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LATEST MARKET UPDATE: Gas and Power prices are largely trading at parity with last week’s levels, despite some significant price swings at the front of the pricing curve. The bout of low pressure has seen reduced wind output, increasing demand for gas-fired power generation and stretching a European gas system which is struggling to attract global LNG. Winter prices have also been volatile with concerns over gas storage levels being partially offset by positive supply news surrounding the potential completion of the Nordstream 2 gas pipeline. Prices further out have been softer, as renewed coronavirus fears in the wake of the delta variant have weigh on global oil markets.

Five ways to reduce your energy consumption over the Christmas period

As we head into the festive period and your business shuts its doors for the Christmas holidays, it is important that you make sure that you are only paying for the energy you need . With energy prices at the highest they have been for a long time, reducing consumption is vital to saving you money. We have collated five ways your organisation can save money on their energy bills over Christmas. 

  • Switch off all non essential equipment: By switching off all your non essential equipment at the mains, you will be saving your organisation money. For example, just leaving your computer on sleep mode, it will consume between 3-10 watts per day, which may not seem like a considerable amount, but after all every watt of energy you waste will cost you money.

  • Keep your heating to a minimum: If your premises is left completely empty during the Christmas period, you will want to adjust your heating, so you are not wasting energy. We would advise you against turning your heating off completely, as if it gets particularly cold over the Christmas period, your pipes could freeze. If you have air conditioning that is used for comfort cooling, make sure that is turned off as you don’t want it working when no one is in.

  • Review your building management system settings: If you have any systems on timed settings, you should review them before you head off for the festive break. If they do have to remain on even when no one is going to be in the premises, try and reduce the time they are on for where possible. Think about all of your lighting requirements, for example you may not need all your exterior lights on whilst you are away, and turning these off can save on energy over the Christmas period.
  • Check your meter readings: By checking your meter readings on your last day in the office and when you return, you will be able to track your utilities consumption and determine how much energy and water you have used. This will help you identify any possible issues. For example if your water usage is high and no one has been in you may have a leak you were unaware of.

  • Make a list and check it twice: We would advise that the person who is locking up on the last day should have a checklist of all the things they need to review before leaving. That will make sure that everything opportunity to save energy is taken and also they know what needs to be return to pre Christmas settings when they get back in the New Year!

How can Utility Team help?
If your business wants to find more ways to save money over the Christmas holidays or all year round, our team of energy experts are waiting to support your business. From energy audits, to implementing energy efficiency projects, we will ensure you are getting the most out of your energy, cutting your carbon footprint and savings along the way.

Please get in touch on 02476 997901 or email us at enquiries@utilityteam.co.uk

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