What the current pandemic could mean for your utilities?

 

Many people are now hopefully making a move towards coming out of lockdown and going back to their businesses in order to start trading again. This could possibly mean that you are now consuming larger amounts of energy than you would perhaps have been using during lock-down. This would result in higher bills as your energy consumption would have vastly increased.

The lockdown resulted in energy prices for both gas and electricity plummeting hugely! This is because the demand for it decreased during the lockdown period of the pandemic and now as the demand for it is gradually increasing. This Is now resulting in higher tariffs. With this change your bill could end up being higher than you would have initially anticipated.

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If you are coming out of lockdown and getting back into your business, it could mean that your domestic energy could decrease and that your commercial energy may increase and as a result, it may be better to source out a great deal for your business. This could mean that your current rates may end up being cheaper.

If a supplier sees that you are not in a hurry to get yourself a better new deal after your current contract ends they may put you on an expensive tariff rate also known as the end of contract rates. This would be a much more expensive tariff rate than your usual rate as this is common when it comes to the end of your contract. So why not get in touch to see what rates you may be able to achieve.

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Sam MusprattComment