Fuel for thought
Language: English Series: Accountancy ; 137(1349) January 2006, 52-53(2)Publication details: 2006Subject(s): Summary: Evidence shows that energy prices have doubled in the past 18 months, and British companies are suffering losses of around £1bn a year through failure to manage the energy buying process properly. The article suggests that the main reason for price increases is that global market for oil and gas has become increasingly competitive over the past three years. Legislation is also argued to have boosted prices in the UK. The process of companies achieving the best costs is evaluated by analysing bills and getting the best possible contract. Advice is also given as to ways in which consumption can be reduced via the use of energy saving light bulbs and new technologies available to help companies condense their energy spending.| Item type | Current library | Call number | Copy number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|---|
| Journal article | London Journal article | L132173 (Browse shelf(Opens below)) | 1 | Available | 132173-1001 |
Evidence shows that energy prices have doubled in the past 18 months, and British companies are suffering losses of around £1bn a year through failure to manage the energy buying process properly. The article suggests that the main reason for price increases is that global market for oil and gas has become increasingly competitive over the past three years. Legislation is also argued to have boosted prices in the UK. The process of companies achieving the best costs is evaluated by analysing bills and getting the best possible contract. Advice is also given as to ways in which consumption can be reduced via the use of energy saving light bulbs and new technologies available to help companies condense their energy spending.