The UK government has today (23 February) announced long-term measures aiming to help households save on their monthly energy bills. These measures include examining how standard energy deals should work to pass on the cheapest electricity costs, as well as £10 million in funding for companies to test new technologies and tariffs with their customers
Ofgem has today (23 February) confirmed the 1 April to 30 June 2024 Default Energy Price Cap will be set at £1,690 for the average dual fuel household paying by direct debit, the lowest cap in two years. Wholesale cost saw the biggest decrease of the energyq price cap cost stack, decreasing by £265 (12%)
Terry Pratchett's famous economic theory tells us a lot about the urgent need for a net zero transition where the costs and benefits are fairly distributed right across the income scale In his 1993 novel Men at Arms, the late, great comic writer Terry Pratchett deployed one of his characters to present what was
Salary sacrifice specialist Tusker has analysed data from its fleet of more than 30,000 electric vehicles (EVs) to understand if there is any truth behind some of the commonly shared myths surrounding them. The Lloyds-owned business claims that misinformation is being spread widely on social media and even being published by national newspapers. One of the most
Battery Energy Storage Systems (BESS) are one of the pivotal components in powering Net Zero, one application of BESS is allowing the power generated from renewables such as wind and solar photovoltaic (PV) to be stored until it’s needed. This helps to minimise the amount of renewable energy generated in favourable conditions going to
We might never have the tech to tame a tempest, but we know about the hazards that trigger power outages and now we have the capability to manage them in granular detail, Taco Engelaar writes. Brace. That’s the blanket instruction we’re given each time a storm approaches. Brace for train disruption, brace for property damage,
Raigmore Hospital in Inverness has installed NHS Scotland’s first electric vehicle solar EV charging hub. The solar car park (SCP) said to be the “first of its kind to be operational in Scotland,” is dubbed Papilio3 and was installed by the EV chargepoint operator 3ti. It is made out of a recycled shipping container
The UK’s electric vehicle (EV) market has passed a new milestone by reaching over a million battery electric vehicles (BEV) on the roads, as researched by the Society of Motor Manufacturers and Traders (SMMT). In January, the EV market grew by 8.2%, 142,876 new cars were registered, recording a year-on-year (YoY) uplift of 10,882 units,
Home battery storage now costs 20% less for everyone in the UK – here’s why The UK slashed value-added tax (VAT) to zero for folks installing battery storage in their homes from February 1, 2024. UK battery storage cost drops 20% This is a big deal because VAT is 20% in
Effective Feb. 1, the UK government has exempted retrofitted battery energy storage systems (BESS) from the 20% value added tax (VAT). Residential BESS are now exempt from VAT in the United Kingdom when installed either new or retroactively in conjunction with rooftop solar systems. Previously, VAT relief was only available for domestic BESS if installed together