Business energy bills at risk from non-energy costs

Business energy bills are increasingly at risk from extra costs including payments for Government subsidies such as the Feed-in Tariff and the Renewables Obligation for renewable energy, according to a […]

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By Vicky Ellis

Business energy bills are increasingly at risk from extra costs including payments for Government subsidies such as the Feed-in Tariff and the Renewables Obligation for renewable energy, according to a business energy supplier.

UK firm Haven Power, which is part of the Drax Power Group, says it is bringing out three new tariffs for small- to medium-sized businesses (SMEs) as a reaction to unpredictable rises in these non-energy costs.

These include one fully fixed contract to help businesses maintain “budget certainty”, a fixed energy cost with other specified charges based on current rates which sets a maximum threshold for these charges, as well as a third which offers a “complete pass-through” of third party charges.

Richard Robey, Haven Power’s Sales and Marketing Director said being able to “choose their risk input” would help them cope with “potentially unpredictable non-energy charges”.