Energy bills starting to rise in October 

Article posted

16th Oct 2023

Read time

2-4 min read


Mollie Pinnington

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Businesses need to sign their next energy contract before prices rise any further throughout the winter.

Energy bills are set to start rising in October, with some businesses facing really high increases if they don’t act fast. This is due to a number of factors, mainly with the drop in the weather causing a higher energy demand.

The government has announced a number of measures to help businesses with their energy bills. However, these measures are only temporary, and businesses will still need to take steps to reduce their energy costs.

One of the best ways for businesses to reduce their energy costs is to sign a fixed-price energy contract. This will lock in the price of energy for a set period of time, protecting businesses from further price rises.

With energy prices expected to continue to rise throughout the winter, it is important for businesses to sign their next energy contract as soon as possible. This will help them to avoid paying even higher prices in the future.

Here are some of the reasons why businesses need to sign their next energy contract before prices rise any further throughout the winter:

  • To protect themselves from further price rises. Energy prices are expected to continue to rise throughout the winter, so businesses that sign a fixed-price contract now will be able to lock in a lower price.
  • To budget more effectively. Knowing the exact cost of energy for the next year or two will help businesses to budget more effectively and make better financial decisions.
  • To avoid unexpected costs. If energy prices rise sharply, businesses that are on a variable tariff could face unexpected costs. Signing a fixed-price contract will help businesses to avoid this.
  • To reduce their carbon footprint. Businesses that switch to a renewable energy supplier can help to reduce their carbon footprint and meet their environmental targets.

If you are a business owner, it is important to compare energy quotes from different suppliers to ensure that you get the best deal. You can also use an energy broker to help you find the right energy contract for your business, get a quote from us today to get started.

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.