Gas and Electricity Guide
Do you want to know more about wholesale electricity prices? Fair enough. Energy is one of the biggest household expenses. You will have noticed energy prices rising rapidly over the past few years. Knowing more about gas and electricity will enable you to reduce your bill.
energyhelpline.com can help you compare energy prices and switch to the cheapest supplier, which could save you hundreds of pounds. If you’ve got any questions, you can phone our call centre which is UK-based and free to call.
Wholesale electricity prices
The price that we pay for electricity is largely dictated by wholesale electricity prices. As 40% of UK electricity coming from gas-fuelled power stations, wholesale electricity prices are in turn directly affected by the wholesale price of gas.
In 2002, wholesale gas prices began to rise at an unprecedented rate. As the world economy has grown, demand has pushed wholesale gas prices through the roof. The UK’s North Sea fields have declined faster than predicted, so the UK has been forced to import more gas from Europe. At the same time, the price of oil has risen massively, which has also driven up wholesale gas prices.
• Wholesale electricity prices: how can I find cheap electricity?
• Wholesale electricity prices: compare cheap electricity suppliers
• Wholesale electricity prices: switch online and get cheap electricity
Wholesale electricity prices have driven up the cost of electricity – but you can find a cheap energy deal quickly and easily with energyhelpline.com. We’ll help you compare every electricity company in the UK, and then you can switch on line. This could save you hundreds of pounds.
In minutes, you can compare ALL electricity companies with energyhelpline.com’s comparison service. Prices may have risen rapidly, thanks largely to the unprecedented increase of wholesale electricity prices, but you can cut your electricity bills. All you have to do is provide some basic details, like your postcode, and our price comparison calculator will show you the cheapest electricity companies, based on specific circumstances.
You can switch to a cheap electricity supplier in minutes with energyhelpline.com, and beat the energy price rise that was brought about by the rising wholesale electricity prices. Once you’ve found the best energy company, you can switch using our website. We will ask for some personal information such as your name and address, and then pass these details securely to your chosen provider. Your new electricity provider will write to you to confirm your switch.