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.
If you and your business want certainty when it comes to your energy bills, then a fixed energy contract could be for you.
The energy market can be a volatile place and sudden price increases are commonplace. However, by choosing a fixed energy contract; you are guaranteed price stability by locking in the price for the duration of your energy deal.
This means that you know your pence per kWh price is fixed for the duration of the contract period. This ensures your business is not impacted if there is an increase in energy prices due to a market rise.
Typically fixed contracts last up to three years, but many utility providers now offer deals up to five years. Our expert pricing team will find you the best energy deal for your business.
From an initial contractual procurement exercise over both the half hourly electricity and gas supplies Utility Team have supported Rascal with seven instances of renewal spanning over the last decade.