The 3 key factors influencing higher energy prices

David Guiver, ERM Power’s Executive General Manager of Trading, explains that several key factors are likely to be influencing market increases and general energy price volatility. These are:
1. Predictions of a hot, dry summer ahead
Future weather forecasts can significantly influence energy markets because suppliers look at these predictions closely when hedging energy purchases on the futures market and setting prices.
When the forecast says we’re in for a hot, dry summer, this indicates that businesses and households will use more…

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Prime time for helping smooth the flow

ERM Power CEO Jon Stretch makes no attempt to hide his frustration with the latest failed attempt to get a national energy policy up and running, even though it means plenty of opportunity for his business to grow.
“It’s just beyond belief that at five minutes to midnight, when there has been an incredible amount of consultation with industry, with industry groups, with consumers, with competition groups et cetera, that we just saw politics of the worst kind make the…

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Steps to Improving Your Organisation’s Energy Productivity

Whether your organisation is wanting to reduce costs, operate more sustainably or generate revenue from existing energy assets, now’s the time to explore your options and take action.
ERM’s General Manager of Sales & Business Development, Martin Becker, says he’s noticed a shift in customer focus towards managing energy volumes and productivity.
This is no surprise given that the the return on investment (ROI) for energy-saving initiatives is so significant. Rising energy prices and decreasing technology costs also means that projects…

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Energy Audits Help Businesses See the Big Picture and Save

If you’re about to green-light an energy efficiency investment, start smart with an energy audit.
An energy audit of your organisation will shine a light on your strengths and weaknesses and help you make better-informed decisions in the future.
According to ERM’s Digital Innovation and Advisory Lead, Pete Tickler, this can save you prematurely pulling the trigger on significant energy efficiency investments that may not be right for your organisation.
A holistic approach
Energy efficiency has so many moving parts and variables that…

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Ask the Right Questions to Get the Best Energy Deal

Considering switching business energy providers? A word to the wise: lock in the best possible terms by thinking green and assuming nothing.
Having dealt with soaring energy costs for years, organisations are becoming savvy. They know they can save significantly if they negotiate wholesale energy prices with retailers. What many don’t realise is that’s not the only way you can control what you pay for energy.

More Powerful than you Think
“While network tariffs are fixed costs that stay the same no…

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