ONE SIZE DOESN'T FIT ALL
Understanding your business and requirements helps us pick the right strategy for you
Businesses are facing their tenth successive year of rising energy costs. Finding ways to mitigate increasing costs and reducing utility bills is a key focus for many businesses.
This is an increasingly difficult task: the increases have been fuelled largely by the cost of supporting more low carbon generation and upgrading infrastructure to accommodate a changing energy system. This means there’s now pressure on both sides of the bill, with increases in both wholesale (commodity) and non-commodity costs (taxes, levies and system charges).
Non-commodity costs are also rising – in fact, they now make up around 60% of business bills. Support for renewable and low carbon technology has increased: the Contracts for Difference (CfD) levy. The Renewable Obligation (RO) levy and the Feed in Tariff all rose at rates well above inflation in the last 12 months. With the Capacity Market levy set to more than double this year (once reinstated), and the Climate Change Levy (CCL) also increasing significantly since the end of the Carbon Reduction Commitment (CRC) in April 2019, organisations of all sizes are likely to have felt the impact of these increasing charges.
Numbers Speak For Themselves
Utility Health Check
Our innovative and forward thinking Utility Health Check ensures our customers are paying for what they should be.
With an intelligent and educated view of the forward energy market, we stay one step ahead, mitigate purchasing risks and deliver budget certainty.
We also check tariff details, invoicing inconsistencies and deliver budget certainty through representing the forward energy market with clear, transparent and fully inclusive cost comparisons of the energy market.
The optimum procurement strategy will be different for every business, as it will depend on an organisation’s unique requirements. For some, focusing purely on unit rate will be the best option to drive down costs, while others may be looking to boost their sustainability credentials by securing renewable supplies.
UtilityWorks are proud to adopt an integrated approach, reducing your business cost and consumption.
We are disrupting the energy industry with our integrated approach...
With non-commodity costs now making up over half of business energy bills, businesses may prioritise energy management over perfecting their procurement strategy – but an integrated approach creates the opportunity to optimise both avenues to drive savings.