Save Your Museum Money This Winter With The AIM Energy Action Group

If you are keen to save your museum or heritage site money, then the free to join AIM Energy Action Group is a great place to start. Run in partnership with DTA Wales, the group can advise you on the best energy supplier, the correct tariff for your organisation and can add you to the AIM energy bulk buying basket to ensure you get the best deals on your energy costs.

UK gas prices are directly linked to the cost of oil and with nearly half of the electricity produced in the UK generated by gas, now is a good time to lock in energy contracts for the longer term. Overall, prices have risen by at least 10% since last March when we launched the very successful AIM Energy Action Group 2016 Basket so make sure you secure the best pricing while you can.

Now is a good time to get quotes to lock in prices for the longer term to provide some very useful budget security at a relatively low price as prices tend to harden as we move more strongly into winter temperatures and demand increases. The benefits of fixed procurement are evident and include:

*Price protection – Contract prices are fixed for the contract duration.

*Budget certainty – Budgets can be predicted and therefore managed

*Security – Provides protection from volatility in the energy market.

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But to take advantage of these reduced energy costs, you must ensure that you are with the most competitive supplier and on the correct tariff. This can be a confusing and time consuming task, but the AIM Energy Action Group can provide all the free advice you need to help cut your energy bills.

“We would urge all museums who so far have not taken up this free service to request quotes now on all contracts coming to an end between now and late 2016,” said Ken Shaw, Head of Enterprise at AIM Energy Action Group.

To take part in the AIM Energy Action Group, please visit the website for further information: AIM Energy Action Group

Or email Ken Shaw at: info@aimenergyaction.co.uk

Or telephone: 02920 259560

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Make The Most Of The AIM Energy Action Group

If you are determined to save your museum money, now is the ideal time to join the AIM Energy Action Group. Run in partnership with DTA Wales, the group can advise you on the best energy supplier, the correct tariff for your organisation and can add you to the AIM energy bulk buying basket. With oil prices at an all-time low, and with gas tariffs directly linked to the price of oil, you could make significant savings on your energy costs and with around 47% of UK power generated being by gas, electricity prices have also seen reductions.

For 2016, the AIM Energy Action Group approached eight different leading suppliers with the combined buying power of the basket. Best rates were provided by Dong Energy and SSE with Dong better for some supplies and SSE better for others. Both suppliers offer unrestricted fixed price contracts, avoiding some of the ‘take or pay’ minimums that some suppliers include. In making our recommendation we also noted our members current supply arrangements, preferring to retain existing and familiar billing arrangements unless the cost benefits of a transfer are significant.

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Don’t be left in the dark: save energy costs with AIM

The initial results are very impressive and the first set of contracts issued to six AIM members has saved them approximately £11,500 per annum compared to what they were previously paying plus they gained a 29% reduction from their current contracts for gas. Members generally go for a mid-length contract of 2, 3 or 4 years. However, under prevailing market conditions many people are choosing to lock for up to 5 years.

You would pay slightly more than you would over a shorter term but the longer term means you will have secure, low pricing for an extended period. You can accept a new offer from a supplier starting anytime up to 2018 and you can then lock prices in up to April 2021. The benefits of fixed procurement are evident and include:

*Price protection – Contract prices are fixed for the contract duration.

*Budget certainty – Budgets can be predicted and therefore managed

*Security – Provides protection from volatility in the energy market.

 

To take part in the AIM Energy Action Group, please visit the website for further information: AIM Energy Action Group

Or email Ken Shaw at: info@aimenergyaction.co.uk

Or telephone: 02920 259560

 

 

Act Now And Save Money With The AIM Energy Action Group

Over the last six months, we have seen global oil prices tumble due to several factors such as an oversupply of Liquid Natural Gas (LNG), a slump in the Asian gas market and an OPEC policy of keeping their own oil production high – all of which have contributed to flooding the market with cheap oil. This has had the knock-on effect of a reduction in the price of gas and electricity too.

Because gas prices are linked to the cost of oil and with nearly half of the electricity produced in the UK is generated by gas, electricity prices have also seen reductions but to a lesser degree. Unlike gas, the actual energy component of electricity only makes up around 65% of the price because other costs such as transmission, metering and green taxes make up the rest – and they have been increasing.

