Energizing Insights: Latest Energy News & Pricing in the UK

The energy market has experienced significant fluctuations recently, impacting the energy price cap and government support schemes. In this blog, we’ll provide you with the latest updates on the energy price cap, the Energy Price Guarantee, the Energy Bills Support Scheme, and more. Additionally, we’ll offer helpful energy-saving tips and discuss the reasons behind the high energy prices.

  1. Controlled Power Outages: To manage electricity shortages during peak demand, controlled power outages may be introduced. The country is divided into 18 areas (Rota Load Block Alpha Identifiers), which may experience temporary power cuts in rotation to ensure fairness. During such events, refer to powercut105.com for up-to-date information and contact your network operator for critical electricity supply needs.
  2. Renewable Energy Surges: A Ray of Hope The UK has made significant strides towards a cleaner energy future by embracing renewable sources. In the latest news, renewable energy generation has hit a record high, with wind and solar power contributing substantially to the grid. This surge in renewable energy reduces carbon emissions, enhances energy security, and fosters a sustainable energy ecosystem.
  3. Energy Price Caps: A Balancing Act: The UK government recently announced adjustments to energy price caps, aiming to balance consumer interests with fair returns for suppliers. This measure seeks to protect vulnerable consumers from excessive energy bills while ensuring the viability of energy providers.
  4. Investment in Offshore Wind Projects: The UK’s commitment to offshore wind energy remains strong, with several new projects receiving significant investment. These initiatives are expected to bolster the country’s clean energy capacity, decrease dependency on fossil fuels, and drive economic growth in the renewables sector. The increased scale of offshore wind projects also presents potential cost reductions in the long term.
  5. Smart Grid Technologies: Empowering Energy Management: Integrating innovative grid technologies is transforming the energy landscape in the UK. With real-time monitoring, demand-response capabilities, and automated systems, smart grids empower consumers to make informed energy choices, reduce peak-hour consumption, and optimize energy usage. These advancements are expected to enhance energy efficiency and reduce costs for businesses and homeowners.
  6. The Rise of Electric Vehicles (EVs): The UK’s drive towards sustainable transportation is evident in the surge of electric vehicles on its roads. With the government’s support for EV adoption, the demand for electric cars has risen, leading to the expansion of charging infrastructure across the country. As the EV market grows, we can anticipate a positive impact on carbon emissions and reduced reliance on traditional fuel sources.

Conclusion

The energy sector in the UK is undergoing significant transformations, driven by a commitment to sustainability, technological advancements, and evolving consumer preferences. From renewable energy milestones to investment in offshore wind projects and the growth of electric vehicles, the country is paving the way for a greener and more cost-effective energy future.

Keeping an eye on energy pricing trends is essential for consumers and businesses to make informed decisions about their energy consumption. As the UK continues its journey towards a cleaner and more efficient energy landscape, staying informed about the latest energy news and developments will empower individuals and businesses to play an active role in shaping a sustainable future.

Fidelity Group offer more than just procurement services; we are one of the UK’s top utilities and energy consultants, providing a comprehensive range of services. The best part? You hardly have to do a thing. We assist our clients in maximising the value from their energy contracts, decreasing their energy usage, minimising their carbon footprint, and ensuring their bills are accurate. We take the hassle out of managing energy contracts and oversee the entire process from beginning to end.

Contact us today for a comprehensive review of your business energy bill and discover how much you could save.

