|
Some documents require:
|
Utilities OnlineElectricity
"In March 2001 the New Electricity Trading Arrangements (NETA) replaced the Electricity Pool, which had allowed generators to keep wholesale electricity prices artificially high. As a result of the competitive pressures introduced by NETA, and overcapacity in the generation market, industrial customers have so far saved £1.5 billion pounds." Ofgem
What has your business saved in this same period?
The de-regulated electricity market has brought together the fourteen Public Electricity Suppliers (previously known as the host Regional Electricity Companies) and a number of new independent suppliers.
With the 100's of different electricity tariffs and potential suppliers competing for your business, how do you evaluate each prospective offer? Each supplier offers different prices, different contract terms and even different billing arrangements!
How have each of these suppliers performed since de-regulation?
How has the increases in electricity prices over the last eighteen months affected your business? It may be time for damage limitation especially if your contract was negotiated during the summer or fall of 2002 (probably the lowest electricity prices to date).
Before you start please click on this link and read the latest 'facts and figures' document provided by OFGEM. Utilities-Online (UOL) request prices from as many suppliers as possible and this enables us to provide a 'like for like' comparison with the latest rates available.
U-OL will prepare detailed quotations from a number of suppliers and make recommendations on the individually prepared findings.
Recent Press Releases from Ofgem can be found on our useful links page along with information from the Electricity Association may be of interest.
If you have any questions please visit the OFGEM web site or contact us directly (by Email).
|
