The UK’s net zero legislation and 2050 target is crucial to ensuring we all play our part in
limiting our impact on the environment. In the short term it will mean new regulations and
raised operating costs for businesses already dealing with political uncertainty, increased
competition, complex supply chains, talent shortages and more.
Fortunately, help is available.
A UTILITIES SOLUTION THAT’S BUILT FOR YOU
Rethinking utilities consumption is one way in which businesses can contribute towards
climate action while also protecting the bottom line. Measures taken to reduce carbon
emissions, cut waste and help balance our power grid also have the potential to reduce
spend, create new revenue and ensure commercial resilience for the future. Here at Taurus
Utility Consultants, we have dedicated ourselves to offering the most complete utilities
solution available; building specialist teams to cover the full array of a business utility needs.
It is what makes us one of the UK’s leading utility consultancies, and it means that our
clients can use any or all of our Gas, Electricity, Internet and Water Services to create their
own bespoke solution, giving them peace of mind, with a lot less to worry about.
We believe there are four key elements of an effective and sustainable utility strategy.
DO IT RIGHT
As our government maps out the route to net zero through new policy and regulation,
businesses will need to give extra attention to compliance. Failing to do so could mean
costly penalties or reputational damage. With compliance and sustainability credentials
becoming so crucial to commercial success, businesses can benefit from help to manage
regulatory risk. Taurus Utility delivers peace of mind through accurate and timely reporting
for efficiency and carbon reporting schemes like ESOS and SECR.
The data gathered can also help to secure investment in efficiency upgrades to reduce
consumption, emissions, and cost.
BUY IT WELL
As buying and using utilities becomes more complex, devising a procurement strategy that
suits your budget, sustainability goals and risk-appetite can be tricky. Having “real-time”
oversight of the market is helpful, but the true value comes from combining that oversight
with access to experienced utilities experts who can help you interpret the market and guide
buying decisions. We scan more of the marketplace than most TPI’s, with over 70 Energy
and Utility Suppliers, to make sure your business secures the contract terms you want on
the best possible terms.
We also have the expertise at Taurus Utility to help them shape a buying strategy around
their unique needs and can step in to remove the burden of administration wherever needed
through our metering, billing, and invoice validation service.
USE IT BETTER
Efficiency can make a big difference to the bottom line, but only if action is meaningful and
measurable. Many businesses identify efficiency measures but fail to implement them. Some
struggle to get executive finance “buy-in” due to lack of data transparency. Others act but
have no easy way of monitoring success. These obstacles can be overcome with the right
support and technology. Our software offering provides user-friendly tools to help raise
awareness, monitor R.O.I. and drive better utilities use across every level of a business.
This unique technology gives your business access to the insight you need to cut costs and
carbon.
MAKE YOUR OWN
In an increasingly decentralised system, on-site generation can protect businesses from
power outages and the rising costs associated with using the grid. Unfortunately, getting
projects off the ground can be difficult. From feasibility studies and securing funding,
through to build and management, Taurus Utility Consultants works closely with your
business to help you get maximum benefit from making your own energy.
BUILT FOR ALL SECTORS
Our business has been built for clients in all sectors and a business just like yours. With our
own adaptable software and teams of utilities experts covering everything from procurement
and cost management through to innovative R&D, we have got the scale and experience to
support you, whatever your future holds.
Contact your Experienced Consultant Account Manager at Taurus to discuss your
requirements.
The Future of The UK Energy Market
The future of the UK energy market is poised for significant transformation. Here are some key focus points in 2025 and beyond:
- Renewable Energy Growth: The UK is increasingly relying on renewable energy sources like wind, solar, and hydroelectric power. In 2024, over 40% of the National Grid’s power came from renewables2. The government’s Clean Power by 2030 Action Plan aims to further boost this.
- Energy Security: Despite the growth in renewables, the UK still faces challenges with energy security, particularly due to its dependence on gas. The UK has always had issues with a lack of Natural Gas Storage quantities, which has driven up Wholesale Gas Prices. Recent reports indicate that gas stores have fallen to concerning levels2
- High Energy Bills: Energy prices have remained high, partly due to the UK’s marginal pricing model, which sets electricity prices based on the most expensive source used to meet demand. The UK now relies on Renewable Energy Generation as Coal Fired Power Stations have been closed, and disappeared altogether in 2024, with the closure of the UK last coal fired power station. As all of these Third Party Costs (TPC’s) increase, they now account for approximately 50-60% of UK Business Energy bills. This often results in higher prices even when cheaper renewable energy is available2.
- Regulatory Reforms: Ofgem, the UK’s energy regulator, is working on reforms to improve market stability and protect consumers. This includes better oversight of energy suppliers and ensuring they have sufficient capital and robust business plans4.
- Future Investments: Significant private sector investment is needed to upgrade grid infrastructure and increase domestic generation capacity. The government is also focusing on creating a skilled workforce to support the transition to clean energy3.
- Global Context: The UK’s energy market is influenced by global factors, including geopolitical events and international energy prices. The ongoing transition to clean energy is part of a broader global trend towards reducing carbon emissions3.
The UK’s energy market is at a critical juncture, balancing the need for clean, affordable, and secure energy. What are your thoughts on these developments?
Get in touch with Taurus to discuss, and see if we can collaborate and work together on solutions and services that will help your business prepare for the future of your energy needs, your sustainability, and your businesses future growth plans.
Outsourcing to Industry Professionals like an Energy Consultancy is a very effective way to bring the knowledge you need into your “in-house” team/s.
1www.energy-uk.org.uk2The Independent | MSN3The Engineer4publications.parliament.uk5This is Money