Hair & beauty businesses will be reassured by the Prime Minister's recent announcement of the Energy Price Guarantee for families and businesses, but will need more detail in order to plan for winter. 

The announcement is currently very high-level and lacking in detail, so it is important that the government clarifies what happens next, so that businesses can plan for the next six months and beyond. 

There are still several unanswered questions, including: 

  • What will be the fixed unit prices (and standing charges) from 1 October?  

  • What will now change in practice for businesses looking to change their energy contract?  

  • As a small business normally gets quoted for at least 12 months, will new quotes include six months at a low rate and six months at a higher, uncapped rate?   

Our partnership with a leading energy consultancy Direct Business Solutions helps you manage the energy pricing crisis as simply as possible by finding the energy contract best suited to your business’s needs’

Please look out for further updates as the NHBF continues to champion the needs of the sector whilst providing practical support to help Members with everyday challenges. For more information click here.