For the sake of the planet and our children’s future, it is clear that we all have a responsibility to understand and use energy more efficiently.
Helping you achieve a competitive advantage
- For the sake of the planet and our children’s future, it is clear that we all have a responsibility to understand and use energy more efficiently.
- Energy efficiency is about reducing waste. Using less energy lowers your bills and reduces your environmental impact and carbon footprint.
- Renewable energy sources are developing rapidly with solar and wind generation thriving, despite some setbacks.
- The prices that we pay are affected by the wholesale price of energy, which is the cost to companies in respect of the gas or electricity they sell on to the end user.
- Aiming to protect against volatility in the international markets and secure enough energy to feed our ever-expanding needs, energy companies buy a proportion of their supplies ahead of time.
- Purchasing ahead like this is called hedging. International events fluctuate unexpectedly, with a big impact on energy prices.
- Companies buy wholesale energy weeks, months or years in advance and even the day of use.
- Electricity is traded on different platforms depending on the date of delivery. Most of the trading for longer-term delivery is done via brokers: intermediaries who match buyers and sellers.
- When choosing the right package and supplier for your business energy it can be frustrating and complicated trying to navigate the modern fluid energy market.
- The good news is that changes are underway to simplify the market and regulators are working hard to drive good practice.
- Many businesses dedicate resources and time to research and source their own supply, many others prefer to employ a reputable energy broker to help them achieve a competitive advantage.