By Quality Energy
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November 8, 2022
Rocketing energy prices have been dominating the news in Australia and globally. The gas price has jumped to an all-time high, taking electricity prices with it and impacting households and businesses. While Australian wholesale energy prices in September and October 2022 seemed to have dipped as we head into warmer spring weather and solar energy output increases, the energy crisis continues and may not end. The Australian Financial Review predicted retail electricity prices could increase by at least 35% in 2023, spurred by rising wholesale energy costs. In this article, we outline a few steps that businesses can take to offset rising energy prices.