As of May 10th, the average retail electricity price has surged by 4.8%. Amidst the current challenges, this hike feels like the proverbial "last straw" for businesses already struggling to stay afloat. With operating costs skyrocketing, enterprises are grappling to maintain their resilience. Consumers, too, are feeling the pinch, concerned about the potential knock-on effects on the prices of other goods and services, and contemplating cutbacks in their spending.