Gas or electric? Which should you be using to cut costs?
Mark Nelson2022-04-22T10:11:30+01:00With energy prices spiralling, there’s one question we’re asked more than any other: which is cheaper right now, gas or electric? There’s a simple answer to this. And then there’s the rather more nuanced response. Here’s the simple answer: gas tends to be cheaper than electricity. That still applies right now, despite the volatility in the gas supply market. That’s because around half of the UK’s electricity comes from gas, so gas supply problems affect the cost of both electricity and gas. But the basic cost of a unit of energy isn’t the only thing your Lancashire SME will [...]