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Maggie Holland's Blog

What does the energy racket mean for businesses?

By Maggie Holland in Editorial

Posted in British Gas, Energy on July 31, 2008 at 4:29 pm

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I’m in shock. I’ve just moved house. Both my gas and electric are provided by British Gas. That was until today. I plan to change to another provider as a result of yesterday’s price hike news (a whopping 35% for gas and 9% for electric for anyone that didn’t hear) and today’s announcement that its parent company’s bank balance is looking pretty healthy.

Other energy providers are expected to announce prike hikes very soon. ‘Tis sad but true but it’s more a case of when rather than if.

Although this is obviously bad news for many consumers and does nothing to help the ‘verge of recession’ doomsayers, but what impact will this have on businesses?

We all talk about IT budgets and how expensive kit is, but there’s no point whatsoever in having lots of shiny new boxes if they have nothing to power them. Gas and electricity are big overheads for business. When the price goes up, what happens? Staff cut backs or possibly increased prices for customers? In short, yet another blow to hit Joe Public where it hurts.

Comparison sites like uSwitch are helping consumers navigate their way out of the energy doldrums and I suspect businesses will not be short of alterative providers or consultants vying for their attention and business. But how long can this energy crisis go on? How long before all businesses start dedicating a couple of meeting rooms for exercise bikes. Not to ensure their employees are healthy but to power the company on? Sounds a bit far-fetched but you never know. Going green and creating your own energy might just be the way to hit the energy players where it hurts in return. Back atchya!

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Comments

Comment by Davef - August 8, 2008 on 8:19 am

Thin clients are the way to go then - a lot less pedalling required!

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