We are currently looking at the cost of gas and electricity to see what impact renewing our energy contracts will have on our cost base for the next financial year.
As you may know prices currently look set to soar and prices look set to increase by over 50%
Energy QuoteTM suggest in their daily price briefing today that increasing oil prices are delaying expected seasonal downturns and that customers may need to lock into long-term contracts that are at record levels.
Newbusiness.co.uk indicate in their article http://www.newbusiness.co.uk/articles/utilities-advice/is-your-firm-fuel-poverty that for many small businesses energy bills are more than 10% of turnover. Unfortunately for Alpha-Rowen this is over 20% and looks like it will only increase further.