Due to a number of events in the energy market over the last 12 months, we are facing unseen levels of volatility and price increases for our customers.
If your business energy contract is due for renewal in the next 12 months, talk to us today to see how we can help you make the right decision.
How can we help?
Speak to us and arrange a no commitment or obligation Utility Health Check.
We know that each business is unique so, we take the time understand your exact requirements. Understanding the way your business works helps us integrate as your utilities partner, saving you time and reducing operating costs. It also allows us to work alongside your business seamlessly, with quality assurance and first in class customer service. Take back control of your utilities and book your consultation today.
Why are energy markets rising?
Businesses are facing their tenth successive year of rising energy costs. Finding ways to mitigate increasing costs and reducing utility bills is a key focus for many businesses.
This is an increasingly difficult task: the increases have been fuelled largely by macro-economic factors bouncing back from COVID and the Russian invasion of Ukraine. Other factors can also be associated with the cost of supporting low carbon generation and upgrading infrastructure to accommodate a changing energy system. This means there’s now pressure on both sides of the bill, with increases in both wholesale (commodity) and non-commodity costs (taxes, levies and system charges).
Higher gas prices also push up wholesale electricity prices, as over a third of the UK’s electricity is generated by burning natural gas.
Non-commodity costs are also rising – in fact, they now make up around 60% of business bills. Support for renewable and low carbon technology has increased: the Contracts for Difference (CfD) levy. The Renewable Obligation (RO) levy and the Feed in Tariff all rose at rates well above inflation in the last 12 months. With the Capacity Market levy set to more than double this year (once reinstated), and the Climate Change Levy (CCL) also increasing significantly since the end of the Carbon Reduction Commitment (CRC) in April 2019, organisations of all sizes are likely to have felt the impact of these increasing charges.
Reduce consumption and drive down costs by becoming more sustainable…
We can help you create your own energy eco system through on-site renewable generation. This can include technologies such as Solar PV, LED Lighting and EV Charging Systems. We drive down utility costs and ensure you benefit from reduced consumption. Making your business sustainable is our promise to you…
Don’t just take our work for it, take a look at what some of our customers have to say
“All of the team that I spoke with were incredibly helpful and worked with me to ensure that we got the very best deal. Overall, the cost of our utilities came down significantly, which of course we were happy with. I wouldn’t hesitate in recommending UtilityWorks to anyone looking to discuss their current Utilities Requirements“.
Benefit Cosmetics UK & Ireland
Tel: 0121 716 1269 // firstname.lastname@example.org // utilityworks.co.uk