Gazprom Energy Offers Shield to Rising Gas Charges

  Gazprom Energy Offers Shield to Rising Gas Charges

Business Wire

MANCHESTER, England -- July 4, 2013

Business energy provider Gazprom Energy is to offer a new fixed-price gas
tariff designed to protect mid-sized businesses from unpredictable rises in
third party charges.

The new ‘Shield’ product will enable customers to fix their gas price for up
to two years and has been developed in response to significant rises in the
non-energy charges applied to all bills during the past 12 months.

Gazprom Energy supplies gas and electricity to more than 11,000 UK public and
private sector organisations. It said Shield had been specifically developed
for customers consuming medium volumes of gas annually (500,000 – 15 million
KWh gas typically) who are looking to achieve more budget certainty.

Dale Marriott UK head of operations at Gazprom Energy said: “Currently as much
35 per cent of a gas bill can be made up of third party, non-gas charges
including the cost of recovering gas that is ‘lost’ along the system. These
are beyond the control of suppliers and in the last 12 months alone we’ve seen
these charges jump by as much as 15%

“The rate at which these charges will rise in the future, and by how much, is
hard for suppliers and customers to predict. Naturally this has created
considerable uncertainty for those organisations for which future cost clarity
is a priority.

“While fixed-prices are usually targeted at the smaller end of the commercial
energy market we’ve seen growing demand from customers in the mid-market. We
expect Shield to be particularly popular in the public sector where energy
buyers are under pressure to keep expenditure within forecasted limits.”

Headquartered in Manchester, Gazprom Energy has been named as the best
commercial gas supplier for customer satisfaction in the twice-yearly
Datamonitor survey of 2,000 UK business energy users.

The Shield tariff is available on contracts of 12 to 24 months for start dates
on or before 1 November 2013.

Contact:

Citypress
Peter Lappin
0161 235 0328
peter.lappin@citypress.co.uk
or
Ricky Ambury
07540 047 834
 
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