How to save Energy – Tips

  1. Upgrade to LED Lighting: Replace traditional bulbs with energy-efficient LED lights to significantly reduce electricity consumption.
  2. Install Smart Thermostats: Use programmable or smart thermostats to regulate heating and cooling, ensuring optimal temperatures during business hours and energy-saving settings during off-hours.
  3. Unplug Idle Devices: Encourage employees to unplug chargers, printers, and other electronic devices when not in use to prevent standby power consumption.
  4. Implement Energy Audits: Conduct regular energy audits to identify areas where energy consumption can be reduced and implement appropriate energy-saving measures.
  5. Use Energy-Efficient Equipment: Invest in energy-efficient office equipment such as computers, printers, and copiers that bear the ENERGY STAR label.
  6. Optimize HVAC Systems: Keep HVAC systems well-maintained and replace old units with energy-efficient models to reduce heating and cooling costs.
  7. Promote Telecommuting: Encourage remote work or flexible hours to reduce the need for office space and save on heating, cooling, and lighting expenses.
  8. Insulate Buildings: Properly insulate doors, windows, and walls to improve energy efficiency and maintain comfortable indoor temperatures.
  9. Encourage Energy Awareness: Educate employees about energy-saving practices and promote a workplace energy conservation culture.
  10. Utilize Natural Light: Arrange workspaces to maximize natural light exposure, reducing the need for artificial lighting during daylight hours.

By adopting these energy-saving tips, businesses in the UK can reduce their carbon footprint and save on energy costs, contributing to a more sustainable future.

Navigating the Energy Landscape for Businesses in the UK: Impacts and Opportunities

The energy sector in the United Kingdom is undergoing a significant transformation, driven by the global push towards sustainability and the need to combat climate change. This shift has profound implications for businesses, affecting their operational costs and strategic decisions.

This blog post will delve into the current energy situation for businesses in the UK, its impact on prices, and the opportunities it presents.

The Current Energy Situation for Businesses in the UK

The UK’s energy mix is increasingly leaning towards renewable sources. In 2020, renewable energy surpassed fossil fuels as the largest source of electricity generation in the UK for the first time. This shift is driven by government policies aimed at reducing carbon emissions, such as the commitment to achieve net-zero emissions by 2050.

However, this transition also presents challenges. The intermittency of renewable energy sources can lead to fluctuations in energy supply, and the need to replace ageing infrastructure can result in increased costs. These factors can create uncertainty for businesses, impacting their energy costs and requiring them to adapt their operations and strategies.

Impact on Energy Prices

In the short term, the transition to a more sustainable energy sector may lead to increased energy prices for businesses. Investments in new technologies and infrastructure, as well as the costs associated with decommissioning old power plants, can result in higher energy costs. Additionally, the price volatility associated with renewable energy sources can lead to fluctuations in energy prices.
However, in the long term, the shift towards renewable energy is expected to result in lower energy costs. As renewable energy technologies become more efficient and widespread, the cost of producing renewable energy is expected to decrease. Furthermore, government incentives for renewable energy can help offset the initial costs of transitioning to cleaner energy sources.

Opportunities for Businesses

Despite the challenges, the transition to a more sustainable energy sector also presents opportunities for businesses. Energy efficiency measures can help businesses reduce their energy consumption and costs. Technologies such as smart meters, solar panels, voltage optimization and energy management systems can provide businesses with greater control over their energy use, enabling them to optimize their operations, reduce cost and waste.

Furthermore, businesses can take advantage of government incentives for renewable energy and energy efficiency. These incentives can help offset the costs of implementing sustainable energy solutions and can provide businesses with a competitive edge in a market that is increasingly valuing sustainability.

Conclusion

The energy landscape in the UK is changing, and businesses must adapt to navigate this new terrain. While the transition to a more sustainable energy sector presents challenges, it also offers opportunities for businesses to reduce their costs, improve their operations, and position themselves as leaders in sustainability. By embracing these changes, businesses can not only survive but thrive in the new energy landscape.

Business Energy Solutions in the UK

Fidelity Group offer more than just procurement services; we are one of the UK’s top utilities and energy consultants, providing a comprehensive range of services. The best part? You hardly have to do a thing. We assist our clients in maximising the value from their energy contracts, decreasing their energy usage, minimising their carbon footprint, and ensuring their bills are accurate. We take the hassle out of managing energy contracts and oversee the entire process from beginning to end.

