Gas prices have increased by more than 300 percent, which in turn forces up the cost of electricity.

A cold winter puts pressure on supplies and the amount of gas stored, and there has been increased demand from Asia. 

The Ukraine crisis has seen further volatility in the energy market. The increase in energy costs is a global issue.  

I have been reminding the clients and local businesses of the steps that can be taken to control and reduce commercial energy costs.  

Measures for Energy Efficiency

• We need to ensure lighting and equipment in the rooms or other places not occupied, are switched off.  
• Switch lighting to LED equivalents. Older style, the florescent tube can consume sixty percent more energy, so upgrading your fittings and fixtures can have a significant impact.  
• Review your current energy bill to see if you are on the best tariff available. Costs are higher, but you may not be getting the best value already. 

Sorola Energy in Rotherham is asking local businesses not to neglect simple measures still seen regularly around South Yorkshire.

What is the EU doing to address high energy prices and secure energy supply?

To address the increase in energy prices, the EU has made plans to ensure a level of preparedness for increasing gas storage capacity ahead of the winter months.

The UK government is expanding the Energy Company Obligations to specifically aid low-income households and a major acceleration of homegrown power in Britain. 

This article was contributed by our expert Rebecca Winn

Frequently Asked Questions Answered by Rebecca Winn

Q1. Why do we need to conserve energy resources?

Conserving energy is all about being more responsible with the energy we’re using now to ensure that we are protecting our environment and preserving fossil fuels for future generations. 

Q2. What wastes the most electricity in the average household?

Washing machines, dishwashers, and tumble dryers account for around 14% of a typical energy bill, while fridges and freezers account for about 13% of the average household’s energy bill.

Q3. Does unplugging things save money?

The simple answer is Yes! Although you may not think it, even a mobile phone charger plugged in and not in use means you’ll be paying for electricity that’s literally doing nothing.