What’s happening with UK energy prices - and what it means for businesses
Energy prices have once again moved into the spotlight, following a sharp rise in wholesale gas costs. Recent increases have been driven by escalating geopolitical tensions in the Middle East, including disruption to key global shipping routes such as the Strait of Hormuz – a critical corridor for oil and liquefied natural gas (LNG).
Events like this shows how quickly global developments can impact UK energy markets – and the ripple effect that then has on homes and businesses.
Good Energy CEO Nigel Pocklington explains what this latest volatility could mean for businesses, and the support available to our customers.
Supporting our customers through uncertainty
We recognise this is an uncertain time for many organisations. If your contract is ending soon, or you’re currently out of contract, Good Energy has a range of options available. Where rising costs are a concern, our team can work with you to find a manageable solution that works for you.
Why renewable energy is the long-term solution
The UK is one of the most gas-dependent countries in Western Europe. This means global supply disruptions – whether from geopolitical conflict, shipping constraints, or damage to infrastructure – continue to directly affect UK energy prices.
Homegrown renewable energy offers a more secure path forward. Wind and solar power do not rely on imported fuels and provide greater cost stability once operational.
As domestic renewable capacity grows – alongside storage, smarter grids and electrification – our reliance on volatile global markets will reduce, strengthening the UK’s long-term energy security.
Good Energy sources power from over 3,300 independent renewable generators across the UK. We strive to match generation with our customers’ usage every hour of the day – helping to build a more transparent, resilient and secure energy system that’s fit for the future.
We also support businesses across Britain to take hold of their own energy security, by installing commercial solar panels. Please do reach out for a bespoke quote showing your business’ savings and return on investment. \
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