Commercial energy contracts explained: What are the differences between contract types and how choosing the right one for your business can improve your bottom line.

Unfortunately, there isn’t just one universal contract type that fits every single individual business in the UK. Businesses come in all different shapes and sizes, from small retail boutiques to factories mass-producing products on huge assembly lines. As a consequence, there are a vast number of different energy contracts out there to accommodate the differences in consumer demands.

Commercial energy contracts explained: What are the differences between contract types and how choosing the right one for your business can improve your bottom line.2020-09-16T12:09:09+01:00

The Logical Non-Commodity Report 2020 – What is non-commodity and how does it impact your business’ energy costs?

Non-commodity makes up around 60% of your business’ total energy costs, and 40% of your energy budget is made up of the commodity or wholesale energy, so the actual energy itself, depending on the market conditions of when you agreed your energy contracts. What is non-commodity? Non-commodity charges comprise of several costs including the cost to transport the energy to your site, energy losses through transportation, network charges, government levies such as CCL, environmental taxes and much more.

The Logical Non-Commodity Report 2020 – What is non-commodity and how does it impact your business’ energy costs?2020-09-08T11:22:11+01:00

How can your business benefit from monitoring its’ supply capacity, and avoid excessive energy bills?

Every half hourly metered site within the UK has a supply capacity, which is set by the Distribution Network Operator (DNO) based on the agreed capacity reserved for each location. Your business’ agreed supply capacity is the amount of electricity your DNO must make available for each of your half hourly metered sites. Your business agrees the level of capacity that should be reserved for each of your half hourly meters with your DNO. You are able to change the agreed level; however, this can only be done once per year.

How can your business benefit from monitoring its’ supply capacity, and avoid excessive energy bills?2020-07-15T10:47:45+01:00

Make UK report shows manufacturers are stepping up to the sustainability challenge

According to a survey released by Make UK: The Manufacturers’ Organisation, manufacturers who put sustainability and environmental improvements at the core of their business, obtained significant cost-savings across their company. The report shows that 50% of manufacturers are making advancements with sustainability programmes and 71% saw a reduction in business costs after implementing their last environmental improvement plan.

Make UK report shows manufacturers are stepping up to the sustainability challenge2020-06-17T16:04:21+01:00

Worldwide energy markets plummet to their lowest levels seen since the 2018 market highs

During 2020 the extreme worldwide lock-down measures has drastically reduced the demand for energy. As the country remains locked down, demand for electricity continues to be low, and on the flip side, the supply chain high with an influx of LNG shipments and an increase in renewable energy generation. These are some of the major factors that have left us with an over-supplied power system and coerced energy prices downwards

Worldwide energy markets plummet to their lowest levels seen since the 2018 market highs2020-06-11T16:27:26+01:00

Global Markets sink as a result of the COVID-19 Pandemic

Global oil demand is expected to decline in 2020 as the impact of COVID-19 spreads around the world. According to the International Energy Agency’s latest oil market forecast, global oil demand is down by around 90,000 barrels per day from 2019. China’s lockdown has led to a high volume of LNG shipments being diverted across Europe and resulting in an oversupplied gas system. In addition, the milder weather conditions mean less demand for energy, driving prices downwards even further. As a result of the decrease in demand coupled with an oversupplied gas system, Brent Crude Oil is set to fall even more this year to below $30 per barrel.

Global Markets sink as a result of the COVID-19 Pandemic2020-03-27T11:43:04+00:00

7 ways your business can reduce or offset carbon emissions

The UK government's plan for a net zero economy by 2050 sets out to balance carbon emissions by offsetting the equivalent amount that we, as an country, are putting back into our planet's atmosphere. In response, businesses are looking at how they counteract their carbon production by incorporating offsetting schemes within the procurement of their commercial energy and often look towards us, as a specialist energy consultancy, to help them to do this. Unfortunately, producing carbon emissions is unavoidable in some industries, but that doesn’t mean your organisation can’t get involved with a more sustainable, energy-efficient way of running its business.

7 ways your business can reduce or offset carbon emissions2019-10-01T09:11:37+01:00

6 Reasons why your business should consider using an Energy Consultancy

For many corporate businesses, SME’s and single business owners, securing the most cost-effective gas and electricity contracts can be far from straight forward. Suppliers are continually changing the way they bill for commercial energy, have numerous varying contracts and T&C’s. To add to this, the government enforce new levies and taxes and are constantly changing these charges to businesses. Using an energy consultancy can alleviate issues associated with the procurement of commercial energy away from your business, especially one which has established a long-term relationship with a wide range of suppliers and have grounding expertise within the energy industry.

6 Reasons why your business should consider using an Energy Consultancy2019-10-01T15:17:55+01:00

How you can be energy-smart in the workplace

There are plenty of ways that your business can save energy and cut back on energy bills. Here, we look at some of the most effective ways to save energy, cut usage and expenditure: Switch to energy-saving light bulbs Using energy-saving bulbs will cut usage and save you money. Typically, they use up to 80% less energy than standard bulbs and don’t need to be replaced as often, keeping your lighting bill down to a minimum. Install motion sensitive lighting It’s easy to leave lights on after you’ve left a room, so educate your staff to ensure they are turning off  lighting when leaving an area.

How you can be energy-smart in the workplace2019-08-09T11:12:37+01:00

Why I made the Logical Choice

It is funny how life sometimes works out, and that plans can change in an instant. I hadn’t planned on continuing my journey at The Logical Utilities Company; at first, I had chosen a different career path. So, I’ll start by telling you a little about my background, and how I came to settle at Logical Utilities. For the past 7 years I have pursued my career as an Insurance Broker. I have detailed knowledge and grounding experience in insurance principles including the regulatory environment, key disciplines of underwriting and claims, in addition to popular products such as motor, household, healthcare and packaged commercial insurances.

Why I made the Logical Choice2019-06-13T10:23:28+01:00