Energy Ep. 2 - Decoding Energy Bills

In the second episode of Leyton’s Expert Exchange Energy Miniseries, we dive deep into the intricacies of energy pricing for UK businesses. Our Head of Energy, Zach Crossland, sits down with a Senior Energy Consultant, Ian White of Mindful Energy, to explore the often-overlooked factors that go into your energy bill.

Ian explains the multiple factors that impact pricing, including the global forces shaping energy costs; this insightful discussion will help you better understand the numbers behind the bill. Together, Zach and Ian break down strategies you can take as a business to mitigate the risk of fluctuating energy prices and the changing landscape.

Whether you’re a business navigating rising energy costs or simply curious about energy pricing, this episode offers valuable perspectives and practical takeaways to help you stay informed.

Tune in now to uncover the story behind the cost of energy!

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00:00 - Introduction
01:07 - Who are Mindful Energy?
01:40 - What drives commodity costs in energy bills?
03:45 - What is going on globally that is impacting the price of energy?
05:43 - What can UK businesses do to mitigate the outside risks?
10:24 - What does the next 12 months look like for energy pricing?
13:44 - What questions can a Financial Director or CFO ask when it comes to checking if they have a good energy deal?
15:08 - How important is it for businesses to understand how they use their energy?
17:40 - The importance of breaking down your business energy bill.
19:22 - The importance of engaging outside consultancy to review your energy pricing.
20:48 - Ian's advice for businesses looking to review their energy
22:10 - Zach explains the non-commodity costs in an energy bill.
24:45 - Are UK businesses aware of the savings they can make on the non-commodity costs of their energy bill?
28:56 - Concluding statements & a look at Episode 3