Tag Archives: Fixed Price Tariff

It’s time to panic!

Wholesale energy markets continue to break into new record highs and the outlook for energy bills gets worse by the day. Today (12 May 2008) we got a thinly veiled warning from British Gas that it was going to announce further price hikes later this year. The actual comment …”While the current outlook for gas prices does create a challenging environment for energy suppliers, we will take the necessary action to deliver reasonable margins in the retail business” … was very understated, but it means only one thing. Bills are heading higher. Continue reading

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