The Irish Energy Market

Since the energy market deregulated in 2001, significant changes have taken place wit the most notable being price increases. Electricity costs have increased by over 40% in the last three years, while natural gas prices have increased by 25%. Other changes that have resulted include the introduction of energy taxes (PSO Levy) on electricity bills, the introduction of independent energy suppliers and the advent of new incentive savings schemes by Eirgrid.

Deregulation of Energy Market
The deregulation of the Irish electricity and gas markets, have transformed the energy industry into a dynamic marketplace. The competition in this area represents a significant opportunity for substantial savings and is enabling businesses to actively seek out the best value in energy purchasing. Energy costs are typically the second biggest business cost after wages in businesses nationwide and considerably affects every company’s bottom line. By using our extensive experience in the energy market on your behalf, we ensure that you are paying the lowest possible price for the energy that you purchase.

The role of energy consultancy in your company
For large companies, especially multi site operations, it is becoming increasingly important to engage an energy consultant professional, as the energy market is continuously changing with price increases, deregulation, tariff changes and the introduction of new technologies such as CHP (Combined Heat and Power) all making it an ever increasingly difficult area for the non professional to firstly keep track of, and secondly and most important take most advantage of. Where in house expertise is not available, it is very beneficial to engage an energy consultant on your behalf to take care of all your energy related issues resulting in you paying the least possible for your energy usage.