03/09/2018
Over the past few months we have seen a steady increase on the cost of wholesale electricity prices and with the continued uncertainty over Brexit we believe this trend is most likely going to continue.
With Brexit and the "no deal" situation causing uncertainty and the wholesale gas market pushing the cost of the electricity up we are in for a prolonged period of price rises so it is important that we get you onto a fixed energy rate as soon as we can.
If your current contract is due to expire within the next few months you will be contacted by your current supplier offering you a ‘DEAL’ to help cut costs. PLEASE NOTE deals that are being offered are on variable rates and WILL COST you money in the longer term as most suppliers try to take customers away from fixed rates.
An example of this is GO POWER who are taking ALL CUSTOMERS of fixed rates and placing them on variable rates as they are limiting their exposure to continuing price rises over the next two years.
We will always act in your best interest and ensure we get the best deal at that time.
As soon as permitted by law, we will seek quotes for your approval and again I must emphasise speed in returning any documents is essential as we have already seen suppliers cancel quotes inside one day of being issued as wholesale prices have increase by such a margin the suppliers fear a long term loss.
We have attached a link below to illustrate the fear facing suppliers and help you understand our concerns going forward.
PLEASE NOTE should you be contacted by anyone other than Darran or myself claiming to be acting on our behalf please hang up and inform us of the call.
Thank you for your continued support and we hope we can go on saving you money with or without a Brexit deal.
Please see link to attached article
Europe’s natural gas prices have risen to their strongest level for this time of year, lifting the cost of electricity for factories and utilities.