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The reasons, they explained, are because wholesale energy costs only account for about two-thirds of bills and the additional costs that go into business electricity tariffs - eg transport and environmental measures Indians Eddie Robinson Jersey , have risen sharply - by as much as 44%. The consumer body that represents the commercial energy interests of small businesses, Consumer Focus, naturally disagrees and is fuelling public anger by claiming that energy suppliers do have scope to cut prices this year despite volatile wholesale markets and environmental costs. "There's a grim predictability about Britain's energy suppliers. In spite of increased margins and lower wholesale gas prices Indians Bob Feller Jersey , there is the inevitable talk of higher bills," says Robert Hammond, energy expert at Consumer Focus. If none of them reduce prices Indians Larry Doby Jersey , this will make a mockery of plans to single out the companies that refuse to adjust tariffs as they will all have to be named-and-shamed!
Basically if you are a business and waiting for your supplier to miraculously drop business electricity costs... then don't. Here are three common sense reasons why and some simple advice on how you can take the power back into your hands to keep a lid on your energy costs.
1. Firstly, most businesses are on fixed commercial electricity tariffs so anything you read in the press about price cuts won't really affect you as a business. It'll be a token gesture towards domestic customers and your commercial energy rate won't vary until it is up for renewal - on the one, two Indians Omar Vizquel Jersey , three or even five year anniversary since you entered the initial agreement.
2. Secondly if your renewal date is approaching (and most businesses are on one year contracts so dig out the paperwork now and find out when it is) the likelihood of seeing a reduction is, frankly, remote. Renewal prices are typically higher than new customer prices by up to seven pence per unit because the suppliers are relying on your inertia to stay with them and keep paying the bills. They even have convenient 'ro