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Friday Energy Update 26/5/23

Alan Ford

26/5/2023

Business Efficiency

There was a significant drop in Norwegian import due to planned maintenance recently which only caused minor fluctuations which is a good sign heading into summer
Contract due in this winter period?

We would recommend, in this scenario, not to leave securing new rates close to your renewal date. This is because there could be further volatility over the colder months due to import pressures vs demand affecting Europe and the UK. We can secure rates in advance of contract sending.

If you would like to join our market tracking service where we help to identity an optimal point to secure new rates for your individual circumstances please contact the Business Efficiency Team, it’s free and could save you thousands.

Don’t forgot

There is still support to help manage energy costs in care homes from the government.

Get in touch

We are currently saving our clients, on average, over 60% on their utility bills. Please feel free to contact our Business Efficiency Team, on 01273 424904. So, we can provide you with recommendations around reducing your energy costs.

Information provided on energy prices is subject to constant change and is influenced by numerous factors, such as supply and demand, market conditions, geopolitical events, and weather patterns. As such, any information or analysis provided on energy prices is intended for general informational purposes only and should not be relied upon as a sole source of information or as a substitute for professional advice.

While we strive to provide accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or reliability of the information provided. Any reliance on such information is at your own risk, and we shall not be held responsible for any loss or damage resulting from the use of such information.

Additionally, please be aware that energy prices can fluctuate rapidly and can be affected by unforeseen events. Therefore, any information provided on energy prices may be subject to change without notice.

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