Gas Price Hike
Gas prices have risen to a 12 month high after Centrica, who own British Gas, have closed the storage facility that provides the UK with 70% of our gas storage. Firstly, they imposed restrictions on storage levels and now they are closing the facility entirely until April 2017 to ‘test for additional issues’.
In the meantime we pay the price: a much higher one than any of us anticipated.
Energy efficiency has never been more lucrative to UK industry than now: the future of our energy security is in jeopardy following the Brexit vote as we are used to relying on the International Energy Market and this price hike will continue to inconvenience us during the high demand period of winter.
Clean technology and behaviour changes are two ways to remain resourceful. An energy management system is a computerised unit that operates industrial heating for the optimum amount of time to reach your desired temperature and therefore avoids any wastage. While you can’t control the external problem, you can monitor your energy usage and a self-learning programme enables you to reduce your fuel spend by at least 25%.
Additionally, businesses are being urged to act more sustainably because environmentally beneficial behaviour is becoming the only way to ensure your business remains profitable in the move towards a low carbon economy. Economists’ claim our twentieth century habits are a financial burden that can be eradicated by investing in measures such as energy management.
Gas prices may remain unstable but reducing your fuel consumption will prove to be remunerative when the energy bill arrives.