Building a world of
resilient communities.

MAIN LIST

 

UK: Energy bills set to soar

Businesses are facing the prospect of massive increases on bills for electricity and gas.

Soaring oil prices and EU regulations on carbon emissions are expected to result in a 40% hike in the price of electricity, and 25 % in price of gas.

The claims come from consultants John Hall Associates based on conversations with suppliers and feedback from those involved in negotiating new contracts.

According to the Daily Telegraph, they show costs for new supply contracts starting in October are likely to soar by between 32% and 41%, compared with a year earlier.

For contracts starting next April, the increase is put at 30-40%.

A John Hall consultant said: "This will be a considerable blow for businesses already struggling to control costs.

"Companies are obviously trying to resist the increases but there is little they can do".

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.

 

This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.


A New Economy: Social, Commons, Feminist, and Environmental

The conference on Platform cooperativism organised by Trebor Scholz and …

Can Industrial Hemp Save Kentucky’s Small Farms?

At the birth of any industry, uncertainty abounds. So does opportunity, say …

The Working World: Funding Co-ops with Non-Extractive Capital

As more and more consumers get savvy about where they put their money, how …

The Great Transition Experiment: New Economy Alternatives

Money animates the institutions that shape every facet of our lives: …

Keep it Local! The Complementary Currency Alternative

New alternative and complementary currencies are a growing worldwide trend, …

The End of the Extraction Economy

Big box retailers have been a major player in this economy and …

The Commons as the Response to the Structural Crises of the Global System

The emerging answer for a new mode of value creation is the re-emergence of …