Hudson Energy, founded in 2002, is an energy supplier company involved in distributing both electricity and gas as a part of the Just Energy group. The CEO, Scott Gahn, believes that employees should have transparent communication with customers and aid them most respectably and encourage them to partake in their green incentives to help make a positive impact on the environment. They offer a range of different tariffs and also generate renewable energy from numerous sustainable sources.
Hudson Energy recognises that every business is different and has different energy consumption and tariffs needs. As a result, there are three electricity rates they propose to customers to decide which is best for their business. Firstly and most commonly, clients choose the fixed rate. This means that every unit of energy is always the same price throughout the entire contract and cannot be changed based on the market value.
For small businesses that need reliability and a similar estimate each month, the fixed rate tariff is ideal because it is easier to plan how much money to set aside each month for maintaining the building. In the same way, landlords may have tenants that want to pay similar prices monthly.
On the other hand, the variable rate tariff changes price per unit of energy, as it is based on the market rate, which can fluctuate to either increase or decrease. Although it does not provide the same security each month as the fixed-rate, it can be advantageous when the market price decreases and, subsequently, the energy bills decrease. Even if energy becomes more expensive, you will be notified of this change in advance.
The third rate that Hudson Energy offer is a fixed rate tariff, which is a combination of the two rates above. While some commodities will be fixed-rate, the rest will be index rate and depend on the market value. It is a more reliable tariff than variable, but you can still profit when the market prices are lowered.
As well as renewable electricity, Hudson Energy offers natural gas to their customers; they can even benefit from the combined package of both. Even though natural gas is a fossil fuel and less clean than biomass combustion, it emits over 50% less carbon dioxide than coal and oil.
So it is a better alternative for the environment than other non-renewable resources. Moreover, natural gas is a lot cheaper per unit and hence lowers the energy expenses when switching to it, which many businesses on a budget can appreciate. Also, it is abundant. This indicates that we should be safe to use it continuously for the next few decades without completely depleting it.
This then allows us time to research more sustainable gas sources like carbon-zero biomass, in which organic matter like wood can be combusted for heat instead. The natural gas is carbon offset based, so there is compensation for the emitted gas, and Hudson allows you to choose how green you would like it to be.
Hudson Energy allows its customers to choose renewable energy. They have four primary sources for this sustainable energy, and they are as follows:
Both wind power and hydropower have the same concept, whereby kinetic energy either from wind or water is focused onto a turbine, allowing the generator to convert the energy into electricity. Wind power is the most effective renewable resource when it is located next to a body of water like an ocean because the currents create heavy winds. Similarly, hydropower uses dams to hold water in a reservoir and flow down the pipe, which spins the turbine.
Geothermal power is often overlooked; however, it is claimed to be up to 400% effective and can reduce your energy bills to under half. Because of the problematic conditions necessary for the conversion process, energy suppliers tend to opt for more accessible renewable energy sources, but fortunately, Hudson acknowledges its benefits. Essentially, steam is acquired from under the earth’s surface. The hot water below evaporates upwards is captured so that the turbine can turn the generator to convert the energy to electricity and be sent to the natural grid. From here, electricity is distributed to our houses, or the water is sent to a cooling tower to be returned to below the surface.
Lastly, Hudson Energy used solar power. Solar farms are constructed to install hundreds of solar panels, whereby photovoltaic cells capture sunlight and turn it into electricity. During the day, this is useful, but it can be challenging to focus on this light during the night. Hence, their efficiency is lower than the aforementioned renewable sources, and instead, it may be better to opt for other alternatives. However, methods are being researched to combat this, like solar panels lined with cells on both the upwards and downwards facing sides. Hudson allows clients to decide whether they prefer green energy and which type, allowing for flexibility depending on the business.
Overall, Hudson Energy has lots of range for electricity and gas. They offer three different rates and have a variety of green energy which clients can utilise so that their business can be more sustainable.
Find out more about switching business energy providers here.
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