Businesses could be charged millions for the energy they didn't use during lockdown
Dawn Pratt, Commercial Energy and Utility Management
?? CRISIS Management, Business Energy Expertise ??Energy Upgrades & New Installations ?? Utility Management & Procurement ?? Excellent Service & Delivery ?? 07810 717 304
Since government restrictions came into place this Spring, some businesses could have paid more than ￡1m combined for unused energy at closed sites.
Hundreds of businesses, tied into draconian usage agreements with their energy supplier, may be forced to pay millions of pounds for electricity they have not used since March and into this second lockdown.
Data from one of the largest buying groups reveals that since government restrictions came into place this Spring, business could have paid more than ￡1 million combined for unused energy at closed sites, based on contractual agreements with some previous suppliers.
Today, we would call on all businesses to seek help if you believe you are in the same predicament.
The pandemic has put extra pressure on businesses. Whether that’s focusing on colleague wellbeing & job security, serving customers safely, supporting communities or just purely surviving. For many, this has meant unforeseen investments being required just to remain in business.
Being blindsided by unexpected costs from an energy provider at such a critical time could be the breaking of a business, putting our high streets and the communities they serve at further risk.
“Take or Pay", also known as Volume Tolerances, are standard contractual clauses andlive in the very small print. Actual charges for unused energy are rarely made clear to the client on signing contracts. Costs might appear discreetly, hidden within other charges or not itemised. Businesses could be paying for unused energy without even realising it.
Some suppliers agree to spread the cost of unused energy across future years, but usually on the understanding that the client renews their contract. This means that many are repeatedly locked into an energy agreement which doesn’t always work for them, in fear of paying a massive penalty.
Need help or advice regarding these issues or any other energy related problem, call us now.
Dawn Pratt | 07810717304