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CNG have announced that they have ceased trading. Pozitive Energy Ltd has taken over as Supplier of Last Resort to CNG Limited

Energy4 is here to help for your business Electricity, and Gas needs

Energy4 provides very competitive prices, and has recently moved Clients to better suppliers.

Call us on 01256643634 – South Office & 01642888814 – North Office to get a energy quote. Guaranteed good quotes to all our business customers, saving you money

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Location: 25 Hartley Meadow, Whitchurch, Hampshire, RG28 7BW

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CNG have announced that they have ceased trading. Pozitive Energy Ltd has taken over as Electricity Supplier of Last Resort to CNG Electricity Limited

Direction to appoint Pozitive Energy Ltd as Electricity Supplier of Last Resort to CNG Electricity Limited

LAST RESORT SUPPLY DIRECTIONLAST RESORT SUPPLY DIRECTION

Direction made by the Gas and Electricity Markets Authority under standard condition 8 of the electricity supply licence granted or treated as granted under section 6(1)(d) of the Electricity Act 1989 to POZITIVE ENERGY LTD.

To: POZITIVE ENERGY LTD (Company Number: 09523048)

Whereas:

  1. The Gas And Electricity Markets Authority (the “Authority”) has the principal objective under section 3A(1) of the Electricity Act 1989 (the “Act”) to protect the interests of consumers in relation to electricity conveyed by distribution systems or transmission systems.
  2. The Authority’s general duties include the duty under section 3A(2)(a) of the Act to have regard to the need to secure that all reasonable demands for electricity are met.
  3. Circumstances have arisen which entitle the Authority to revoke the electricity supply licence of CNG Electricity Limited (company registration number 09263237).

D. POZITIVE ENERGY LTD (the “Licensee”) is the holder of an electricity supply licence (the “Licence“) granted or treated as granted under section 6(1)(d) of the Act.

  1. The Authority has the power under paragraph 1 of standard condition 8 (the “Condition”) of the Licence to direct the Licensee to supply electricity to the customers of another electricity supplier.

F. The Authority considers that the Licensee could comply with a last resort supply direction in respect of customers of CNG Electricity Limited without significantly prejudicing its ability to continue to supply its existing customers and to fulfil its contractual obligations for the supply of electricity.

G. The Authority considers it is appropriate to exercise its power under the Condition in order to protect the interests of consumers and will, in due course, separately issue and publish a notice setting out its reasons for this decision in accordance with section 49A(1)(C) of the Act.

Therefore:

Pursuant to the Condition of the Licence, the Authority hereby directs the Licensee to supply electricity to all legal and natural persons which were being supplied by CNG Electricity Limited in its capacity as a licensed electricity supplier at the time and date which immediately precedes the time and date this direction takes effect (“Relevant Persons”), and otherwise in accordance with the terms of this direction, the terms of the Condition and any information or instructions which may be provided by the Authority for the purposes of identifying Relevant Persons.

This direction shall take effect on and from 00:01 hours on 7th November 2021 and shall continue in force for a period of six months on and from the date on which this direction takes effect.

Signed

Neil Lawrence

Authorised on behalf of the Authority

5 November 2021

 

Direction to appoint Pozitive Energy Ltd as Electricity Supplier of Last Resort to CNG Electricity Limited

Switch quote for business utility online made easy with Energy4

 Switch quote for your business involves many areas, including Credit Checks.
First switch quote will involve the following;
 

Provide the following information to Energy4

  • Provide your business address
  • The current name of your Supplier
  • Annual Consumption (kW)
  • Business registration (Private Limited, Sole-trader, PLC)
 

Complete Letter Of Authority (LOA)

Energy4 will provide a Letter Of Authority (LOA) for the business owner to complete, and return. Please complete and return to Energy4.
As mandated by Ofgem, due to the commercial, energy consumption, financial, and business implications involved, aN LOA is required.
 
 

Contract End Date (CED)

Switch utility contracts or renewing contracts requires the contract-end-date. Located on your business utility bill, your signed agreement, or from your utility provider when switch energy Supplier
 
 

Termination notice period

Switch utility contracts or renewing contracts is possible with an application made before the Termination notice period. Changing energy supplier or renewed contracts when the termination notice period has been missed will result in a site being moved onto out-of-contract rates for the period specified below. Switch business sites to another energy supplier, or renewed.

Contract Energy4 for further information

  • HAVEN – 120 DAYS
  • GAZPROM – 30 DAYS
  • TOTAL – 90 DAYS
  • CNG – 90 DAYS
  • SCOTTISH POWER – 30 DAYS
  • NPOWER – 60 DAYS
  • CORONA ENERGY – 60 DAYS
  • CROWN – 30 DAYS
  • SSE – 30 DAYS
  • EDF – 30 DAYS
  • DONG ENERGY – 30 DAYS
  • BG – 90 DAYS
  • EON – 90 DAYS
  • HUDSON – NO TERMINATION NEEDED
  • OPUS – 90 DAYS
  • DUAL ENERGY – 28 DAYS
  • YGP – 90 DAYS

Switch quote from Energy4

Energy4 will provide a switch quote for your utilities from the entire market, showing the best-priced utility down to the most expensive available.
Energy quote from Energy4 compares Suppliers, tariffs, from the lowest priced, customer satisfaction scores, to green energy tariffs, fixed deals, and exit fee requirements.
 
 

Switch energy supplier or renew present supplier

Once the business owner has decided to switch the present Supplier or renew energy supplier, business credit reviewed as each Supplier has requirements. The contract confirmed with payment details provided.  Paying by Direct Debit can usually save money. 

Energy4 will then forward to the business owner a copy of the energy contract to be completed. Energy contract completed, and a copy returned to Energy4.

Contract Energy4 for further information

Energy contract submitted

Completed energy contract is submitted to the selected utility provider.
Business owner retains the original energy contract.
Prices locked in, and contract processed.
 

Contract Energy4 for further information

Energy contract processed

The energy Supplier will notify Energy4 of the processing of the energy contract.

Contract Energy4 for further information

Previous energy supplier can reject the transfer

Previous energy supplier can reject the transfer by;
– Objection to the Letter of Authority
– Business owner is already in a contract and is not free to leave when the new energy Supplier is applying to take the supply
– Business owner has debts or unpaid bills on their account before the new energy Supplier applies to take the supply
– The new energy supplier is applying for the incorrect transfer date
– Business owner is applying for a Change-of-tenancy (COT), and the new energy Supplier is attempting to take the supply before the COT is logged.
 

New energy supplier can reject the contract

New energy supplier can reject the contract by;

– Objection to the Letter of Authority
– Business owner is already in a contract and is not free to leave when the incoming Supplier is applying to take the supply
– Business owner has debts or unpaid bills on their account before the new energy Supplier applies to take the supply
– The new energy Supplier is applying for the incorrect transfer date
– Business owner is applying for a Change-of-tenancy (COT), and the new energy Supplier is attempting to take the supply before the COT is logged 

Confirm switch of energy supplier

The Supplier will notify both the business owner and Energy4 of the switch, and activation of the new contract.
 
 
 

Provide the following information to Energy4

Contract End Date (CED) 
 
 

Termination notice period

Termination by the Telegraph
Ofgem explains Termination

 

Energy quote from Energy4

Telegraph explains
Which Magazine advice
Citizen Advice Bureau discusses

Energy contract submitted
 
 

Confirm switch of energy supplier or renew present supplier

 
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