Over the past few months, the UK energy market has seized up. Spiralling wholesale gas prices have let to the demise of 21 energy suppliers and about 2 million customers having to be switched to a new supplier appointed by the energy regulator, Ofgem. For most customers, it has been a story of big price increases as they have found themselves switched to a much higher price than the contract they were on.
However, a new problem has emerged that could affect anyone connecting a new supply to the grid for the first time: suppliers are now refusing to take on new customers in case they end up making a loss.
At this time, it’s more important than ever that businesses take independent advice from reputable energy consultants before agreeing any new contract, don’t be panicked into accepting a contract before doing your due diligence, reputable energy consultants can help.
For more information contact Switched On Solutions.