Businesses fear ‘tough winter’ of energy-cost increases

Electricity price squeeze: Regulator wants all customers to pay extra €100m for use during peak timeHe has already maximised the best use of electricity with more efficient, lower-cost fridges — a major running cost for a supermarket — but he is limited in further mitigation action he can take.

“We are fearing that another increase is coming. I am Swedish and I look at newspapers online and this is happening all over Europe. It is very worrying,” she said.Hedin-Curtin has priced solar panels as a way of mitigating her costs. Higher energy costs mean higher manufacturing costs and Combilift’s long delivery times leave the company having to absorb higher costs rather than pass them on to customers.McVicar believes some manufacturing companies will not survive the energy crisis on top of higher costs on raw materials, transport and supply chain issues, particularly for those companies that have taken orders on their products at a fixed price.

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