As the wholesale energy market around the world continues to be volatile, Northern Ireland green
energy supplier for business 3T Power has shared a new feature available for their customers aimed
to help local businesses keep their energy bills under control. 3T Power’s new Instant Price Alerts
feature will allow customers to monitor the price of their electricity, identify spikes in rates, and
make better-informed decisions to reduce the cost of their bills.
With prices going as low as -35p/kWh where it pays to use as much electric as a business requires, to
highs of £4/kWh where it would benefit businesses to switch to a backup power source or make
changes to operating schedules, 3T Power’s initiative has been designed to empower local
businesses to make quick decisions about the best course of actions to reduce their energy bills,
either by switching over to alternative sources, delaying a power-hungry production process, or
simply being more aware of the spike for future budget planning.
Commenting on the new offering available to their customers Shauna Forbes, Director of 3T Power
said, “Wholesale electricity prices have increased by over 300% in the past 18 months, leaving
business customers weary of contracting to a fixed tariff at such elevated costs. Our flex tariff offers
cost control in that businesses can decide when they want to buy power to manage market
fluctuations. The Instant Price Alerts now make the flex tariff more financially sustainable for our
customers.
“Over the past year we have stood side by side with customers who have dealt head-on with volatile
electricity prices and understand the struggle for many businesses when it comes to juggling
planning and curbing out costs with meeting sustainability objectives. This past summer saw a
‘perfect storm’ for the all-Ireland electricity grid due to major power stations being offline in the
South of Ireland, a low-wind summer reducing the amount of electricity generated by turbines, and
increasing global gas costs. Whilst 3T Power also felt the impact of these heightened costs, we
understood the need to continue to support our clients as we weathered the storm together.”
With 99.9% of businesses in Northern Ireland being SMEs, the team at 3T Power have acknowledged
how hard many local businesses have been hit by fluctuating costs and felt compelled to help.
3T
Power’s bespoke price alert service can also allow customers to automate their electricity, by sending
signals to connected devices, telling them when to turn off or on in order to minimise monthly
electricity bills while never hampering business requirements.
“By developing this alert system we have helped our customers to take back some control in a
challenging situation,” added Shauna. “The team at 3T Power
monitors and records wholesale
electricity prices in near real time and can send our clients instant price alerts via SMS or email when
prices reach margins specific to their connection, ultimately allowing them to take action to reduce
or curb energy bills.”
Established in 2017 by Thomas Kelso, David McElrea and Shauna Forbes, the team behind 3T Power
have developed long-standing partnerships with local energy producers and corporate energy users
which go beyond the traditional customer-supplier relationship due to their over two decades’
experience in the energy and renewables sectors in Northern Ireland. The company aims to provide
bespoke, affordable renewable energy solutions to local businesses through its network of locally
owned and operated renewable generators which harness the power of wind, rain, sun and waste to
help local businesses across a diverse range of sectors including manufacturing, hospitality, corporate
and even well-known attractions and venues meet their sustainability needs.