With wholesale energy prices down 80%, when will care homes see the benefit?

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With wholesale energy prices down 80%, when will care homes see the benefit?

Just over a year on from the start of the Ukraine war and the ensuing energy crisis, we asked Box Power CIC, Care England’s partner for corporate energy options, its view of the markets and what has been happening more recently. Here, Box Power’s CEO, Corin Dalby, gives his insights into the current energy costs for businesses and what they mean for care homes… Considering it was only last August when energy prices spiked and suppliers included so much in ‘risk’ premiums that it pushed the annual cost to an unsustainable £6,000 per bed, it was huge relief to find the ability to buy back in and secure as low as £1,440 per bed for those who bought recently.
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