Business Electricity and Gas Overview
The growth of the world’s economy has caused demand to rise, keep rising, and has pushed our gas prices up seemingly half way toward the moon. In 2002 these prices rose exponentially, which only served to fuel the rising prices of electricity.
The price of electricity is largely influenced by wholesale gas prices- 40% of the UK’s electricity is generated by power stations. Rising oil prices have also pushed up our wholesale gas prices.
Half Hourly Electric Meters
With this meter you will be able to track any energy efficiency measures you might have implemented to reduce your business’s consumption.
In conjunction with having this meter, you will need to have a Meter Operator (MOP) Agreement, and a Data Collector (DC) – the first relates to the maintenance of your meter, and the second to the processing of your readings.
Prices of these meters differ, but they will often boast slightly cheaper rates due to the suppliers need to secure business custom.
Is a meter right for my business?
‘Business gas’ is a term used by the energy industry to help them describe the gas contracts they offer up to businesses, and to help them highlight the distinction between those contracts and the domestic ones.
Bespoke Contracts are Essential
Because businesses require tailored contracts, gas suppliers have to offer up flexible contracts.
The only detriment to requiring a bespoke contract is that a cheap deal may be either hard to source, or unfortunately, hard to even recognise.
Being savvy and understanding the market, the rising gas prices etc., would of course help you on your road to sourcing the correct deal for your business if there were enough hours in the day. But, sadly for the fine people of the business world, there aren’t. Not to worry though, this is why SwiftSwitch exist: to help make the switching process simple and quick, and to alleviate the time consuming, brain-aching burdens that come with it.