Natural gas has been an extremely volatile commodity this decade, with monthly index pricing varying from $2.50 to $12.91 / GJ during that time.
The practice of paying commissions to energy consultants and brokers is a structural reality of the gas commodity supply industry. We work purely on a consulting basis on behalf of our clients to assist with gas purchasing, working with 3rd party brokers as required to complete transactions.
As with electricity, we do not simply help you ‘get into a gas contract’. It is worth noting that weighted average natural gas index pricing, assuming a typical heating consumption profile, has not exceeded $8.05/GJ for any calendar year this decade. As such, even in times of dramatic price increases, it is important to make prudent hedging decisions. 5 years can be a very long time when on the wrong side of a hedging contract.
Again, similar to electricity, our approach is to assist in the decision-making process by preparing detailed projections of net costs using detailed consumption data under different index market price and winter weather scenarios.
Energy Profiles Limited can obtain prices from multiple suppliers and compare pricing and contract terms. A variety of hedging strategies are possible, from fully locked, to purchasing on index prices, and combinations in between.