Entries by IWD Admin

‘Big Six’ energy giants cling to £400m left in dormant accounts

Ofgem orders ‘Big Six’ suppliers to give money back to customers with dormant accounts, but energy giants cling on to £400m from overpaid bills.  http://www.thisismoney.co.uk/money/bills/article-2681751/Energy-giants-cling-400m-overpaid-bills.html This article caught our attention this week, as it highlights something we come across far too often here at MDG Group. When switching energy provider there is sometimes a credit […]

MDG Group saves customer more than £20,000 on their water bill

We are delighted to have successfully negotiated more than £20,000 worth of savings for one of our customers this week, by taking the lead in settling a dispute with their water supplier. An analysis of a recent bill uncovered historical overcharges, meaning they will benefit from these savings for years to come. On top of […]

‘Hidden fees’ add £100m to business energy bills

An end to businesses being ‘kept in the dark’ about hidden fees? With Ofgem currently reviewing the policy framework of the energy sector, one of the UK’s biggest energy buyers is calling for an end to businesses being ‘kept in the dark’ on up to £100m-worth of hidden fees. Utilyx, which buys 10.5% of business […]

Proud Partner of The Courier Business Awards 2014

We are delighted to announce that we are sponsoring the Growth Business of the Year category at The Courier Business Awards 2014. This event provides the perfect platform to recognise local businesses who have demonstrated outstanding achievements in their industry. None are more deserving of this recognition than the Growth Business of the Year category. […]

5 simple steps to help SMEs save on energy costs

The following article caught our attention this week as it highlights in a clear and concise way, the benefits of reviewing your business’s energy consumption. Following a recent survey carried out by one of the leading energy suppliers, statistics show that good energy management practice can result in cost savings of between 5 and 25% […]

Blocked from switching suppliers?

A major energy supplier has been ordered to pay £5.6 million in fines and compensation after Ofgem found the company wrongly blocked businesses from moving suppliers. Ofgem said that this company also failed to notify around 1,200 businesses that their contract was due to end. We see this situation all too often when customers approach […]

LED Lights Schemes

The following two articles highlight the benefits that can be seen by simply switching your halogen bulbs to LED lights. Energy efficiency is on the agenda for London Mayor Boris Johnson and Hull City Council, with each city opting to exchange the traditional orange sodium lamps for more reliable, longer life LED lamps. London’s road […]

Solar panels: Best thing since sliced bread

  Take a look at this interesting article, detailing how bakery giant Greggs has approached their energy management and made significant carbon and energy savings. The firm’s decision to install photovoltaic panels at 10 of their sites will result in reducing their carbon emissions by 25% by 2015. The move will boost the company’s sustainability […]

Common pitfalls to avoid

The Renewal Process The biggest obstacle facing businesses with regards to their energy portfolio is the renewal process. Each energy supplier will notify you of a Termination Date, whereby you can terminate your current contract in order to try and access lower prices from other suppliers. If you do not terminate your supply within this […]

Energy Brokers vs. Energy Consultants

In the current market climate, more and more businesses are using energy brokers or energy consultants as part of their energy purchasing strategy. The main reason for this is to reduce expenditure on utilities. But what is the difference between a broker and a consultant? Simply put, the differences come down to pricing structure and […]