Cheaper Electricity, Gas for businesses from Utility Consultants and Energy Consultants based in Norfolk, UK

More Energy Savings with Cheaper Electricity Supply for Businesses

USC electricity brokers monitor the wholesale price market on a daily basis to ensure we give the best advice on cheaper electricity supply to commercial clients in an independent and impartial way. Our staff are trained to provide the best service possible to obtain the best electricity prices, facilitate the process and maximise energy savings for your business.

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We are totally dependent on electricity for our modern life and business activity. The energy industry is very volatile and is led by oil and gas prices which are subject to trading around the world responding to international events. In the UK more than 40% of electricity is generated by gas and nearly 18% by nuclear power. The current nuclear power stations are coming to the end of their viable lives resulting in a period of phased decommissioning. By 2020 only 6% of electricity will be produced by the current nuclear power plants. Whilst the government has made a decision to replace these, indicating they would like to see nuclear production increase to 30-35%, and also to increase the production of green energy, there is still a concern that the UK energy market will be dependent on external sources for some time to come.

This scenario is unlikely to guarantee future certainty for electricity prices. The wholesale price of electricity doubled from the beginning of 2003 to the end of 2005. It reduced considerably at the beginning of 2007 but has steadily increased since then peaking in 2008 followed by some reduction in 2009 and since then has been on an ever upward trajectory, with price rises predominately driven by the shift towards generation from renewable sources (Green Energy). Prices can vary every day by margins of 5% or more.

Electricity supply has a number of components which build up your charges as follows:-

Generation

Electricity is first made from fossil fuels, bio fuels, combined heat and power and harnessing natural resources.

Transmission

The National Grid Company operates the transmission system through a high voltage network running along the length of the country. The National Grid also co-ordinates the running of all the major power stations in England and Wales. Its primary function is to ensure that demand from customers can be met at the lowest cost whilst the transmission system remains within its technical limits.

Distribution

Electricity is taken off the high voltage system and distributed over low voltage networks to the consumer. There are fourteen distribution areas in England, Scotland and Wales but they are operated by a lesser number of network operators. The distribution companies are regulated through a price control mechanism by OFGEM (The Office of Gas and Electricity Markets)

Supply

The supply companies supply the end-users and are responsible for billing them appropriately for their electricity consumption.

For more information or to register a complaint contact OFGEM on www.ofgem.gov.uk