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It makes economic sense to take advantage of the current energy prices

But why does this matter to museums? Energy costs are one of the biggest bills that museums have to pay, so it makes economic sense to take advantage of the current softer prices. There’s no guarantee that prices won’t fall further, and there are a number of factors that could cause them to go higher, but the AIM Energy Action Group can advise you on the best tariffs and suppliers and help you to lock your prices up until April 2021 thanks to our Fixed Term Procurement which provides long term price certainty.

The AIM Energy Action Group is free to join for all AIM members and it can help to you to review your energy bills, gain competitive quotes and join a bulk energy buying basket to reduce your costs further. For more help, or if you have any questions, please contact Ken Shaw on info@AIMEnergyActionGroup.co.uk or by calling 029 2025 9560.

Download more information about the July 2016 AIM ENERGY ACTION GROUP (EAG) Gas & Electricity Buying Basket

AIM – JULY 2016 – ENERGY ACTION GROUP BASKET

 

 

AIM October E-News Now Online

The AIM October E-News is now available to read online – please visit the AIM Website: AIM October E-News.

News articles this month include:

* AIM Launches New Guidance for Museum Archive Management

*AIM Hallmarks and Investing in Independence Programme – Updates

*Funding opportunities

*Upcoming Conferences, events and seminars

*News about Holocaust Memorial Day, Trustees Week and Arts Marketing Association

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Catch up with the latest AIM news, funding opportunities & events

If you haven’t signed up to the AIM E-News and would like it sent direct to your inbox, please sign up here: AIM E-News Sign Up

If you have any news or events that you would like considered for inclusion in future editions, please email: sassy@aim-museums.co.uk

Beat the chills and bills this winter with AIM Energy Action Group

If the predicted El Nino takes place this winter, as recent news reports have suggested, then the colder than average temperatures will have us all turning up the thermostat. With meteorologists predicting a very cold and snowy winter this year, this will inevitably increase both demand and pricing of gas and electricity.

Even during more temperate winters, energy bills are one of the biggest expenses for museums and heritage sites, but AIM members can benefit from reduced energy costs due to gas prices being at their lowest level for six years, with the support of the AIM Energy Action Group.

AIM’s partners on the scheme, DTA Wales, can approach energy suppliers on your behalf and source free, no obligation energy quotes to save you time and to enable your museum to get a quote as part of a bulk energy buying group. Over 100 AIM members have already signed up to the scheme, saving thousands of pounds in the process.

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Winter is coming: beat the chills and bills this winter with AIM Energy Action Group

Despite the anticipated extreme weather this winter – it’s not all bad news. The current global oversupply of Liquid Natural Gas (LNG) combined with low oil prices and a slump in the Asian gas market means that UK gas prices have hit a record low and the AIM Energy Action Group can source the most competitive prices for you. AIM EAG can find you the most competitive supplier and with approximately 47% of UK electricity being produced by gas, you can make savings on your electric bills too.

“At the moment, both gas and electricity prices are still at their lowest for some time and we are strongly advising all museums who have electricity and gas contracts ending between now and next July to secure low long term prices now before the normal increases that happen each winter occur,” said Ken Shaw, Head of Enterprise at the AIM Energy Action Group.

You can find out more about AIM Energy Action Group on the website

AIM Energy Action Group

Email: info@AIMEnergyActionGroup.co.uk

Tel: 029 2025 9560

Twitter: @EnergyActionGrp

Save Your Museum Money and Energy This Autumn

As autumn gets going and the chill descends, thoughts turn to the high cost of energy bills that most museums face each year. Heating costs are one of the biggest bills that museums have to pay, but this year, those bills might be a bit smaller thanks to gas prices being at their lowest level for six years.

A combination of an oversupply of Liquid Natural Gas (LNG), tumbling oil prices and a slump in the Asian gas market means that UK gas prices have hit a record low, and with around 47% of UK electricity being produced by gas – electricity prices are also looking very attractive right now too.

But to take advantage of these reduced energy costs, you must ensure that you are with the most competitive supplier and on the correct tariff. This can be a confusing and time consuming task, but the  AIM Energy Action Group  can provide all the free advice you need to help cut your energy bills.

“We would urge all museums who so far have not taken up this free service to request quotes now on all contracts coming to an end between now and late 2016,” said Ken Shaw, Head of Enterprise at AIM Energy Action Group. “It is extremely likely that prices will not get any better than they are now. Given the balance of risk and opportunity, we are recommending locking in long term prices whilst they are available.”

