Every quarter, as part of our Energy Price Comparison service for care homes, we bring you the latest market factors that could be affecting the price of energy for your care home. Here's your energy review for October: Britain’s last coal-fired power plant closed on 30th September, ending 142 years of coal-generated electricity in the nation...
The following market updates are a snapshot of the current trends, enabling care home owners to make well-informed decisions regarding their energy procurement. With temperatures slowly rising closer to seasonal norms. This should reduce gas demand and increase supplies. Additionally, wind generation was predicted to be 20% above seasonal levels recently, which should help keep prices...
The government has confirmed that the current Energy Bill Support for businesses will change in April. Under the new scheme, businesses will get a discount on wholesale prices rather than the capped pricing under the present scheme. The new scheme for businesses (including care homes, charities, schools, and hospitals) will run until 31st March 2024....
There is no sign of downward pressure on energy prices for the next few years. These are unprecedented times for the care sector. In this blog, we try to discuss where the market is, why you should still consider fixed contracts, the state of green energy and what it all means for care homes. What...