UTILITY SUPPLIES
National
Gas Contract- Regent Gas
The Eastern
Synod, through Mr Philip Wade, was instrumental in
setting up the National Gas Contract in 2001 which
is administered by Chris Ball of Cost Advice Service
Ltd. This Synod only plays a small role in
negotiating the contract and, once the gas contract
has been agreed and signed, the Synod office has
practically no further part to play because all
supply questions are handled directly by Cost Advice
Services Limited who have proved to be very helpful
over the years.
The recent
contract negotiated with Regent Gas is for a two
year period commencing on 1st August 2008
and affects around 120 churches across the Synod
with gas demands ranging from 77,780 Kwh to 511,540
Kwh (2007 figures). Due to volume of gas which is
contracted into, the group have a purchasing power
at a level where suppliers have agreed to allow
others to access this style of product. The minimum
gas volume required to enter the gas contract, when
it is renewed, is 73,266 Kwh. Below this level,
domestic rates apply which are relatively cheaper
than 3.8968p per Kwh but there is no protection from
subsequent price rises.
In June 2008,
the product decided upon is called ‘a Mid Term
Review’ and has a fixed price of 3.8968p/kwh and
standing charge of 112p day for a fixed 24 month
term. Should market prices continue to rise, the
price charged to the group churches will not
increase and this fixed price will continue to
protect the group from sustained price increases
until its expiry in June 2010. However should
prices fall at any time up to the 30th
June 2009, an extension to the agreement can be made
and the new lower prices can take effect from 1st
August 2009, rather than wait until the agreement’s
expiry in 2010. Churches who are part of the large
group has the benefit of being able to take
advantage of falling prices much sooner, ensuring
that any cost savings can be passed to the churches
much sooner than with a standard fixed term, fixed
price product.
Group member
who wish to contact Cost Advice Services Ltd are
asked to contact Chris Ball on 01246 252325.