Contact us today for a comprehensive review of your energy bill and discover how much you could save.

Ensuring Energy Stability for Your Business

Businesses in the UK must stay vigilant and adaptable, especially when it comes to the energy sector. Recent geopolitical developments have sparked concerns about potential disruptions and their impact on energy pricing. While the likelihood of such events occurring remains small, it is crucial for businesses to proactively assess their energy strategies to maintain stability and mitigate risks. In this article, we will explore the importance of reviewing energy contracts and offer valuable insights for navigating these uncertain times.

Understanding the Current Landscape

Geopolitical tensions, such as the resourcing of Ukraine by the West and potential Russian retaliation, have drawn attention to the potential consequences on energy markets. While we hope for peaceful resolutions, it is prudent to consider the ramifications of such events. Communication and energy interference, coupled with potential energy price fluctuations, could pose challenges for businesses. It is essential to be prepared and evaluate the potential impacts on your organization.

Energy Pricing: Past Trends and Future Outlook

To better understand the potential effects of geopolitical tensions on energy pricing, let’s analyze the recent trends. Energy prices have witnessed a significant decrease of 50% this year, and they are down by 75% from the highs observed in 2022. Many businesses are eagerly seeking further cost-saving opportunities, with hopes of securing an additional 5% reduction. However, it is important to recognize that any major geopolitical event can swiftly change the energy landscape, potentially eroding these savings. Being aware of this possibility can help you make informed decisions.

The Importance of Proactive Energy Contract Reviews

Considering the potential risks and uncertainties, businesses with energy contracts expiring within the next 12 months should prioritize conducting thorough energy contract reviews. A serious evaluation of your current energy requirements is vital to ensure you have the most suitable strategies in place. This evaluation should encompass factors such as pricing structures, contract terms, supplier reliability, and potential exit strategies. By taking a proactive approach, you can safeguard your business from potential disruptions and explore alternative options to enhance energy stability.

Seeking Professional Guidance

Fidelity Group Energy is dedicated to empowering businesses like yours with the expertise and insights needed to navigate the complexities of energy management successfully. By engaging with our knowledgeable advisors, you can unlock valuable cost-saving opportunities, optimize your energy contracts, and develop robust contingency plans. Let us be your trusted partner in protecting your business interests, making informed decisions, and achieving long-term energy efficiency and financial sustainability.

Contact Fidelity Group Energy today to schedule your comprehensive evaluation and discover how we can transform your energy management strategy.

Conclusion

Geopolitical tensions may introduce uncertainty into the energy landscape, potentially impacting energy pricing and business operations. While the likelihood of such events occurring remains small, it is crucial for businesses to remain proactive and resilient. Regularly reviewing energy contracts, seeking expert advice, and staying informed about market trends will help you navigate these challenges successfully. By taking these steps, you can ensure energy stability for your business, mitigate risks, and position yourself for a secure future.

Remember, preparation is key. Stay informed, stay proactive, and safeguard the energy interests of your business.

The future remains unclear, but together we can build resilience.

Energy Bill Relief Scheme for Business Customers

The government is to limit the wholesale costs for gas and electricity used for business energy customers.

The Energy Bill Relief Scheme will cap the wholesale costs that energy suppliers can incorporate into business rates but will not determine the final rate paid by business customers.

Providing government support for households is relatively straightforward because there is an existing retail price cap. The details of the business scheme were delayed because of challenges in devising it and the complexity of corporate tariffs. However, this move also allows for competition to remain in the market.

Get the best energy prices that are currently available. Contact us today to compare tariffs.

What does this mean for business energy rates?

  • Energy suppliers will be allowed to incorporate a capped wholesale price of 21.1p/kWh for electricity and 7.5p/kWh for gas.
  • Only applies to all energy contracts signed with suppliers since 1st April
  • It will apply to energy usage from 1 October 2022 to 31 March 2023
  • After the six months, ministers will focus support on the “vulnerable” but are yet to define which industries

For comparison, wholesale costs for this winter are currently expected at around 60p/kWh for electricity and 18p/kWh for gas.