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Combat the chills this autumn with reduced energy prices thanks to the AIM Energy Action Group

More information about AIM Energy Action Group

The AIM Energy Action Group is providing a new way for UK museums and heritage attractions to cut energy costs and gain energy advice. Working in partnership with DTA Wales and Touchstone Energy Services, the AIM Energy Action Group is delivering valuable energy services including procurement and energy management.

Website: http://aimenergyactiongroup.co.uk/

Telephone: 02920 259560

Email: info@aimenergyactiongroup.co.uk

Energy Action Group saves members £114,000 so far

The AIM Energy Action Group has already saved 36 museums across the UK £114,000. ThisAIM EAG logo no text is just by identifying over payments they have made of Climate Change Levy.

Museums that have paid too much can claim back their over-payments for the past three years. If this rate of savings was replicated amongst all 1,000 AIM members then they could save over £3 million!

As well as helping identify over-payments of Climate Change Levy, the AIM Energy Action Group is helping museums and historic sites identify over-payments of VAT. VAT on fuel should usually  be charged at 5% to charities, rather than 20%.

The AIM Energy Action Group is a free, no obligation service that can help most museums and historic sites save money on their gas and electricity bills. As well as the services mentioned above those joining the group have the opportunity to get a free, no obligation quote for energy supplies from the bulk-buying energy basket, typically giving savings of 15% but sometimes much more.

ACT NOW: There are opportunities in August to get great prices on electricity contracts. There is still time to join. Contact the AIM Energy Action Group now on:

Email: info@AIMenergyactiongroup.co.uk
Web: 
http://aimenergyactiongroup.co.uk
Tel: 029 2019 0260

Even if you are locked into a contract it is still worth registering with the AIM Energy Action Group. We can ensure you are paying the correct amount for VAT and Climate Change Levy as well as making sure that your contracts are properly terminated within the given window and having a new, no obligation quotation ready for you when the current contract ends. We also provide advice on some of the latest energy saving technologies.

Supported by Arts Council England, Museums Galleries Scotland and the Welsh Government.

Launch of the AIM Energy Action Group – helping reduce energy bills

We are delighted to announce that AIM is launching a new initiative to support member museums and heritage organisations to reduce their energy costs through bulk buying their energy supplies.AIM EAG logo no text

Museums and heritage organisations, like all businesses across the UK, are facing rising costs in energy. Searching the energy market to find the most competitive quotes can be very time consuming. It can also be complicated if you have contracts with more than one supplier, or contracts across a number of different sites. The AIM Energy Action Group can undertake this work on your organisation’s behalf.

The AIM Energy Action Group, is a partnership with DTA Wales and Touchstone Services and offers a range of services to make reducing your energy costs as simple as possible, including:

  1. Reviewing your current bill and supply costs
  2. Providing competitive, no obligation energy quotes
  3. Providing an opportunity to join a bulk buying energy basket

The AIM Energy Action Group can review your current energy contract and establish whether you are over paying. As an energy contract comes to an end, it is usual for an organisation to be put onto a higher ‘out of contract’ tariff. The AIM Energy Action Group will be able to review your tariff and explore the market for more competitive quotes. All quotes offered by the AIM EAG are free, and there is no obligation to take them up. If you do take up a contract through this initiative, you will also be offered the opportunity to join a bulk buying energy group and reduce your energy costs further.

Many commercial and third sector organisations are coming together to work with energy brokers to reduce costs. Some AIM members, such as the Shakespeare Birthplace Trust, have already benefitted from being part of an Energy Action Group and have taken up new energy contracts that are saving them considerable amounts of money. Other organisations have moved into bulk buying groups and are making more savings on their energy contracts.

The AIM Energy Action Group is easy to join and is free to all AIM members. Membership of AIM starts from as little as £40 a year and is open to all museums, galleries and heritage attractions, including local authority museums. As well as access to the AIM Energy Action Group, those who join will get all the other benefits of AIM’s advice and support on income generation, volunteering and many other areas. More information is available on AIM’s website.

The AIM Energy Action Group has its own website, www.AIMEnergyActionGroup.co.uk. To find out more please visit the website or contact us on info@aimenergyactiongroup.co.uk or telephone 02920 259560.