We are all aware of the significant increases in energy costs over the past 12 months. However, the past two months or so have seen unprecedented volatility in wholesale energy costs with new record highs being set on a constant basis. Gas as a main component in electricity production was already seeing large price increases as world markets started to re-open post pandemic and demand for power escalated.
While post pandemic demand led to record new highs, this pales in comparison with the impact Russia’s invasion of Ukraine has had on the cost of energy. Russia has historically been an extremely important player in energy terms, supplying 40% of Europe’s Natural Gas. This has led to a devastating effect on wholesale gas markets as Europe searches for ways to replace the vastly reduced gas supply out of Russia.
Never has the cost of electricity and gas held more significance for your business, and the focus shifts to what can be done to minimise cost increases.
Avalon Energy are an energy consultant and broker with a long track record in the industry dealing with procurement and energy efficiency services.
Their services include:
- Energy Procurement
- Fixed v Flex contracts & Market Knowledge
- Meter optimisation
- Solar Panels
- LED lighting upgrades
- Energy Monitoring
- Energy Upgrade grant applications
Energy forecasts are still predicting continued high prices. Reducing your consumption on site is the optimum way to keep costs to a minimum.
Avalon Energy are offering HAI members an initial free site inspection, a preliminary conversation around your needs and a “no commitment necessary” billing review and proposal for energy efficiency upgrades through to installation and grant application.
For more information, please contact nick@avalonenergy.ie, www.avalonenergy.ie
