Energy prices in the UK fluctuate on a daily basis. These are just some of the reasons why.

1. Five reasons why energy prices
can fluctuate
By Utilitywise plc
January 2014

2. Cold weather.
Prices can rise when cold weather increases
demand from consumers.
The more temperatures fall, the more energy
people need to power their businesses.

3. Oil prices.
When oil prices rise, gas and power prices
rise, too.
Oil prices depend on geopolitical concerns
and production and maintenance schedules.

4. Industrial demand.
When manufacturing industries increase
production, they consume more energy.
Gas and power prices have increased with
the growth in the UK’s economy.

5. Gas imports.
Gas prices rise if imports are disrupted.
UK gas prices reached 150p per therm in
March 2013 when the Belgium-UK
interconnector failed.

6. Decommissioning.
The UK becomes more dependent on gas
imports as coal power stations close.
International competition for gas supplies
means that market conditions change daily.

7. These are just five of the
reasons why energy prices can
fluctuate.

8. For help with your business
energy, visit:
www.utilitywise.com