The big question on everyone’s lips – why are my energy bills so high?
Three reasons your energy prices are increasing include:
- Rising Cost of Fossil Fuels
- Soaring Import Costs
- Global Wholesale Costs are Rising
Rising Cost of Fossil Fuels
Prices of fossil fuels rose due to Covid-19 in 2021, due to disrupted supply chains and high demand. The War in Ukraine has put further pressure on this – as the supplier of 40% of Europe’s gas, this has a huge impact on prices.
Soaring Import Costs
Global supply chain issues have significantly disrupted distribution efficiency and the overall cost of logistics has increased to meet demand.
Global Wholesale Prices are Increasing
To cope with the increased cost of fossil fuels and importation, energy providers are passing these increased costs on to consumers.
Thankfully, there are ways to reduce your expenditure!
Our range of electric heating products are energy efficient and incorporate technology to lower your energy consumption.
The ATC range of electric heating products are energy efficient, and come equipped with a range of features designed to keep your electricity bills low such as Adaptive Start Technology, PID Intelligent Control and Open Window Technology.