Monthly Archives: November 2010

G4S Utility Services has signed a three year contract to deliver end-to-end smart gas and electricity metering services

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Kim Challis, Managing Director of G4S Utility Services says since British
Gas was already their largest customer, “We already deliver a wide variety
of services to British Gas Business. This contract will make us a major
meter operations service provider in the UK market at a key time.”

British Gas Business Managing Director, Kanat Emiroglu, adds, “G4S Utility
Services have delivered excellent service since they commenced delivering
Smart electricity meter installations earlier this year. The awarding of
this contract demonstrates the strength of our partnership with them.” G4S Secure Solutions is the largest security solutions company in the UK and
Ireland, serving more than 6,000 customers, including 59 FTSE 100 companies.
In addition, G4S serves a majority of UK Government departments. For more
information please visit www.g4s.com/uk.
http://www.smartmeters.com/the-news/1419-g4s-lands-smart-meter-deal-.html

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UK Wholesale Spot Gas Prices Reach 2010 High

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Spot UK wholesale gas prices on
Monday reached the highest level of 2010 as the key Day ahead contract
traded at 57.25 pence per therm. This is the highest level since February
2009.

UK wholesale prices have been increasing in the past week because of a rapid
rise in demand for gas triggered by falling temperatures. Demand for gas
from local distribution zones, which includes residential heating, has more
than doubled since the start of the month.

Monday’s total demand was almost 26% higher than the normal level for this
time of year. It was the highest demand for any day in November on record.

The Day-ahead price has increased by almost 29% since the start of November.

Demand stood at 432 million cubic metres on Monday morning. The normal level
for this time of year is 344 million cubic metres. In November 2009, daily
demand averaged 299 million cubic metres/ day.

Demand reached an all-time high earlier this year on 8 January at 465
million cubic metres.

http://www.prnewswire.com/news-releases/uk-wholesale-spot-gas-prices-reach-2
010-high-110969509.html

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Beware Electricity meter Scam

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Luton has been revealed as one of the UK’s hotspots for a scam in which
criminals offer cut-price energy to those with pre-payment meters.

A new report using data from leading energy suppliers, including British Gas
and EDF Energy, says 1,500 households in Luton have fallen victim to a scam
where they have bought pre-payment energy that doesn’t exist.

Energy UK says the con is being carried out by organised criminal gangs, and
are urging customers only to buy their electricity meter top-ups from the
Post Office or official PayPoint or Payzone retailers.

A spokesman for Energy UK said: “The scam is of particular concern because
to obtain the fake top-ups people must let the criminals into their homes to
access their electricity meters.

“Reports of threatening behaviour from the perpetrators of the fraud have
been received by some energy
companies who are urging people to steer clear of those involved. Police
have also made arrests in connection with this activity.”

http://www.lutontoday.co.uk/news/beware_energy_meter_scam_1_1682810

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Bglobal shares surge after Ladbrokes deal

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Shares in Bglobal galloped ahead after the firm announced a deal with
Ladbrokes to install 950 smart
meters in its betting shops across the UK.

Bglobal, which is based in Darwen, Lancashire, said it would also provide
Ladbrokes with meter reading, data collection and analysis services.

The shares gained nearly seven per cent to 39p after the announcement,
valuing Bglobal at £38.6m.

http://menmedia.co.uk/manchestereveningnews/news/business/s/1375671_bglobal_
shares_surge_after_ladbrokes_deal

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£2k refund is the perfect Christmas gift

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A Pub has received an apology and a £2,000 refund on its bill after a
clerical “oversight” by a water company. The Mason’s Arms in Wadborough, near Pershore, will collect a water

rebate on a Severn Trent Water bill after an error was made
in calculating the amount of surface water running from the property into
the firm’s drains. Severn Trent accepted it had made an error but would only refund the last
six months’ overpayment. But following a call from your Worcester News it is now repaying the amount
back-dated to when the query was first raised in 2008. It comes as the
company announced half-year pre-tax profits from April to Sept-ember (2010)
of £272 million on turnover of £702 million. However, it has also said its customers have the lowest water bills
nationally (falling by four per cent by 2015) and is investing £2.2 billion
in its network over the same period. The pub is run by Rita and Barry Knight, who took over the lease in January
2008, and initially queried their £729 annual surface water charge, which
excluded mains water charges. However, Mrs Knight said she didn’t actually pursue Severn Trent until
October this year when the firm then admitted its mistake. http://www.worcesternews.co.uk/news/local/8684935.__2k_refund_is_the_perfect
_Christmas_gift/

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Telecom Plus PLC – Half Yearly Report 2010

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Half-Year Results for the Six Months ended 30 September 2010 – Telecom Plus
PLC (trading as the Utility Warehouse), which supplies a wide range of
utility services (gas, electricity,
fixed line telephony, mobile telephony and broadband internet) to both
residential and business customers, announces half-year results for the six
months ended 30 September 2010.

http://www.investegate.co.uk/article.aspx?id=201011230700096240W

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Gas key to UK energy security

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“Gas is going to continue to play a vital role in keeping the lights on,”
said energy minister Charles Hendry at the launch of a major new study into
gas. Business Gas currently
provides 50 per cent of the UK’s primary energy and, as the cleanest fossil
fuel, must remain central to the energy mix if the UK is to honour its 2020
commitment to reduce greenhouse gas emissions by 34 per cent on 1990 levels.

However, meeting the UK’s energy security and climate change targets will be
hugely challenging. North
Sea gas reserves are in decline after four decades of
production, and in 2004 the UK turned from being a net gas exporter to a net
gas importer. It is likely to become increasingly reliant on gas imports in
coming years, possibly importing 80 per cent of gas usage by 2020. Although
the world has plentiful gas – enough for over 60 years of current demand,
according to BP statistics – global demand is also rising, perhaps by 44 per
cent by 2035, according to the International Energy Agency. This means the
UK must do more to safeguard and diversify its gas supplies.

http://www.investorschronicle.co.uk/Companies/ByEvent/Risk/Analysis/article/
20101124/47d44528-f711-11df-81b8-00144f2af8e8/Gas-key-to-UK-energy-security.
jsp

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