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Industry insights

Make the right energy contract choice!

Amanda Byrne

26th January 2023

Energy contract renewal in 2023? 

Following an unprecedented period of uncertainty, energy prices are starting to fall. However, both electricity and gas prices are still THREE TIMES HIGHER than they were two years ago! (shown below).

Unfortunately, the uncertainty still remains. With reduced Governmental relief for business energy costs after April 2023 (Energy Bill Discount Scheme), we fear many companies will continue to struggle. Therefore, its imperative that you minimise your risk and exposure to uncompetitive markets when you renew your contracts this year.

Electricity price 3 Times Since April 21

DON’T WORRY. THERE IS A SOLUTION!

We are one of a small number of consultants in the UK with access to an energy purchasing solution that is usually only available to large consumers of electricity and gas. This is our Flexible Energy Basket product.

In a nutshell, this type of purchasing allows you to take advantage of a falling market, rather than fixing in at a high price for a longer term. We launched this product during Summer ‘22 at the height of the energy crisis. Many of our new business clients have benefited financially from it, some seeing energy rates 50% below the Government Energy Bill Relief Scheme!

MAKE AN INFORMED DECISION

To find the best energy contract for your business, you need to have the time to understand the purchasing options that are available to you. DO NOT be forced into signing a contract, particularly a higher priced fixed contract, without having informed discussions with your energy consultant.

… CAN YOU HELP OTHERS AND YOURSELF?

Possibly many of your suppliers and clients will be faced with energy contract renewals this year. Many have waited to renew in the hope of a U-turn in energy prices. Some will leave it until the last minute and then feel pressured into an uncompetitive, longer term fixed contract.

We can help them and you. By helping your partners and clients secure a competitive energy contract will inherently help your business costs and partnerships.

GET IN TOUCH IF YOU WANT AN HONEST AND INFORMED WAY THROUGH THIS LANDSCAPE

With a positive reputation of honesty, experience and knowledge and strong, long-standing supplier relations, you can rest assured that we will help you make the right decisions for your business.

Read more on flexible energy purchasing here 

Give us a call today to discuss your options or organise a quick chat here.

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