Businesses in the UK in for an  energy price shock

Article posted

22nd Jan 2024

Read time

3-5 min read

Author

Mollie Pinnington

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The green revolution is upon us, and while renewable energy promises a cleaner future, it may come with a hidden cost for consumers: rising third-party energy charges. These charges, tucked away in your energy bill alongside the cost of the actual electricity, cover the infrastructure and programs supporting the transition to renewables.

While the long-term benefits are undeniable, navigating the short-term bumps can be confusing and, frankly, expensive. This is where an energy consultant can be your green guardian angel.

 

Understanding prices

Third-party charges often include costs like:

  • Grid upgrades: To handle the influx of intermittent renewable energy, our electrical grid needs a technological makeover.
  • Renewable energy incentives: Programs like feed-in tariffs encourage homeowners to install solar panels, but those costs ultimately get distributed among all consumers.
  • Balancing services: As the sun doesn't always shine and the wind doesn't always blow, we need backup systems to ensure a stable energy supply. These come at a price.

While these charges are essential for a successful green transition, they can significantly impact your energy bill. Estimates suggest an average increase of 20-30% in the coming years, a reality that will hit some consumers harder than others.

 

Why you need an energy consultant

In this complex landscape, an energy consultant acts as your personal sustainability sherpa. They can:

  • Decode your bill: understand  third-party charges and explain their impact on your specific situation.
  • Analyse your usage: Assess your energy consumption patterns and identify areas for potential savings.
  • Explore alternatives: Whether it's choosing a greener supplier, adopting energy-efficient solutions, or even exploring solar power, they can advise you on the best options for your budget and environmental goals.
  • Negotiate bills: Consultants with industry knowledge can often negotiate better deals with suppliers, saving you money.
  • Future-proof your energy strategy: Guide you through upcoming changes in regulations and tariffs, ensuring you're prepared for the evolving energy landscape.

 

Investing in your businesses future

An energy consultant might seem like an added expense, but consider it an investment in your future. In today's rapidly changing energy landscape, having someone guide you through the maze of options and costs can save you money in the long run.

More importantly, they can help you make informed choices that not only benefit your wallet but also contribute to a cleaner, greener future for everyone.

Remember, the green transition is a collective effort. While rising third-party charges may be part of the equation, with the right guidance, we can navigate these changes together and ensure a more sustainable future for ourselves and generations to come. And that's where a good energy consultant can make all the difference.

So, take control of your energy future. Talk to an energy consultant today and find out how you can navigate the green transition – both for your wallet and the planet.

If you're looking to save money on your energy bills then why not get in touch today? The relationships Resolve Energy has developed with over 24 of the UK’s biggest business energy suppliers allows our energy experts to source the best business energy rates available for your company right when you need them. Request a free quote today and start saving money on your energy.

Looking to pay less on your energy bills?

Get a free quote today