Friday Energy Update 23/06/23

Further volatility has continued due to on-going Norwegian plant maintenance, low LNG, low wind generation and a bullish Carbon Market. Electricity Rates are around 26 to 30 p/kwh and Gas 5.5 to7.5 p/kwh depending on the standing charge at the moment.

With Oil cuts looming in July serious consideration should be made to fix in new rates now if your contract is due for renewal before March, 2024.

Some Quality Care clients are choosing to lock in one fuel now and leaving the other one for us to track over summer to hedge their bets that way.

Get in touch

We are currently saving our clients, up to 60% on their utility bills. Please feel free to contact our Business Efficiency Team, on 01273 424904. So, we can provide you with recommendations around reducing your energy costs.

‍_{Information provided on energy prices is subject to constant change and is influenced by numerous factors, such as supply and demand, market conditions, geopolitical events, and weather patterns. As such, any information or analysis provided on energy prices is intended for general informational purposes only and should not be relied upon as a sole source of information or as a substitute for professional advice.}

‍_{While we strive to provide accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or reliability of the information provided. Any reliance on such information is at your own risk, and we shall not be held responsible for any loss or damage resulting from the use of such information.}

‍_{Additionally, please be aware that energy prices can fluctuate rapidly and can be affected by unforeseen events. Therefore, any information provided on energy prices may be subject to change without notice.}