info@torse.co.uk | tel 0115 853 2120

10
Jul

Mark Johnson, a director of Torse Ltd, is interviewed by Maria Loreto Urbina regarding the current energy market in the UK with regards to pricing fluctuation, long term contracts and advice for existing and new clients wishing to renew their energy contracts

Video Content

Here is a brief summary of issues discussed

  • 0:00 > 2:00 | Current energy prices and predicting the future
  • 2:00 > 3:30 | The key players and energy company behaviour
  • 3:30 > 4:20 | How Torse finds the best deal, advises and provides informed quotes
  • 4:38 > 6:10 | Safe advise and secure deals with, ideally, fixed term contracts
  • 6:10 > 7:45 | Negotiating with suppliers and serving notice in advance of renewal
  • 7:45 > 8:40 | If left too late or contracts are not correctly established things can get more expensive
  • 8:40 > 9:46 | Clients could complete contract process but requires considerable experience / time
  • 9:46 > 10:37 | Clients sometimes compare to old prices
  • 10:37 > 11:46  | If you delay the contract process and wait for best price, you could lose any savings

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Category : Electricity Prices | Energy Prices | Gas Prices | Oil Prices | Blog
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
1
Jun

Longer Term Energy ContractsHow 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

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