Businesses need energy help - Find out why

Article posted

19th Jan 2024

Read time

2-4 min read

Author

Mollie Pinnington

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The flames of instability crackle in the Red Sea, threatening to boil over into a full-blown energy crisis for the UK. Attacks disrupt the flow of oil and gas, casting a long shadow on an already fragile economy. Right now  the expertise of energy consultants could massively help your business.

The perfect storm brews:

  • Disrupted Flows: The Red Sea, a vital artery for energy transportation, is choked by conflict. Rerouted voyages add days and dollars to the journey, pushing up costs and squeezing supply.
  • Price Shock Waves: Crude oil prices are already volatile, and Red Sea disruptions act as fuel on the fire. Higher energy bills become inevitable, squeezing businesses and households alike.
  • Uncertainty Unwinds: The unpredictable nature of the conflict amplifies the fear. Investments shrink, and businesses hesitate, further stalling economic growth.

 

Businesses caught in the crossfire:

  • Soaring Costs: Energy-intensive industries are hit hardest, facing astronomical bills and potential production slowdowns.
  • Supply Chain Snags: Delays in deliveries and increased shipping costs disrupt entire supply chains, impacting inventory management and customer satisfaction.
  • Profit Margin Meltdown: Absorbing these costs or passing them on to consumers is a delicate dance, potentially eroding competitiveness and profits.

 

Navigating with expert hands:

This is where energy consultants come in. Their expertise offers businesses a lifeline:

  • Optimizing Consumption: Identifying inefficiencies and implementing energy-saving solutions can significantly reduce bills, even as prices rise.
  • Diversifying Sources: Exploring renewable energy options or alternative suppliers can lessen dependence on Red Sea flows and provide greater price stability.
  • Scenario Planning: Building robust contingency plans helps businesses weather volatile markets and adapt to changing circumstances.
  • Government Grants: Consultants can guide businesses through the maze of government grants and incentives for energy efficiency and renewable energy adoption.

 

Investing in resilience:

While the future remains uncertain, one thing is clear: inaction comes at a steep price. By proactively engaging with energy consultants, businesses can build resilience, protect their bottom line, and even emerge stronger from this perilous chapter. Remember, in the face of rising tides, preparedness is the ultimate life raft.

Don't be swept away by the current. Let experienced energy consultants help you navigate the choppy waters of the Red Sea crisis and steer your business towards a brighter, more sustainable future.

The time to act is now. Contact your energy consultant today.

If you're looking to save money on your energy bills then why not get in touch today? The relationships Resolve Energy has developed with over 24 of the UK’s biggest business energy suppliers allows our energy experts to source the best business energy rates available for your company right when you need them. Request a free quote today and start saving money on your energy.

Looking to pay less on your energy bills?

Get a free quote today