Energy is less than 40% of your electricity bill – infographic
Many businesses are unaware that a fraction of what they pay towards their energy bill actually pays for the energy they use – the bulk of their bill goes towards third party costs, regardless of who their supplier is.
In recent years, Third Party Costs have increased significantly, from representing 55% of an average energy bill in 2017/18, up to 62% in 2018/19.
Paul Sheffield, Haven Power Chief Operations Officer, said: “Increases to third party costs are beyond the control of your energy supplier. They can occur frequently throughout the year, and need to be managed effectively, which is why we’ve developed a new guide to help businesses do just that.”