Chamber aims to curb energy overspend

Hyndburn businesses locked in uncompetitive contracts are overspending by thousands on their energy bills, warns the Chamber of Commerce East Lancashire. Fear of upsetting current suppliers, neglecting to shop around for best prices and contract small print have been highlighted as the three main factors for the situation, which is hitting businesses hard.

And with energy prices doubling in the last two years, the Chamber’s commercial director Stewart Maloney says now is the time to act.
“Companies looking to renew their contracts in April, for example, need to start now. Some suppliers require up to 90 days’ notice for termination, so if you don’t speak to them now, it will be too late come renewal time. You’ll be locked in.”
Mr Maloney also quashed fears that companies could be cut off prematurely should they cancel, and that finding a better deal can be easier than most fear:
“In conjunction with our endorsed provider, Utility Auditing Ltd, we offer a full and free assessment of businesses and will find cost-effective solutions to reduce energy bills, as well as use our bargaining power and government aid to negotiate better deals.”
For more information on energy contracts and to request a free assessment, contact Stewart Maloney on 01254 356400 or visit www.chamberelancs.co.uk