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Winter bills to rise as the Price Cap falls – Here’s why
Ofgem have announced the Price Cap for Oct-Dec 23 at £1,923 in line with BFY Group projections. 🔔 For access to more market insights,...
Ian Barker
Aug 25, 20232 min read
Is your operation ready for increased customer switching?
While we are still well above ‘normal', energy wholesale prices have fallen significantly since the peak of the energy crisis. If it...
Jon Vincent
Aug 11, 20234 min read
Changes ahead for consumer standards – Reacting to Ofgem and FCA guidance
Ofgem has launched its Statutory Consultation on Consumer Standards, building on the findings from its Market Compliance Reviews, where...
Ashley McLeod
Aug 8, 20234 min read
BFY Group supports LDC and UniHomes on their partnership to drive continued growth
BFY Group, leading management consultants in UK Utilities, acted as the lead energy advisors throughout the process as LDC makes a...
Tom Bromwich
Jul 19, 20232 min read
Energy Bills Projected To Rise Despite EPG Extension
It's great news that Jeremy Hunt has extended EPG for a further 3 months at £2,500 - however the amounts customers pay is still projected...
Ian Barker
Mar 15, 20231 min read
Retaining and attracting customers in a changing Energy market
In recent weeks, wholesale energy prices have started to fall, and Ofgem have announced a reduction in the energy price cap. If wholesale...
Tom Bromwich
Mar 10, 20233 min read
Understanding the true costs to customers of the Energy Price Cap
To read the full Market Insight report, please click this link - BFY Energy Price Cap Analysis Market Insight Summary In our latest...
Ian Barker
Mar 1, 20231 min read
Government saves £0.26bn in December from reduced customer gas usage
Demand for gas amongst residential and small-business customers was almost 9% lower than expected in December.
Ian Barker
Jan 12, 20231 min read
Energy Bills Projected To Reach £500 by January 2023
Energy Bills Projected To Reach £500 by January 2023, with Annual Bills of £3,850
Ian Barker
Jul 29, 20223 min read
European Gas Storage Levels At Risk Of Dropping to ~5% of Capacity By Late March
European Gas Storage Levels At Risk Of Dropping to ~5% of Capacity By Late March
Ian Barker
Dec 1, 20211 min read
December Mark to Market equals 8 years of Price Cap profits
At peak, the Mark to Market for just December's hedge is worth more than 8 years of profits allowed under the Price Cap
Ian Barker
Nov 5, 20211 min read
European gas sites at less than 10% of required storage
European gas storage is 10%-12% (250TWh) below seasonal norms, with some sites at less than 10% of required storage levels
Ian Barker
Oct 25, 20211 min read
Potential £2billion impact on well run suppliers
Well run energy suppliers face a potential £2billion impact as customers roll onto the loss making Price Cap tariff
Ian Barker
Oct 22, 20212 min read
Challenges faced by energy suppliers are greater than the CMA claimed
“All they are actually doing – and I shall get into trouble for this – is metering and billing. They are not making the stuff,”. Words...
Ian Barker
Oct 14, 20212 min read
Price Cap predicted to be >£1,555
It's still very early to forecast, but our latest best view is that the April Price Cap will be in the region of £1,555 for a customer...
Ian Barker
Oct 7, 20211 min read
SoLR levy claims likely to exceed £1billion
Claims to the Supplier of Last Resort (SoLR) levy are likely to exceed £1billion this winter
Ian Barker
Sep 30, 20212 min read
Price cap is already loss making before it comes into force
Gas prices are making the Price Cap a loss making tariff I just wanted to share an extract of some analysis we've been working on. Gas...
Ian Barker
Sep 30, 20212 min read
Should the Price Cap be updated monthly?
What would happen if the OFGEM Price Cap was a monthly tracker? Recap from yesterday: The Price Cap is a loss making tariff at the Gross...
Ian Barker
Sep 9, 20212 min read
Knowledge is the key
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