covid-19

  1. Home
  2. covid-19

Price cap predicted to rise by at least £66/year

Price cap predicted to rise by at least £66/year: The latest forecasts from Cornwall Insight indicates that the default tariff price cap will increase by approximately £66 from April 2021 to £1,108 per year for a typical dual fuel direct debit customer – from its current level of £1,042. Robert Buckley Head of Relationship Development…
Read More
SME energy prices

SME energy prices rise for the first time since 2018

SME energy prices rise for the first time since 2018: There has been a rise in the Small and Medium Enterprise (SME) gas and electricity prices, according to the latest SME Power and Gas markets reports, from Cornwall Insight. This is the first time SME prices have risen since Q418 following five consecutive quarters of…
Read More
TPIs revenues

TPIs revenues fall by 18% due to COVID-19

TPIs revenues fall by 18% due to COVID-19: Third-party Intermediaries (TPIs) have seen a decrease in growth in both the Small and Medium Enterprise (SME) and Industrial & Commercial (I&C) sectors, as a result of COVID-19 and general market uncertainty, according to Cornwall Insight’s Annual TPI report. This led to a target revenue pool for…
Read More

Cost of balancing Irish electricity reaches ten-month high

Cost of balancing Irish electricity reaches ten-month high: Research from Cornwall Insight highlights the cost of balancing the Irish electricity system has reached a ten-month high. The Imbalance Settlement Price (ISP) in the Single Electricity Market (SEM) has reached a ten-month high of €42.5/MWh throughout September.   The Balancing Market (BM) reflects the actions taken…
Read More
Menu