Did you know, Dairy Farm electricity prices are predicted to increase in 2018 by as much as 5%?
As we now are firmly in the new year ‘swing’ of things, it’s the time to start setting goals and budgets for the year ahead.
This has become quite difficult for UK farmers with the number of uncertainties upcoming, but what is certain is the cost of electricity is increasing…again
With dairy farming being the largest type of farming in the UK, at 17%, electricity rises are becoming more and more of a problem.
Would it surprise you if I said in 2008, only 10 years ago, the going rate for electricity was 6p per kWh. In today’s volatile markets, you are looking at 12p per kWh with some savvy buying. It’s not rocket science but that’s double.
To put in monetary value, the average dairy farmer is milking 143 cows, that’s roughly an annual spend of £9,000 per annum on electricity alone. The increasing rate of the market is forcing farmers to start taking their energy efficiency and cost seriously.
This is why we’re noticing such a demand in farmers wanting to review their electricity contracts and spend. By having a farm energy specialist looking at your contracts and spend, ensures you are paying the most competitive price and you’re not wasting energy.
In fact, in 2017 the average farmer we helped saved £256 on their farm electricity spend. Not to mention the time and hassle of comparing and dealing with suppliers. We currently look after more than 300 dairy farmers across the UK, so you can switch with confidence.
When you next receive your renewal letter from your electricity supplier, give us a call for a free comparison, we guarantee to beat any like-for-like quote.