September and October have so far been subject to quite a media frenzy about sudden sharp increases in both electric and gas prices. For the first time in many years, we have seen suppliers go bust, and others pull out of new contracts or renewals until things stabilise. Such have been the increases in UK gas prices that a large UK supplier has reverted to coal as a cheaper source of electricity.
In this exclusive article for Care Home Management, Steve Wilson, founder and director of Focus Business Consultancy discusses the reasons for, and the impact of energy price hikes for care homes.
Read CHM’s exclusive online feature.