking - Client control panel Still have questions? Please read what our satisfied clients have to say in our client testimonials section or contact us at 01202 483388 to learn more about our bespoke service. We cater to clients across the EU 27 member states, the US, and beyond! Ready to simplify your energy bills? Visit our website and find out more today! 🌍✉️🔋 #energymanagement #billvalidation #costrecovery #savings #clientsatisfaction #businessenergy #bespokesolution #energyconsultancy