Opportunity For Enigin Distributors
Enigin Distributors are in ideal position to help commerce and industry face a major hurdle towards financial security in the future.
Many countries face major energy price hikes that will eat into businesses profits but Enigin’s energy efficiency solutions will dent those rises and even lead to increased profits.
As an example substantial energy cost increases are expected to rock Malaysia, this has led commerce and industry there to take steps to save energy to offset the expected price hikes.
The worry over energy prices in Malaysia has led to many businesses investing in energy saving technology, with a 20% increase in orders for energy efficiency solutions during the last quarter of 2009 - providing an ideal opportunity for Enigin Distributors in the area.
In the region only Vietnam and Indonesia have cheaper energy, but Malaysia are due a tariff review as international prices of gas and coal look certain to rise. Since November 2009 prices in Malaysia have increased by 74% for natural gas with coal prices going up by 17%.
With other nations in Asia currently enduring record cold spells fears are that energy price rises will be even higher than previously anticipated.
AmResearch analyst Alex Goh stated:
“Although there has been no Cabinet decision for now, Tenaga Nasional Bhd’s (Malaysia's main energy provider) electricity tariffs will nevertheless be reviewed again in January-February given the Government’s bi-annual energy review policy.”
This story will be repeated throughout 2010 and beyond as most, if not all, nations will face the similar price hikes, this provides an ideal opportunity for all Enigin’s independent Distributors to be able to help business leaders in their communities to offset such changes with Enigin’s leading edge energy saving solutions.
