How to beat rising energy prices in 2012

1st March 2012

Energy analysts from Chamber Utilitiesâ„¢ are advising Chamber members to be proactive and start planning now for the renewal of their 2012 energy contracts, whilst prices are fairly stable.

They are offering all Chamber members access to a FREE Bespoke Market Tracker service, to help monitor market prices and identify when best to purchase. Gas and power prices increased by about 20% in 2011 and are predicted to continue rising year-on-year. Gary Collins of Chamber Utilitiesâ„¢ comments, -With energy markets remaining volatile, customers often ask us what price changes to expect for their next contract, to help them budget and forecast for the coming year. The Chamber Utilitiesâ„¢ Bespoke Market Tracker service provides an estimated view on how much higher or lower our customer's next energy contract will be - making a direct comparison between the cost of their current contract and the probable cost of their next renewal, using current wholesale market prices. The Bespoke Market Tracker service is a simple, one-page report that can be emailed to members every week free of charge. Gary Collins added: -By tracking the wholesale price and discussing the market with our experts, Chamber members will be better informed about how it will affect their business, and when to take action accordingly. -The wholesale energy marketplace is very volatile and energy prices constantly rise and fall. This presents opportunities to buy when prices dip, but equally a substantial risk of paying a premium during a peak, especially if purchasing is left until the last minute. -A new energy contract can be secured well before termination of the current one," added Gary. "Speak to Chamber Utilitiesâ„¢, as an independent energy broker we can start to monitor the wholesale marketplace now and look for opportunities to lock into price dips." For your free energy evaluation and impartial advice please contact your chamber, email enquiries@chamberutilities.co.uk or visit www.chamberutilities.co.uk