You may have heard a lot about EMR recently but might not understand what it is or how much it’s impacting your energy costs. Watch our EMR video where Jon Ferris, Head of Energy Markets at Utilitywise, explains all.
Electricity Market Reform (EMR) is designed to attract new investment to improve the security of electricity supply and also promote low-carbon generation. “Businesses that don’t manage or reduce their consumption are going to be hit by increasing costs of Non-Commodity Charges, as the costs of these schemes are passed through to the end user,” warns Jon.
By watching our video you’ll find out how EMR affects businesses with both fixed and flexible energy contracts and what you can do to reduce the impact.
Our analysis shows that compared to 2010 levels, Non-Commodity Charges will have risen by 127% by 2020 making up 54% of the delivered price of energy. “The only way for businesses to avoid these costs is to reduce the amount of electricity imported from the grid,” advises Jon.
To find out more about how you can reduce your consumption and lower your energy costs call 01527 511 757 or get in touch with us.