What are current business electricity rates UK?

Few dare ask as prices keep souring, but is there another question we should be asking..

Unfortunately due to Russia's invasion to Ukraine, where many thought and hoped for a quick resolution still continues on, now resource strains have mounted up over the year to cause global supply crisis, from food to fuel.

Source: MIT Management Sloan School

With the UK having adopted a wide range of sustainable sources, from water turbines to solar,

Decisions like this aren't only finically astute but contribute to a companies over-all image where 90% participants said they would be in favour of using solar energy according to a BEIS survey. Sharing with consumers adapted sustainable aspects won't only help keep the cost of your product of service down, it will help build stronger relationship, and respect for loyal customers.

The good news is that the cost of solar panel installation has not greatly varied, even dropped in some cases in the past 6 years, where in 2016 the price of kW stats are as follows;

| 0-4 Kw in 2016 = £1,977 vs 2022 = £2,000

| 4-10 Kw in 2016 = £1,403 vs 2022 = £1,712

| 10-50 Kw in 2016 = £1,289 vs 2022 = £1,165

(GBP per KW installed, source - Statista )

Believe it or not sustainable energy sources have helped soften the spike in energy bills but with fuel being the main source to create electricity, commercial entities need new strategies to combat these horrific statistics in order to still be operating in the near future.

Current commercial energy rates in the UK:

Info Source: https://www.gov.uk/government/statistics/quarterly-energy-prices-june-2022

For commercial organisations who have not taken the opportunity to harvest free power through solar technologies Volta Solutions can help ensure you get the most innovative solutions on the market that meet you needs and will continue to do so for decades to come, protecting and enhancing structural value in the process.

Are Solar panels the only way to save energy?

For innovative business who already feature solar technology this question couldn't be any more relevant since there is always a set payback period, a good move is to invest to double savings in the future.