Rising energy costs so generate your own
Energyhelpline.com suggests factories coming out of 12-month contracts are facing up to 40% price increases, and those coming out of three year contracts can expect to pay more than double.
As all the large energy firms including Powergen, British Gas, Scottish Power and NPower announce regular price increases, organisations throughout the UK are trying desperately to cope. Energyhelpline.com suggests organisations coming out of 12-month contracts are facing up to 40% price increases, and those coming out of three year contracts can be expected to pay more than double the rates they currently pay. For manufacturers and food processors, energy is the second highest overhead after staff, so it is understandable these ongoing rises are hitting home hard.
It seems the spiraling gas and electricity prices are never ending, with Powergen implementing five price rises on gas customers, and four on electricity customers since 2004 alone.
Britain's energy users including manufacturers, builders, data centres and web hosting firms, are failing to receive price protection suggests Energywatch.
Even the European Commission is investigating why wholesale energy prices in the UK have risen so sharply.
One of the major factors appears to be that many of the big energy suppliers are based in mainland Europe (of which many are national monopolies), and they have been holding back supplies, leading to increased energy prices.
The UK has become increasingly reliant upon imported gas, and this is why all organisations will continue to face increasing uncertainty and price increases.
Why not then be pro-active and address the situation at your organisation before you become an energy casualty.
We all need to formulate a long-term strategy for our power requirements.
Some organisations are taking responsibility for their future success, and are deciding to generate their own source of power with diesel or petrol generators.
Generator Associates are the power supply specialists the professionals call when they need independent and expert advice on how to solve their power supply needs.
Various industrial and commercial organisations are looking to Generator Associates to help advise, supply, hire, lease and maintain generator solutions which provide their primary power.
This way they are reliant on no one, and can take security from the knowledge that they are in control of their energy costs.
Organisations that refuse to be dictated to by energy companies, can work with Generator Associates to devise a strategy that is cost-effective and puts the ball back in businesses court.
They will be protected from the volatility and sharp price rises that those who fail to act will be effected by.
Not only do you control costs, but also depending on which finance method chosen, organisations can keep the asset at the end of the agreement.
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