How Cold Weather Affects Business Energy Prices
What will this winter bring?The short answer is that we don’t know. Although the forecast for the rest of the week is cold, prices will only move around on longer-term weather forecasts. Sensationalised news stories in the media warned of imminent ‘mega freezes’ last month, but these don’t appear to have come true. One long range predictor of long-term winter weather is the El Nino weather event. This is a natural weather pattern that can disrupt sea flows and increases the risk of a colder winter in the UK. A strong El Nino event in late 2015 preceded an extremely cold winter in Britain. Although this year is thought to be an El Nino year, the effect is thought to be weak to moderate, the Met Office says. But El Nino is just one factor that can be used to predict warm or cooler winters and it is certainly not 100% reliable. Professor Adam Scaife, head of long-term to decadal climate prediction at the Met Office Hadley Centre said: “An El Niño can create wetter and windier conditions in the first half of winter and it can bring a colder and drier second half, but El Niño is just one factor and others will vie to affect our winter.”
Reduce your energy costs during the winterUsing an energy broker to compare energy prices can be an effective way of getting the best prices. An energy broker can advise you on the best time to get a fixed-term energy contract and lock in the best prices. With a range of additional consultancy services, Utility Helpline can also help you identify areas where you can save gas and electricity by improving efficiency.
Published by Utility Helpline on (modified )
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