There mightn't have been up to now Purple but I'd say that's all about to change in my opinion when business customers start getting their September and October bills. Its simply not sustainable.There's less public and political blowback from commercial customers when prices increase. That's why.
Our unit price has gone up 60% in the last 2 years and is set to double again. We are a significant user so that runs well into the hundreds of thousands a year. There are minimal grants for commercial users to invest in things like Solar or consumption reduction measures such as LED lighting.There mightn't have been up to now Purple but I'd say that's all about to change in my opinion when business customers start getting their September and October bills. Its simply not sustainable.
Small business is not paying 4 times what homes are paying. I have a small business.Interesting stuff , peemac. What you’re outlining is that commercial electricity is dearer partly because the use is mainly daytime and is influenced by high generation costs at that time of the day. However having said that ,electricity must be the only service or product in the world that is more expensive , the more you use. No bulk discount there.
I can’t think of anything else that is not cheaper in bulk Purchase.
Having said that , what about the small businesses accountancy practice , solicitor , small retail shop , barber , bike shop , photographer etc . In their case they are using far less daytime power than an average home , but are paying four times the amount. , The PSO levy and standing charges are all much higher as well.
To be honest , my worry is that the government haven’t remotely or yet , copped on to the fact that commercial electricity rates is propelling out of control , thinking only that they have mirrored the domestic market increase ( bad enough as they are)
Don’t want to sound like a doomsayer but this is very worrying moving in to the winter period.
We installed them at the beginning of this year. I'm estimating a 4.5 year return on investment. It would be 2.5 years if the lighting output had remained the same but the output is far higher and the place is much brighter now.The grants for LED lighting installation are tiny , the installation Capital cost is huge , and from speaking to other business owners the savings to be made by installing LED Lights are minimal anyway and hardly worth the effort.
What are you paying at the moment?Small business is not paying 4 times what homes are paying. I have a small business.
I'm still on a fixed rate, but expected new rate in November is about 50c a unit. I expect my domestic rate to be over 30c by then even at max discount.
That's a great idea!Heating has changed - 4 X 28w extractor fans will take air from the highest part of the building (heat rises) and fed back down into packing areas and office areas.
I estimate that all else being equal we'll see €80-€100k added to our power costs in the next 12 months.And the day of preheating the building before staff come in are gone.
I still am budgeting circa 10k extra for light and heat in the next 8 months and I will have to increase pay levels and deal with possible sales slowdown.
Agreed. They'll be hit with increased costs all across the board.But it's restaurants and bars that are really going to suffer, and the stress on those operators will be immense and they will not be able to do many changes.
You must be in the second year of a two year contract or something ,peemac. Fair play to you. That's an incredibly low price.@Purple
i'm paying 16.07c per unit. Fixed to end Feb next - I thought I had changed nov 2020, but seems I didn't actually make the change til feb.
Unfortunately gas is a different story, so I'll be doing electric heating til end feb and thereafter they'll all have to wear costs inside
That's good. We went from 18cent to 26cent but that runs out in 10 months.@Purple
i'm paying 16.07c per unit. Fixed to end Feb next - I thought I had changed nov 2020, but seems I didn't actually make the change til feb.
Unfortunately gas is a different story, so I'll be doing electric heating til end feb and thereafter they'll all have to wear costs inside
Yep, took a 2 year contract. Not huge users as all lighting is led and only PC's and staff kitchen being the rest.You must be in the second year of a two year contract or something ,peemac. Fair play to you. That's an incredibly low price.
Arguably good news despite of course a disaster for the business and the employees.
I agree.Arguably good news despite of course a disaster for the business and the employees.
planting something that doesn’t require extensive heating might be a better idea I mean,
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