LATEST MARKET UPDATE: UK gas and power markets have traded lower across the curve so far this week, with a bearish outlook as Norwegian outages come to an end next month and fears of a second wave of Coronavirus has pushed prices within the wider commodities lower. Oil prices in particular continue to be pressured by the threat of a reduced demand that a second wave of Coronavirus could bring, with prices trading below $40/bbl for the first time since mid-June.
An industry shake-up in 2018 saw strict penalties introduced for companies exceeding the available capacity (kVA) on their half-hourly electricity meters. Depending on your distributor, you could pay up to four times your standard rate for exceeding limits.
Our role at Utility Team is to stop your business from being hit by these non-negotiable charges.
If we hold a valid letter of authority, we’ll check if you’ve gone over your agreed capacity over the last year and offer the necessary support. Don’t be caught out – get in touch as soon as possible if you need our help.