Precisely Why Are Domestic gas Prices Still So Excessive?
Wholesale energy prices increased significantly from December 2007 as oil prices climbed steadily all year long eventually
peaking at $147 barrel in July 2008 (Some 'experts' were predicting that oil would hit $200 dollars a barrel towards the end
of year). The impact of the "credit crunch" drove oil prices down to below $60/barrel towards the end of the year, less than
half of their peak in July, and Gas and Electricity prices soon followed.
Suppliers argue that in 2008 when prices started to rise they did not pass on the increases straight away, but British Gas
raised gas prices by 35% and electricity prices by 9% in 2008 just 6 months after a 16% increase - the only decrease we
have seen so far since is a 10% reduction.
Suppliers argue that they have 'brought' energy beforehand at higher prices. All of the 'big 6' suppliers are vertically
integrated and many them have plenty of power generation to cover their supply businesses so they really don't have got to
purchase from the marketplace regularly (although retail will argue they actually do).
While suppliers cannot adjust their prices on a regular basis for household / domestic supplies like they may and do with the
commercial sector due to numbers involved, they offer had loads of opportunities over the last year to complete on more of
Just what is the betting that suppliers cut their prices by using a token percentage after winter 09/10 when they have
maximised their profits. Know more about Erdgas Vergleich Anbieter online hier finden