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Gas and electricity prices fluctuate on a daily, and sometimes even hourly, basis. It’s a volatile market where oil prices are influenced by everything from global conflict to natural disasters. In addition to this, the size of your business could also be affecting the price you pay per kilowatt-hour.
Whilst many of us never really think about where our gas and electricity comes from, the truth is that it has to travel a long way before it reaches your home or business. It’s brought wholesale from suppliers across the globe, and when there’s a war or natural disaster in a country that produces gas or oil, this reduces production and accessibility, pushing prices up worldwide.
This interactive graph tracks the average cost of gas and electricity for small and large businesses and marks some of the world events which are responsible for the fluctuation of oil prices. This serves two purposes; to highlight the disparity between the price paid by large corporations and small businesses and well as showcasing how global events affect the bills you pay.
We’ve combined data from the Department of Energy and Climate Change with news stories from the past decade to help illustrate the effect that global conflict, natural disasters and politics can have on fuel prices. As new data is published each quarter, we’ll be updating our graph so you can see how the prices continue to rise and fall.
View our gas and electricity price tracker here:
Very helpful & straight forward
"Ian Howell was excellent, help me find a good deal and the process was very smoth."This review was posted by Sam on the 17th of October 2017
Nicole Borneuf contacted me by e mail
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Good clear advice and saved me money …
"Good clear advice and saved me money without any pressure thanks Bhavni"This review was posted by Sam Weston on the 16th of October 2017
Excellent advice from Ian
"Excellent advice from Ian"This review was posted by Steve Tunnicliffe on the 13th of October 2017
Switching Suppliers can be really …
"Switching Suppliers can be really stressful, but luckily Bhavni was assigned to me. She really helped break everything down and made everything simple. Amazing member of staff for Switchmybusiness.com Due to Her helpfulness I will be returning to switchmybusiness.com again in the future."This review was posted by Dean on the 12th of October 2017