Whether you're a client of ours or not ( and we'd very much like you to be! ) it would be worthwhile beginning to look at your 2018 electricity renewals sooner rather than later.
There are two main reasons for this:
1. The market is volatile, security of supply remains uncertain and this coupled with increased third party and non commodity costs on the horizon is pushing prices up.
2. I think this point is probably more important... For the vast majority of clients we're analysing costs for they're seeing double digit cost increases versus current supply contracts. This is increased for businesses coming out of 2 year deals as the costs versus 24+ months ago are considerable. Crucially our message for a manufacturer is the sooner you know about cost increases, the sooner you can budget for them and make plans accordingly. It wouldn't be wise to be unaware of pending increases and find out a month from renewal.
To talk to us about how these increases will impact you and to get a transparent and clear view of the market to help you make contract decisions for 2018 please get in touch [email protected] / 07501221728.