Headline news today shows that the UK inflation rate rose to 1.0% in September, up from 0.6% in August, according to official figures. One of the key drivers in this is the increase in energy costs. A report on BBC breakfast indicated that 10% fuel inflation was a key driver to increase this overall inflation. It was the biggest monthly rise in the cost of household items in more than two years, the Office for National Statistics (ONS) said.
Economists have predicted that prices will rise further. Ben Brettell, senior economist at Hargreaves Lansdown, said: “Inflation looks certain to rise further over the coming months, and could easily exceed the 2% target in 2017.
Energy Costs of Less Than 5p kWh
At Energy Gain Uk we can help you to significantly reduce the impact of rising inflation on your energy cost by helping you to achieve energy costs of less than 5p kWp from today for the next 20 years.
To find out how we can help you to significantly reduce the amount of grid energy required by your premises and safeguard you against future price increases call my team on 0345 609 9323 or to request more information click here.