There are so many conflicting headlines about energy prices and many of them are
pretty scary. Some of them are confusing because they don’t apply to the business electricity market. They are relevant only to the domestic market which can be considerably protected from some of the daily volatility due to the way in which suppliers buy ahead for their domestic customers.
Business electricity users can find the market landscape a daunting place to be particularly when renewing your business electricity contract. The wholesale price of electricity is one of the most volatile indices in the UK and, as is the case for gas, is influenced by a number of factors. Whilst the UK is reliant on sources of gas outside the UK, the price you pay for your business electricity will largely depend on what’s happening to gas prices. And until alternative solutions such as nuclear fuel generation and other non fossil sources of energy this will remain the case. So volatility is set to stay for the foreseeable future.
This means the tender process has become a bit of a minefield for buyers of business electricity, particularly when buying for small to medium size businesses where you may not be watching the market that often as it just isn’t your top priority. This is where PH Energy Services can help you.
We have access to up to the minute electricity price information and the analysis of the dynamics influencing the market at the time. We can help you find the best and most competitive tariff to suit your business. We are in constant touch with the major players in the market and their views on where they think the market is heading.
Call Freephone 0800 0436771 now for a quotation or impartial advise on your electricity renewal offer.
