The end of the Energy Bills Discount Scheme: What’s next for businesses?
npower Business Solutions
Sharing information and opinions about the issues affecting medium to major energy users, generators and consultants.
Welcome to the March issue of Energy Bulletin. This is your monthly round up of all the latest news to help navigate the complex energy market, providing you with helpful insight so you can plan your energy strategy in the most effective way possible.
In this edition, we cover:
A view from our Director of Corporate and Strategics
On 31 March 2024, the Energy Bills Discount Scheme (EBDS) ends. With no more direct financial support from Department for Energy Security and Net Zero (DESNZ) in the government’s plans, what does this mean for businesses?
In a new blog, Sally Phillips looks at how recent announcements, including the second consultation for the Review of Electricity Market Arrangements (REMA), could impact business energy users, as well as the steps they can take now to take control of their energy use.
Energy update: Market-wide Half-Hourly Settlement (MHHS)
MHHS is an Ofgem led initiative that will revolutionise the UK’s electricity systems and processes, providing the flexibility needed to support the transition to net zero. But, do you know how it could impact your business?
In our latest Energy Insight webinar, Regulation Manager, Louisa Stuart-Smith , provided a short overview of this change, what it means for businesses and the key industry dates to be aware of. You can see Louisa’s update below.
If you need further information about MHHS, you can put your questions to our experts here.
Three key things to read and watch
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Three reasons why your energy data is a business essential
In the current economic climate where every penny counts, many businesses could be inadvertently wasting money by not understanding their energy consumption. This is where good data can be worth its weight in gold. It not only helps businesses understand how and where they are using energy, it enables them to make informed decisions about future energy investments.
In this blog, Customer Development Lead, Gareth Andrews , outlines why using data to develop and underpin an energy management plan and net zero delivery roadmap is critical.
Q&A: Energy network charges and RIIO
In Q1 2023, non-commodity charges accounted for around 21% of electricity invoices. Fast forward to today and it’s more like 46% - but do you know what it could be by Q4 2025?
In a recent poll during our Energy Insight webinar, only a third of business energy consumers correctly identified that non-commodity costs could rise to around 60% of electricity invoices by the end of 2025.
To understand more about the network charges element of these costs, it’s worth reading our recent Q&A with industry cost expert Niall Coyle to answer:
This spring’s five ‘need to know’ energy topics
Energy-related headlines are rarely out of the news these days. So perhaps it’s not surprising that our latest Energy Insight webinar on Thursday 14 March was well attended by UK businesses and energy consultants.
In just two minutes you can read Ben Whitelam 's five key energy takeaways, and find the link to sign up to our webinar mailing list.