How can Torse protect businesses from predicted energy price rises over the next few years?
The economic recession perhaps does have something of a ‘silver lining’ for businesses at the moment. Supply and demand returns to playing a larger part in the price of Oil and Gas; fundamental influencers of the price of Power and Gas in the UK. Maybe something of an oversimplification, however, despite the best efforts of OPEC to maintain artificially high $ per barrel and a reduction in the volatility as the speculators struggle to manipulate the markets their way; we are experiencing a relatively low plateau in Energy prices. Whilst is doesn’t quite hark back to the days of early regulation, with huge savings and fixed prices for up to 5 years [hard to believe!], what we are beginning to see is a fragmented return of longer term business contracts, initially for gas, but also longer-term Electricity contracts. continue
Whilst some of this may sound familiar to many of you subscribed to our news feed, we probably need to keep highlighting the unfair nature of the non-competitive business electricity and gas markets so when the opportunity comes along to voice your opinion or push for change you are aware that it is still an issue yet to be addressed in fairness to business customers.