Wholesale charges are only part of what makes up the final costs on an energy bill. The capped wholesale prices will not be the final rates that businesses pay, so your kWh rate will not be 21.1p and 7.5p, respectively.

The charts below are dependent on what price is agreed in the contract, but wholesale (commodity) costs are around 78% of your cost on gas and 72% on electric.


What if you are out of contract now?

If you are out of contract, then the government has advised you to set up a contract now and you will automatically have the appropriate reductions to your energy price for the duration of the scheme applied.

With the scheme, those on out-of-contract rates will only receive a per-unit discount on energy costs, up to a maximum of the difference between the Supported Price and the average expected wholesale price over the period of the Scheme. This maximum discount is likely to be around 40.5p/kWh for electricity and 11.5p/kWh for gas, subject to wholesale market developments.

What if you’re about to sign a new fixed-price contract?

You should still sign a fixed-term contract now, as the relevant price reduction will be automatically applied to your bill by your supplier. If you are sitting on the out of contract rates you will still get support from the scheme but will likely be paying more than if you are in a contract.

What if you are up for renewal after the scheme?

Business energy rates are not forecast to see much relief in price until summer 2025. If you are up for renewal after the scheme ends, then you should get in touch, and we can assess the market and recommend the best time for forward-purchase your next energy contract.

What if you signed before 1st April?

If you signed before the 1st of April, you would have missed the cut-off and not be eligible for the support scheme.  This is because you would not have been exposed to the recent wholesale price rises, so you will not be eligible for support under the scheme.

Will I have to apply for the discount?

No, the suppliers will automatically apply the discount from November onwards. You will not need to do anything or contact your supplier to have this applied if you are eligible.

Example:

This is an illustrative example based on recent averages of forwarding wholesale prices and may differ from those experienced in practice; other examples can be found on the government website via the link below.

A pub uses 4 MWh of electricity and 16 MWh of gas monthly. They signed a fixed contract in August 2022, giving them a current monthly energy bill of about £7,000. When they signed their contract, wholesale prices for the next six months were expected to be higher than the government-supported price of £211/MWh for electricity, and £75/MWh for gas, meaning they can receive support under this scheme.

The difference between expected wholesale prices when they signed their contract and the government-supported price is worth £380/MWh for electricity and £100/MWh for gas, meaning they receive a discount of £3,100 per month, reducing their bill by over 40%.

If you would like more information, then please do not hesitate to reach out. If you would like to read the full policy paper, visit the government website here.

Get the best energy prices that are currently available. Contact us today to compare tariffs.

 

BREAKING NEWS: Energy bills capped to protect from soaring prices

A typical household will pay no more than £2,500 annually for its gas and electricity bills from the start of October, Prime Minister Liz Truss has announced.

In the first major policy announcement of her premiership, Ms Truss said the new price guarantee will last for two years and save the average household in England, Wales and Scotland £1,000 a year on future bills.

The policy, which Downing Street believes will curb inflation by up to five percentage points and will be enacted through emergency legislation, builds on the £400 payment to households set out by former chancellor Rishi Sunak earlier this year.

A six-month scheme for businesses, schools and hospitals will provide equivalent support over the winter.

Further targeted support for specific industries like hospitality is set to follow after that, with a review in three months to decide which sectors should benefit.

There is currently no cap on energy costs for businesses and a specific figure on support has not been given due to differences in how the wholesale energy market operates compared to the retail market.

Fidelity works for you to get your business energy costs reduced, while you focus on your business. Find out more. 

The price guarantee will not affect those on fixed contracts for their energy, but ministers are confident discounts will be offered to those customers in due course after talks with suppliers.

