Energy Management

Commercial energy prices are at a two year low, but what does the future hold?

One indicator is the strike price agreed by the government for the Hinckley C power station due to come on line in 2023. That price at £ 92.5 £/MWh is well over twice today’s rate.

What would a doubling of energy costs over the next eight years mean to your business?

Even if we can second guess the future raw material element in energy bills, those bills are increasingly made up of taxation in various forms much like the fuel we buy for our vehicles. The cost in meeting international commitments on greenhouse gases by encouraging green generation as well as essential updates to the distribution networks mean that those extras will almost certainly continue the trend to grow as a percentage of our overall bill.

The only remaining lever that a consumer can apply is to reduce consumption. Whilst cost control is the obvious goal there is an increasing moral and marketing imperative on companies to reduce their carbon footprint.

Initiatives can be driven by compliance such as those imposed by ESOS or simply by good practice.

One might begin by understanding existing consumption patterns and that can easily be achieved with smart metering solutions. Quick gains can be made with changes to lighting and of course some form of micro generation to reduce reliance on the grid or natural gas supplies. The links below will take you to pages on our site which explore these matters in more detail.

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