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Energy price news update
....
As fuel prices peaked the £1.00 ltr mark, the
energy moguls have stepped in and increased energy prices by
massive margins, there has never been a better time to switch
companies.
Energywatch appears helpless in the wake of our
greedy utility companies. It is time to vote with your feet and
reverse this trend. |
As the Gordon Browns government commits to ramping up
nuclear electricity production, costs are set to rocket and
electricity prices will be forever increasing.
Electricity suppliers will not
be able to keep up with annual fuel price rises and we can look
forward to rising costs many times a year.
Energywatch Scotland said the
recent 22% hike in gas and electricity prices was the "most
serious single event in two years of trauma for energy
consumers".
Cheapest electricity prices will be harder to
source and electricity price deals will become a much sought after
commodity, in the coming decades. Make no mistake about it,
ordinary people will suffer, and the situation
will get much worse.
The stakes are rising in the gas and
electricity markets, both here in the UK and globally, lower
electricity bills are climbing higher up the agenda.
The demand for electricity is
never ending and with the price of gas supply spiralling out of
control, mainly due to Gazprom, the Russian Gs monolopy, the
future of electricity supply prices look
bleak.
Gas turbine is one of the major producers of
electricity in Britain, this has put added pressure on the pricing
strategies of the electric power producers.
The hot potato of nuclear power
makes the outlook very worrying, our nuclear power stations
are old and dilapidated, but the new building program will take
years to complete, if the green movement allows construction at
all.
We have found ourselves caught in a void, one of
many that have been predicted for this century, the demise of
fossil fuels.
If you were wondering where
all the UKs' electricity comes from, here is a
breakdown;
-
39% is from gas
powered generation, a very worrying statistic
-
35% from coal
fired generation, mainly imported,
worrying
-
20% nuclear
powered, worrying
-
4% is from
renewables
-
2%
other
That leaves 6% sustainable, controlled power
generation, things have got to
change.
Switching Electricity
suppliers. 
There is fierce competition in the UK market, but
unravelling the electricity price deals can be
mind blowing!
Fuel and energy supply companies often mask the
real costs of electric supply by using differing
units, measures and price structures, like economy 7. The bottom
line should mean lower electric bills. Discounts for dual
fuel and direct debit payments, often throw more confusion into the
mix.
There are supplier tables and charts to confuse
you, then you need to ask yourself, what happens when the price of
electricity goes up again?
<> and return
to check that you still have the best deal.
It is simple and painless to switch
again!
Do you want to have to keep researching all these
different energy suppliers, just to find the best
deal?
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by Energywatch, the energy consumers watchdog.
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