Content and article sources from Sky News. Read more here.

4 Contact centre features to cut down your lost calls

Missing customer calls is never a good thing. It means losing business opportunities, losing customer loyalty, and losing out on valuable interactions with your customers. Lost calls are serious business.  

Yet, many businesses see it as an inevitability. After all, during peak time it can be difficult to get to all your customers, and many of them will hang up before talking to an agent – it’s just one of those things you can’t change, right? Well, not quite.    

While there will always be a few lost calls here and there, there are also ways to minimise that number and ensure your business gets to your customers when they need it most.  

In this blog, we explore four tools that can help you cut down the number of lost calls in your contact centre solution – say goodbye to lost calls and hello to satisfied customers.  

Knowledge is power: Queue announcements

Do you know what’s better than on-hold music? No, the answer isn’t “anything” – although that’s also true. The answer is “useful information”.    

No one likes to keep on hold without any idea of how much longer they’ll have to wait. As a matter of fact, 60% of customers complained that long holds and wait times are the most frustrating part of the service experience.    

And who can blame them? We’ve all been there – you call a business, you wait on hold for ages and then you hang up just seconds before getting through to an agent. Wasting time, losing patience, and having to look for a solution elsewhere – often a competitor of that same brand you were trying to get in touch with.    

An easy way to solve this is by giving your customers a little more information about their wait time. Ever been to a store, found what you wanted to buy but decided to leave it because the queue was too long? Or vice versa, you popped in to get something quickly because you could see the queue would’ve only taken a couple of minutes?   

Queue announcements give your customers that same power by letting them know either what position they hold in the queue, or how long it will take to get through to an agent. It’s then up to them to decide whether they can wait or whether they should call back at another time – either way, you set the right expectation and provide a more personalised experience to your customers.   

Most of the time, having a clear idea of how long it’s left to wait or how many people are left in front of them will be enough to keep them on the phone long enough to reach an agent – significantly reducing the number of lost calls.    

Read more about our contact solution

But what if the queue is REALLY long?  

I know what you’re thinking – wouldn’t an announcement be counterproductive if the queue is really long?    

That’s certainly a possibility, but many contact centre solutions will have other features, such as call overflow or intelligent routing, to ensure your queues are never longer than they need to be. Poor management of call load is one of the main causes of missed calls in a contact centre, which is where our next few features come in…  

Goodbye on-hold music: Callbacks  

You’ve set up queue announcements and you’ve told your customer they have to wait five minutes before getting through to an agent – but their colleague is calling on the other line and the cat needs feeding. Five minutes is way too long to wait on hold.   

The easy solution to this conundrum is to offer your customers a callback. A callback is not simply the process of giving them a callback whenever your agent finds the time. It’s a clever feature to ensure your customers don’t lose their place in the queue, while also allowing them to hang up the phone and get on with their lives.    

Think of callbacks as the flashy buzzer you get at some restaurants: you ask for a table, they put you on a list and tell you the buzzer will flash once they reach your turn. You take the buzzer, hang outside the restaurant checking your emails and even reply to a few. The buzzer then starts flashing, you go back to the restaurant and the table is ready. Not only you didn’t have to wait, standing at the door and staring at all those people enjoying their meals, but you also managed to get a few things done in the meantime.    

With callbacks, your customers don’t have to suffer through on-hold music or get a sore ear waiting to get through. You can set up an automatic message giving them the option to receive a callback, and if they choose to, they can hang up and simply receive a call as soon as one of your agents reaches their spot in the queue.  

Read more about our contact solution

No more waiting around: Call slots 

Callbacks are great but can get tricky if it’s peak time and your agents are really busy. Realistically, it might take them hours to get through that long queue and call back customers.    

As a business, you probably know whether your Mondays are busier than your Tuesdays – which is why you should definitely start using a call slot feature.    

