OFGEM published today their Research Report in Micro and Small Business
Engagement in Energy Markets with some interesting findings:
On average, businesses spend approximately £4,000 on electricity per annum (including VAT). This increases to approximately £10,000 for businesses with between 10 and 49 employees.
On average, businesses with mains gas spend approximately £2,700 on gas per annum (including VAT). This increases to approximately £5,100 for businesses with between 10 and 49 employees.
For 35% Electricity amount to more than 10% of their overall cost and for 25% Gas was more than 10% of their overall cost.
42% have extended/rolled over their previous contract with the current supplier.
Only 48% recall receiving a contract renewal letter in the last 12 months
Only 62% were aware of when they can give notice of termination to their supplier.
These and other figures clearly show the importance to contact a trusted and experienced energy broker to ensure you are not paying over the odds!
Contact Alpine Utilities Ltd today with your energy details.