Energy Cost Increases
The UK has seen the highest energy price rises compared to anywhere else in the world.
Between 2010 and 2013 energy providers increased their overall prices by 37%. During this period inflation was only 10.2%. This trend of inflation increases is expected to continue. The industrial sector faces similar average price increases.
In July 2013 the coalition Government announced that by 2019 all new non-domestic properties must be zero carbon. This piece of legislation along with other rulings which are already or set to come into effect means sustainability and renewable energy are important considerations for property owners.
Our Electricity charges with a PPA rise with the Retail Consumer Price Index (CPI) and not the Electricity CPI.
Historically this rise has been significantly lower than electricity price inflation. This is demonstrated by the graph opposite.