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6
Jul

Are E.on Seeking to Increase SME Energy Costs by Reducing Competition From Independent Brokers?

Posted by Comments Off on Are E.on Seeking to Increase SME Energy Costs by Reducing Competition From Independent Brokers?

Warning SignWhat is E.on up to at the moment in the SME commercial energy market? Is there something sinister about E.on’s current behaviour? What’s it all about?

Over recent months E.on’s SME division have been sending out documentation to Brokers, Consultancies and sales agencies for signature relating to a ‘Code of Practice’ and a new ‘updated E.on contract’. Despite the increased efforts of Ofgem and the government to improve market liquidity [Big 6 forced to sell 25% of generation on wholesale market], some energy companies are still making efforts to erode the independent status of third parties; is this to be considered anti-competitive behaviour?

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Category : Electricity Prices | Energy Companies | Energy Prices | Gas Prices | Blog
11
Jan

Sunlight NPowerWith 2011 proving to be a particularly turbulent year for worldwide energy prices, heads are now turning to what to expect in 2012.

With civil unrest in the Middle East unlikely to ease, mixed with increased export capabilities, wholesale prices are expected to fluctuate heavily. European leaders look likely to impose an oil embargo on Iran, with Tehran warning of rising tensions and likely retaliation.

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Category : Electricity Prices | Energy Companies | Energy Prices | Energy Production | Gas Prices | Going Green | Legislation | Oil Prices | Blog
23
Dec

Shocked ManNpower’s continued inability to contribute to the coffers of parent RWE looks likely to move them up the cost saving and asset disposal list.

As RWE struggle to come to grips with the phase-out of nuclear energy in 2022, net debt of over £24 billion, a less than anticipated return on a recent share sale, loss-making long-term gas deals and its failure to setup a joint venture with Gazprom for the takeover of all European generation including the UK, it doesn’t bode well.

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Category : Energy Companies | Energy Prices | Energy Production | Uncategorized | Blog
30
Nov

Ofgem Logo

It has taken 25 years of de-regulation for realisation that the Energy Market is in a mess. Whilst some of us brokers and consultants have been a small but insistent voice over the years, trying to persuade Suppliers not to deal with unprofessional TPIs (Third Party Intermediaries), finally Ofgem could have power and legislation to make this happen by the accreditation of energy brokers and TPIs
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Category : Administration | Energy Companies | Energy Prices | Legislation | Blog