|
|
|
SaveOnYourBills.co.uk Business Today Helping your business save money
MAY 2008
Welcome to SaveOnYourBills.co.uk, Business Today, the first choice in tips and guides to help your business save money.
This months feature is all about Energy. Welcome to SaveOnYourBills.co.uk, Business Today, the first choice in tips and guides to help your business save money.
This months feature is all about Energy.
How to Save On Business Energy Bills
Energy bills can be a major cost for some business or just another bill to pay for others. Which ever applies to your business, energy prices are on the rise again.
Some simple tips to help you save money on your business energy bills * Do not accept your renewal offer from your current supplier. 99% of the time we can find you a cheaper deal * Make sure you give notice in plenty of time otherwise you may get rolled over in to a contract on higher rates. * Look at longer term contracts than one year so you are locked in to good prices now.
Let SaveOnYourBills.co.uk save you time and money as we compare the market for you.
To see what you can save on your bills please visit our web site by clicking here Or call us direct on 0845 123 5278
To understand more why energy prises are rising please read on.
Energy Prices are Rising Again for UK Business By Richard George, Director Energy Services
With talk every day in the news and media about the recession starting and the credit crunch hitting, the main focus is on the consumer, but what about UK businesses, how will they be affected?
One of the main areas Uk businesses are starting to be affected already is in the rising costs of the energy. This is the third year running when business have seen increases in their business gas and electricity bills.
If you have a contract coming up for renewal in the next 3 to 6 months then be prepared for an increase. We have seen customers coming out of 1 and 2 year contracts being hit with offer prices well over 50% what they used to be paying.
The forward forecast for the energy markets is that prices will keep rising for at least the next three years. In short the rises are down to a number of global factors effecting the UK. These factors include, the high cost of oil as the energy market follows the oil market closely. The UK has a shortage of gas and is reliant on top ups from Europe and wider a field with LPG gas. As global and European gas prices are higher on the trading markets for gas than in the UK, we have to pay more to get the gas to top up our supply.
The electricity we generate is produced from three main sources, coal, gas and nuclear powered power stations. 40% of the electricity is generated from gas fired power stations so as gas is expensive so is the cost to produce electricity. Finally the cost of coal has gone up as countries like China who used to export now import to help their booming economies and production.
end.
|