Are Energy Prices Set to Rise Again?
The energy market has been a hostage to recent upward price pressure and increased volatility over the past year, with both gas and power prices rising by over 30% annually.
Such rises have been largely driven by supply and demand together with stronger oil and carbon prices. Although some of these drivers look to be fading, and prices have softened slightly, we don’t necessarily expect prices to continue to lower over the course of this winter. This is particularly important to consider when setting your budgets. So with higher energy costs on the horizon, our advice is to take out or extend contracts now to protect against any further volatility.
Take to us about your energy requirements and we examine the entire market to find the best deal for you. Contact us to discuss your requirements.