Business Electricity Price Review - Quarter Two 2015

Business energy users are opting for more short term contracts in response to the current price drops, and hoping that the trends will be similar when their contracts are up for renewal in the same quarter of 2016. However, Energy Advice Line recommends that you take these cheaper prices and lock them in to a fixed term contract of a longer length and avoid the risk of prices going up next year.

According to Julian Morgan, managing director of the price comparison, switching and advice service for energy consumers, longer-term contracts continue to be a more viable option than ever for firms as protection against price fluctuation in a volatile market.

What Happened at the Weekend

This weekend saw a lot of focus on the energy news happening on our doorsteps - lots of focus on renewables and also focusing a lot on British Gas. Energy pricing is also a story that is affecting countries worldwide - with Brazil being the latest to show signs of suffering.




Saturday, 18th July

• UK Gov defending high energy prices in Highlands
• British Gas falls short on promised £35 savings  
• Energy team burns the calories to raise money for Fylde cancer charity 

Sunday, 19th July

• Green energy subsidies facing the axe 
• Sustainable energy £400,000 prize pot
• Since Brazil Relaxed Energy Prices, Electric Power Companies Suffering 

Don't forget that if you have any questions regarding your energy supply, or energy in general then feel free to get in touch:

• Visit energyadviceline.org.uk and see how much you could save
•  Find us on Twitter, Facebook and Google+ 
• Call us on 0800 915 1800 (Mon - Fri, 9am - 5:30pm)

Seek Help When Relocating Your Business

The Energy Advice Line has urged small businesses that need to move premises to get in touch after a survey showed 20% of firms put off relocating because they cannot face changing service providers.

Julian Morgan, managing director of the price comparison, switching and advice service for energy users said it was unfortunate that so many business owners were staying in potentially inappropriate premises because dealing with suppliers was so hard.

“Small business owners should get in touch with us because we can sort out their business energy needs, leaving them free to get on with moving and ensuring their firms make a smooth transition to new premises,” Mr Morgan said.

What Happened at the Weekend?

Most of the energy news this weekend came from all over the globe, so find out below what's been going on.




Saturday, 11th July

• Estuary Energy submits plan for huge offshore wind turbines off Grain visible from Sheerness and Queenborough 
• Digging into the lobbying efforts of natural gas partner Noble Energy 
• Energy superpower Iran discovers oil shales 

Sunday, 12th July

• Thursday, Denmark produced 140% of its energy needs from wind 
• Russia says to support Greece recovery by deepening energy cooperation
• Mexico’s Big Energy Breakthrough 

Don't forget that if you have any questions regarding your energy supply, or energy in general then feel free to get in touch:

• Visit energyadviceline.org.uk and see how much you could save
•  Find us on Twitter, Facebook and Google+ 
• Call us on 0800 915 1800 (Mon - Fri, 9am - 5:30pm)

Consider Service As Well As Price

Business energy users and households should consider customer service as well as price when choosing a supplier, according to the Energy Advice Line.

The call follows a newspaper survey that showed a huge disparity between suppliers when it came to total spending on customer service.

“Instances of very poor customer service and bungling by energy suppliers still abound and this comparison of spending sheds interesting light on possible reasons why,” Mr Morgan said.

What Happened at the Weekend?

Energy news was more of the same this weekend, focusing on green energy from around the nation. It definitely pays to start looknig at how you can improve the energy efficiency in your own homes and businesses - the savings that you can make may start off small but they'll certainly add up in the long run.

Don't Let Hot Weather Delay Switching

Business energy consumers have been warned not to put off or overlook renewing their energy contracts as the hot summer weather sets in.

Julian Morgan, managing director of the Energy Advice Line, the price comparison, switching and advice service, says any delay in dealing with expired energy tariffs could see many small and medium sized firms paying much more than necessary for their supplies.

Mr Morgan said many energy deals expired in the middle of summer when many people put off finding a new deal due to the warmer weather when electricity and gas consumption was at its lowest.