What is Budget Reporting?
Energy budget reporting is the ability for a business to effectively forecast and manage its energy cost and consumption over a set period. As all aspects of energy charges increase year on year, it has now become vital for organisations to implement effective budgeted performance measures, and bring this volatile cost under control.
Budget planning in a deregulated market requires experience, diligence, and precision. Northern Gas and Power professionals can assist any organisation, small or large, in setting effective budget control measures. We can help you with planning for future energy costs.
Our cost projections are derived from a thorough analysis of historical data, spot markets, future markets, renewable energy projections and government forecasts based on low, central, and high estimates of growth and fossil fuel prices. Once we have expertly set your tolerances, our Energy Desk platform can help with maintaining budget control. Energy Desk will provide you with effective control measures that include cost, and carbon output based on your consumption figures.