We’ve already discussed the importance of respecting customers’ time, and we’ve all suffered through the pain of waiting for a call for hours and hours, only to receive it at the worst possible time.    

Call slots allow you to give your customers the option to get a call at a specific time and day, so they don’t have to wait around for your call. Plus, you have the luxury of calling them back at a quieter time – taking away some of the stress and pressure on your agents and fostering a better call management culture.   

Sure, it’s not the best approach for urgent calls, but it’s a great way to deal with any query that can wait a few hours or days.  

Data, data and more data

We’ve mentioned that as a business you already know which days are busiest – or do you?   

A lack of data and poor call management is the key cause of lost calls. If you don’t know what calls are lost, at what time and day, and from what numbers, it can be very hard to do something about them.    

As a customer service manager, it’s fundamental to understand what’s going wrong (or right) and act on that data to implement the right tools and features.  

Callbacks and call slots are only valuable if you know when and how to use them – do you know the average length of your queue and how long it takes to get through five people rather than eight? Do you know whether your agent availability is better in the morning or afternoon? If you can’t answer those questions, your lost calls are bound to skyrocket.    

Wallboard is the one tool you need to have in your contact centre and that will truly make a difference in the way you manage customer calls. 

Automate it 

Said that – we know patience is scarce these days, and there will be instances when customers won’t even wait to listen to that well-crafted queue announcement or callback message.     

This is where automatic callbacks come in. A modern cloud-based contact centre can give you the option to automatically call back anyone that had put the phone down before speaking to an agent or even chose one of the options given to them.   

With call data at hand, managers can even check at the end of the day how many and what lost call customers didn’t manage to speak to an agent that day so that this can be rectified as soon as possible.  

Conclusion

Respecting your customers’ time and solving their issues as soon as possible is key to delivering a good customer experience. Lost calls can mean poor customer satisfaction and a loss in revenue.    

While there will always be some calls that go unanswered, there are plenty of tools and contact centre features that can help you reduce this number to a minimum. Another tip to reduce your queue length and manage calls better is to offer omnichannel services 

However, the first step towards that is giving your managers the visibility necessary to implement those tools appropriately based on your contact centre’s unique requirements.   

Learn more about how a modern cloud-based contact centre solution can help you minimise lost calls and deliver better customer experiences today. 

Interested? Fill in the quick contact form below and we’ll call you back.

hello@fidelity-group.co.uk | 0800 840 6800

Source: https://www.gamma.co.uk/

How your phone system can help you meet your customer experience objectives

A 2020 study concluded that callers to SMEs spend 20% of call time on hold, which means you’ve got time to engage callers in your products and services, and make their experience of getting an answer to their question as easy as possible. But how can you use your phone system as a tool to improve CX?

Make it easy for callers to get the answers they need

Fidelity Studio’s professional prompt recordings create truly useful IVR menus that help callers quickly reach the right person to resolve their query. What’s more, informative and sincerely empathetic in-queue messages help direct callers to other communication channels that may be better suited to their reason for calling, which helps to reduce caller frustration, and take the pressure off when you’re receiving more calls than normal.

Prompts can also be used to keep callers informed of known disruptions to service. Here’s an example:

Your local travel agent has 10 employees. Several flights have been cancelled to destinations in Spain and Greece and they are therefore receiving an influx of calls. This is creating a long wait time for people who are calling for more info on their cancelled flights, callers wanting to make new reservations, or check on bookings that are unrelated to the cancelled flights.

Fidelity Studio enables you to quickly and easily write and set live a text-to-speech message, that lets the affected customers know you are aware of the flight cancellations and that they will be contacted by a member of your team shortly. These callers can then end their calls, satisfied that their enquiry is in hand, instead of growing more frustrated as wait times grow. Plus, queue length is drastically reduced for all other callers.

So it’s easy to see how these tools can lead to direct increases in CSAT/NPS scores.

