Tag Archives: Business savings

Ten Interesting Renewable Energy Facts

Green energy is increasingly a popular choice these days and economical around the world. Here at Fidelity Energy, we’re working hard to promote renewable energy. We know it could solve so many of our worries like climate change on a global scale, air pollution in our towns and cities, and acidity in our oceans.

Let us embrace new renewable technology and take a look at ten facts that reveal what the future could hold for all of us…

1. Renewable energy sources, like wind and solar power, now generate almost a third of the UK’s electricity.

2. The main forms of renewable energy are: solar, wind, hydro, biofuel and geothermal and these sources are all continually replenished.

3. Just 1 wind turbine (25% output) can generate enough electricity to power over 1,000 (average UK homes).

4. Amazingly, as of 2017, China builds 2 wind turbines every hour!

5. Renewable energy creates 5 times more jobs than fossil fuels.

6. Solar power may account for the world’s main source of power by 2050…

7. And Europe and North Africa could run on 100% renewable energy by 2050.

8. Around 71% of the planet is made up from water, so it makes sense that this is currently the most commonly used renewable source. Providing the energy for over 28 million people.

9. In 2016, Portugal made history by running on renewable energy alone for 107 hours.

10. Megabucks: the renewable energy industry is growing fast. By next year, the global market is expected to be worth £600 billion!

Hopefully, these facts have provided some insight into the incredible world of renewable energy and the endless possibilities that are all around us. Read our How Do I Reduce Carbon and Business Energy Costs? blog to find out how to cut your carbon footprint and save on your business energy bills.

Resources: OVO Energy, Cleantechnica, Wind Watch.

Evolve Housing Support

Evolve Housing & Support had a portfolio of over 60 gas and electricity supplies, across 10 different suppliers and 7 contract end dates – Some sites on OOC rates and a mixture of NHH and HH meters. The portfolio was not being managed proactively, bills were not verified and Evolve struggled to keep track of all the contracts resulting in many falling onto contract out of contract rates, some on deemed rates and they were still paying for sites they had disposed of.
We carried out a full audit report of the estate, contacted all suppliers and collated the portfolio information. Using our portal to automate the production of the 51 NHH quotes and tendered 17 HH meters with 14 suppliers.  On a face to face basis, we then explained to Evolve the options, offered a structured Co-Terminus common contract end date agreements, consolidated billing across 2 suppliers, one for gas and one electricity.
Moreover, by proactively monitoring the markets and suggesting the right time to buy Evolve have now extended the contracts and locked in pricing avoiding the recent market highs. We carry out all move adds and changes and recently helped them consolidate with Grenfell Housing Association.
They said:

Alison McGibbon

Corporate Services Manager 

Fidelity Energy was excellent to work with.  Kelly, in particular, dealt with all our queries and concerns in a very efficient and knowledgeable manner.   She was able to source, very quickly, all the detailed reference information required, ensuring the transition went very smoothly.  All resulting in considerable savings and with vastly simplified account information.