En-Pro International Inc.’s Post

The Energy Price Cap for 1 October to 31 December 2024 will be £1,717 per year* an increase of 10% compared to the cap set for 1 July to 30 September 2024 (£1,568). *For a typical household that uses electricity and gas and pays by Direct Debit. #energypricecap #costofliving

As of January 1, 2025, the Government of Alberta has introduced the Rate of Last Resort (RoLR). A fixed-rate electricity option updated every two years. This replaces the previous Regulated Rate Option (RRO). The RoLR is now the default electricity rate for customers who haven’t yet chosen or aren’t currently signed up with a competitive energy retailer. Curious about how these changes to regulated electricity rates might impact you? Here’s what you should know to stay informed and make the best decision for your energy needs: https://lnkd.in/gpYpWrHr

With electricity and natural gas costs expected to increase due to market volatility and regulatory changes, consumers face higher bills, especially in the first quarter. Stay ahead: ✅ Explore fixed-rate plans for stability. ✅ Invest in energy efficiency to cut costs. ✅ Compare rates to find the best deals. Stay informed and make smart energy choices with Muvar. ⚡ #Alberta #EnergyPrices #Electricity #NaturalGas #Muvar https://lnkd.in/grx_SMQX

Cabinet Committee on Energy 🇵🇰🇵🇰 has taken a major step in ending the root cause of expensive electricity, single buyer model ✅✅ Electricity markets will operate, investors will think long and hard about which fuel to use to make electricity. Implementing this market will be difficult, similar to PIA privatization. Lots of resistance will have to be faced in next 12 months.

What is a Fixed Rate Utility Plan? A fixed-rate electricity plan has a contract of a set length. The length is usually somewhere between three months and 36 months (three years). During this time, the electricity rates are set and can’t go either up or down.

Energy bills to fall again from July under new cap. A typical household's energy bill will fall by £122 a year from July under the new price cap. The latest quarterly cap for England, Wales and Scotland means a household using a typical amount of gas and electricity will pay £1,568 a year. It means that bills will be the lowest for two years. The cap, set by the regulator Ofgem, limits the maximum price that can be charged for each unit of gas and electricity - not the total bill

Changes to the electricity market rules to help ensure an affordable, reliable and sustainable grid are coming into effect July 1. We are making changes to the rules around economic withholding as part of the ongoing work to help protect Albertans from prolonged spikes in electricity prices. The changes will help make utility bills more affordable while ensuring sufficient power is available when it is needed most. Our power grid operates through generators offering to sell their electricity. Lowest-priced electricity is bought and used first. However, sometimes generators will offer output at very high prices to recoup production costs. This is called withholding and can result in high prices for consumers when done by large generators. Alberta’s current rules around withholding were designed in the early 2000s. The changes we’re making are better designed for the electricity system we have today. Learn more: https://lnkd.in/gszkRc57

What is a Fixed Rate Utility Plan? A fixed-rate electricity plan has a contract of a set length. The length is usually somewhere between three months and 36 months (three years). During this time, the electricity rates are set and can’t go either up or down.

Electricity prices have dropped by almost 60% in the last year. Between August 2023 and August 2024, the average monthly price for default electricity rates in the province decreased from 32.27 cents per kilowatt hour to 13.19. But; if you are on the default rate you are still paying 30% more than you would if you had a fixed term price with NewGen Energy. https://lnkd.in/g9xYc-zS newgen-energy.ca

💡 Electricity, Gas & Water – Time to Take Control of Your Business Costs💧 With energy and water prices still fluctuating, there’s never been a better time to take a closer look at your bills and explore real savings opportunities: 🔌 Electricity: Did you know you can lock in competitive rates up to 12 months before your current contract ends? Stop overpaying on out-of-contract rates and start securing your business's future today. 🔥 Gas: The winter months are coming, and energy usage is set to rise. Plan ahead with tailored gas tariffs that ensure your business isn’t caught out by higher seasonal costs. 🚰 Water: Deregulation has opened up the market for better water rates. Switching could save you hundreds of pounds a year while improving service reliability. 💡 Why wait? Whether you're looking to renew, switch, or simply understand your options, we're here to help. Together, let’s make smarter decisions for your business utility needs. 👉 Message us today to review your options and start saving. #BusinessSavings #EnergyEfficiency #GasAndElectricity #WaterSavings #CostManagement #BusinessTips