Relevant, up to date marketing

Once a caller is waiting in queue, they are a captive audience for promotions and marketing messages. Playing marketing messages to waiting callers keeps them updated with all your promotions, and helps them engage with the products and services your offer. Harnessing this opportunity to engage and delight customers has led some businesses to increase sales, with 93% of customers saying they would be likely to make an additional purchase with companies who offer excellent experiences.1

Showing callers your brand

It’s estimated that consistent brand presentation increases revenue by an average of 23%,2 and Fidelity Studio makes it easy to extend your brand across your phone system using bespoke recordings. What’s more – our bank of 300+ professional voice artists makes it easy to sound local, wherever you operate, with one small monthly cost included in your telephony bill.

Why not talk to us about how Fidelity Studio’s can help you meet your customer experience objectives?

Interested? Fill in the quick contact form below and we’ll call you back.

hello@fidelity-group.co.uk | 0800 840 6800

1 Source: Help Scout’s 2022 article – ‘111 Customer Service Statistics and Facts You Shouldn’t Ignore’ https://www.helpscout.com/75-customer-service-facts-quotes-statistics/

2 Source: Oberlo – ‘10 Branding Statistics You Need to Know’ https://www.oberlo.co.uk/blog/branding-statistics

Businesses are NOT Protected by Energy Price Caps

Unlike your household energy, if you let your business fall on out of contract rates you will be paying a significant premium. We have seen some business customers unknowingly pay between 200-500% extra then if they were on fixed term contract rates instead.

Wholesale gas prices have surpassed UK records this year due to the energy crisis and the conflict in Ukraine.

Suppliers can amend their out of contract rates for businesses when they wish and have been increasing their deemed rates each month in order to afford the elevated wholesale prices of gas and power.

What does this mean for your business?

Wholesale gas has peaked at over six-times the pre-2021 record and market analysts say there is no sign of downward pressure on prices for the next few years.

Energy markets are also heavily dependent on how the conflict between Ukraine and Russia develops further.

We can support and guide you through these unprecedented times, to help you make the best, most informed decision for your business.

hello@fidelity-group.co.uk | 0800 840 6800

 

5 Energy ‘Need to Knows’ in the UK

Wholesale gas peaked this year at over six-times the record reached in 2021 at the start of the energy crisis. Market analysts say there is no sign of downward pressure on prices for the next few years.We can support and guide you through these unprecedented times, to help you make the best, most informed decision for your business to try and mitigate the risks of the volatile energy market.

Contact us today to see how we can support your business: 0800 840 6800 | hello@fidelity-group.co.uk

1. There is no energy price cap for businesses

The Ofgem price cap only applies for domestic rates, so businesses approaching the end of their tariff or who are out of contract will be paying significantly more for their energy than they were previously.

2. It is not just gas…

40% of the electricity used in the UK is generated from gas, so the high wholesale gas prices has also impacted the cost of electricity contracts.

3. Check your contract end dates

If you are out of contract, yours ends in the next 6 to 18 months or are in a longer term one, speak to us now so we can advise you on the next steps as there will be different options depending on your end dates.

4. Do not accept your initial renewal offer

Your renewal offer is unlikely to be the best price available, and 9 times out of 10 a cheaper tariff is available. We can help you compare the market to get the best rate.

5. Monitor the market

At the moment prices are changing all the time. We can compare the whole market to help you get the best deal now and help move you to a lower cost tariff when prices begin to fall

By working with a wide range of suppliers we ensure that we have access to the best market pricing available. Prices can
vary by 28% between the highest and the lowest quote for each customer. If you only check the price of one supplier, vary by 28% between the highest and the lowest quote for each customer. If you only check the price of one supplier, it’s
rare that their prices will be the lowest on offer. We take away the pain of trawling the market looking for the best deal.

