Nine Energy Firms Face Collapse, what about the Others?
One hundred and seventy firms were awarded licences by Ofgem and many are struggling. Many try to compete by offering ultra-cheap tariffs and this has created an unstable position where these suppliers will find it difficult to remain in business and many others forecast to make losses for at least the next two years. Nine […]
Energy Market Review July 2016 Summary
3nd August 2016 Wholesale prices for gas and electricity have mainly been consistent during July, although they are still higher than previous months. With this in mind, fixing contracts for 2 or 3 years seems to be favourable, especially on gas contracts. Gas Prices rose dramatically at the beginning of the month with the announcement by Centrica that the […]