Energy & Utilities Insights

Insights

Actionable insights for the sector's most pressing topics

Challenges like rising debt, sustainability targets, and regulatory reforms are driving suppliers to fundamentally rethink how they operate. At the same time, these shifts present opportunities to differentiate, drive innovation, and enhance customer service. As organisations attempt to balance financial performance with compliance and customer satisfaction, staying ahead of competitors is crucial.

Leveraging the deep expertise of our industry specialists, we help energy and utilities providers to tackle these challenges, and capitalise on opportunities shaping the future of the sector.

INSIGHTS

Energy & Utilities

Energy Strategy and Commercial

Dynamic Tariff Strategy: Five commercial considerations for energy retailers

A new wave of innovation is sweeping the domestic energy market. As we explored in our previous blog, suppliers are introducing a range of new tariffs designed for EVs, heat pumps, time-of-use patterns and more. Whilst this innovation creates exciting opportunities, it also introduces complexity, and with complexity, comes commercial risk.

Energy Strategy and Commercial

Bringing Clarity to Dynamic Tariffs: A framework for energy retailers

Dynamic tariffs present new opportunities for the energy market, but they also bring a growing challenge. How can suppliers offer smarter, more flexible products - without overwhelming customers, confusing internal teams, or diluting commercial performance?

Energy Strategy and Commercial

March saw 320k customer switches, with discounts available before April Price Cap

320k domestic customers switched energy supplier in March, seeking savings ahead of the April 2025 Price Cap. This marks a rebound to 70% of pre-crisis switching levels (which averaged 475k per month), as the Price Cap was set to rise, and customers were able to lock in fixed deals £250 below the upcoming cap.

Energy Transition Policy and Regulation Energy

Heat Network Regulation: Action plan for future market leaders

In part two of our Heat Network Regulation article, we turn to the important question of what those in the sector should be doing right now to prepare. This is both an opportunity and a risk for heat network suppliers. Those who can get it right will stand to win from the coming growth in the market. Those who get it wrong will find themselves exposed, and eventually, risk exiting the market.

Energy Water Transformation

Video: Achieve 5-10x ROI with Leadership Excellence

In our latest video, Kev Brown and the team explore how immersive coaching has transformed service culture for our clients, delivering 5-10x ROI. We also explore what our Leadership Excellence programme involves day-to-day, with hands-on coaching from experienced operational leaders, and psychometric testing in our Diagnostic and Design phases.

Energy Water Customer Service Transformation

The Leadership Advantage: How psychometrics drive differentiation for utility providers

Utility providers have real opportunities to differentiate through stronger, human-led service - with operational leadership a key lever. As we explore in this article, psychometric tools can be used to enhance day-to-day leadership, frontline performance, and customer outcomes.

Energy Water Transformation

Reclaiming Lost Efficiency: How Utilities can revitalise back office automation

Many suppliers have seen early automation gains fade, but significant opportunities remain. We've explored why automation value drops over time, and how suppliers can reclaim lost efficiency to future-proof operations.

Energy Water Customer Service Transformation

Using customer insights to drive loyalty, efficiency, and growth in Utilities

With many suppliers running similar systems, CX is becoming a key battleground in Utilities. This article explores how turning feedback into action can improve service, reduce costs, and build loyalty.

Energy Transition Policy and Regulation Energy

Heat Network Regulation: The compliance countdown that will define future players

In January 2026, the UK heat network sector faces a huge transformation. As Ofgem takes regulatory control, suppliers face a stark choice: adapt quickly to thrive in a growing market or risk business failure under unprecedented scrutiny. With less than nine months to prepare, the clock is ticking - and many suppliers remain dangerously unprepared.

Energy Transition Energy

Domestic heat pump installs have trebled since 2022

Our analysis shows Air Source Heat Pump (ASHP) installations have seen a 3x increase in monthly installs since 2022. After a significant peak and drop when the Renewable Heat Incentive (RHI) scheme closed in 2022, demand has recovered strongly and continued to grow.

Energy Transition Energy

Solar installs are up ~400% since the SEG Scheme began

At 15k installs per month, demand for domestic solar has grown by ~418% since 2020 - an annual growth rate of ~60%.​ The biggest incentive for installing solar panels is currently due to avoided import costs; but attractive SEG export tariffs now offered by suppliers increase the overall economic benefit to consumers.​

Energy Transformation Strategy and Commercial

SMEs hold the key to significant margin growth for energy suppliers

SMEs make up 99.9% of UK businesses and account for a significant share of energy consumption - yet they remain one of the most underserved customer segments. As margins tighten and the Net Zero transition gathers pace, SMEs represent a major commercial and strategic opportunity for suppliers ready to act. So how can you engage them - at the right time, with the right offer?

Energy & Utilities

Meet the Team

Ian Barker

Managing Partner

Ian shapes the BFY vision and inspires our team to bring it to life, while remaining central to complex client engagements in Strategy, Commercial, and Operations.

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Rachel Littlewood

Director

Rachel leads our operational and financial turnaround engagements, helping to solve complex operational challenges while maximising commercial performance and customer outcomes.

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Tom Bromwich

Director

Tom leads client engagements with a particular focus on commercial strategy, pricing, customer acquisition and retention.

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Kelly Payne

Director

Kelly helps clients achieve operational excellence to improve customer outcomes, employee engagement, and optimising cost to serve.

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Kevin Scott

Director

Kevin leads client engagements with a laser focus on empowering clients to navigate large-scale events and market challenges.

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Energy & Utilities

Our Impact

Strategy
Project Lead: Tom Bromwich

Strategic analysis identifies ~£103m in opportunities for energy retailer

We delivered strategic analysis for a large energy retailer, identifying up to ~£103m in incremental revenue opportunities, through a comprehensive Market Scan Analysis and Sales Channel Maturity Assessment.

Debt
Project Lead: Rachel Littlewood

Cash recovery initiatives deliver ~£275m benefit for large Energy supplier

Our debt team supported a large Energy supplier with recovering their cash position, achieving a total benefit of ~£275m through collaborative initiatives.

Debt
Project Lead: Kev Brown

£4.5m in Bad Debt benefits for large energy retailer

We helped a large energy retailer to generate immediate in-year debt benefits through tactical interventions. Our programme delivered ~£4.5m in Bad Debt benefit and ~£8.5m in cash collection, all while maintaining customer and productivity measures within the operation.

Ian Barker Full Size Headshot
Complaints
Project Lead: Ian Barker

Large energy supplier avoids ~£7.5m in complaints costs

We supported a large energy supplier with a transformation programme, looking at how they can manage their complaints inflow and address the growing backlog. The programme transformed their complaints capability and resulted in ~£7.5m in cost avoidance.

Jonathan Paton, Senior Manager at BFY Group.
Debt
Project Lead: Jonathan Paton

Collections improvements deliver ~£5m cash for Water retailer

We supported a B2B Water retailer with a series of collections improvements, achieving a cash uplift of ~£5m in five months.

Debt
Project Lead: Jon Vincent

Tactical debt improvements deliver ~£7m cash for large Energy retailer

A large Energy retailer was facing significant challenges with customer debt, requiring improvements to their collections processes to mitigate this. Their total debt was ~£100m at the time of engaging BFY, with communication gaps present across the customer debt journey.

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