EV Charge Points | Workplace Charging Scheme

About the scheme

The Workplace Charging Scheme (WCS) is a voucher-based scheme that provides eligible applicants with support towards the upfront costs of the purchase and installation of electric vehicle (EV) chargepoints. It is available in England, Wales, Scotland and Northern Ireland, but not in the Channel Islands or Isle of Man.

The scheme is run by the Office for Zero Emission Vehicles (OZEV) and administered by the Driver and Vehicle Licensing Agency (DVLA).

This guidance is aimed at applicants. Guidance for installers and manufacturers is also available.

How the scheme works

The WCS is open to businesses, charities and public sector organisations that meet the applicant and site eligibility criteria.

The grant covers up to 75% of the total costs of the purchase and installation of EV chargepoints (inclusive of VAT), capped at a maximum of:

  • £350 per socket
  • 40 sockets across all sites per applicant – for instance, if you would like to install them in 40 sites, you will have 1 socket available per site

After applying using the online application form, successful applicants are issued with a unique identification voucher code by email, which can then be given to any OZEV-authorised WCS installer.

Fidelity will take care of everything for you.

Once the chargepoint(s) have been installed, the authorised installer can claim the grant from OZEV on the applicant’s behalf. The chargepoint installation must be completed and the voucher claimed within 6 months of the voucher’s issue date. Claims against expired vouchers will not be paid.

Installers must not charge applicants for the grant in advance of payment being made by OZEV. After OZEV reimburses your installer for the value of your voucher, this cost will be discounted from your final invoice.

Let Fidelity procure and manage the process for you.

If you apply for less than 40 sockets, you can submit additional applications in the future until you reach that limit. Special rules apply for linked enterprises.

For more information about WCS please visit: www.gov.uk/guidance/workplace-charging-scheme-guidance-for-applicants#contents

Testimonials

What our customers have to say.

George

I used to be a customer of one of the major UK networks. Billing or tech queries took  a hours of waiting. Each time I contact Fidelity Group they get back to me promptly with the answer. The service is impeccable.

AA Lighting Group.

Our preferred provider, Fidelity Group, came to our rescue. Other companies pretend to be the best but Cristian was not just a step ahead – he was miles ahead!! Thank you, Cristian, Thank you Fidelity Group!

Emma

We have been a customer of Fidelity for a number of years now and the service is always impeccable….SIM cards are sent out next day, which is extremely helpful for our fast-paced business. I would highly recommend working with Fidelity Group.

George Serbanescu

My old supplier took hours of me waiting on hold and I was never able to get a clear answer. Each time I contact Fidelity Group they get back to me promptly with the answer regardless if this is about billing, a technical issue, roaming. The service from Fidelity is impeccable.

Gwen S

We moved to Fidelity 2yrs ago. Moving to Fidelity was extremely simple and the saving was significant. The service received from you is amazing. You always deal with everything in the a professional manner responding to all queries in no time.

Julia Connely

I have had difficulties using Horizon on my mobile and Carl has helped me to get the new hub connected with a lot of patience. Found out that my broadband provider had to give permission for connection as it wasn’t their hub I was using anymore. He has been very calm throughout.

Mac McGlone

I spoke with Carl after my system was down. He guided me through the problems and kept me informed. The follow up was excellent until the problem was resolved.

Richard Davies

We recently changed from a standard broadband line to a leased line with Fidelity. It was installed within two months of signing (and that included the Christmas/New Year break), so much quicker than we expected. And it is far superior to our old line. A very efficient service.

Matthew Finn

Been a hosted telephony customer of Fidelity now for almost a year and be delighted with the service. The tech support is first class as you get a dedicated adviser to handle your case all the way through, which I love! I would definitely recommend.

Neeta Patel

Marco has helped a great deal on the problem and has helped to improve the services after discussion, some of which I did not realise were available. He kept in touch until we were fully happy.

Mike Hawkes

Great company, helpful and always available when required.

Kevin Dowling

Fidelity is an excellent telecoms provider. The levels of support we receive pre and post-sales are second to none.

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