OFTM put prices up 25%

[Deleted User]

I'm off back to Bulb. I think the writing is on the wall for OFTM.

john-306

camelot1971 wrote: »

I'm off back to Bulb. I think the writing is on the wall for OFTM.

I'd left bulb for this lot in September.
Wonder if I can get the £50 referral again?

grumbler

OutfoxTheMarket wrote:

Wholesale energy prices have risen exponentially throughout 2018

Really? Where are you looking/buying?

23 Oct 2018

BBC wrote:

Oil price drops sharply

https://www.bbc.co.uk/news/topics/cmjpj223708t/oil
The price has been falling for the last two months and was about the same a year ago. However, two weeks ago they kept saying

OutfoxTheMarket wrote:

Wholesale energy prices have continued to see unprecedented rises in 2018.

- and in two weeks increased their price again while the oil price kept falling.

VoucherMan

I never watch the energy market, so may not be relevant, but

grumbler wrote: »

Really? Where are you looking/buying?


the oil price kept falling

outfox wrote:

100% green electricity

So the oil price may have little relevance since it's not one of their sources. How's the gas price compare?

Nicholas-bloody-Parsons

grumbler wrote: »

Wholesale energy prices have risen exponentially throughout 2018



Really? Where are you looking/buying?

23 Oct 2018
https://www.bbc.co.uk/news/topics/cmjpj223708t/oil
The price has been falling for the last two months and was about the same a year ago. However, two weeks ago they kept saying

- and in two weeks increased their price again while the oil price kept falling.

Oil price is completely irrelevant when they are selling GAS.


Thanks to "Green" legislation and environmental pressure groups, Oil is no longer burned to create electricity.



Natural Gas Price is up 50% since september. Look :eek:

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EDIT >>>

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source : https://www.nasdaq.com/markets/natural-gas.aspx



Obviously this is spot price. suppliers who buy months inadvance wont be affected so much. hopefully this will fall back.

hareng

Nicholas-bloody-Parsons wrote: »

Natural Gas Price is up 50% since september. Look :eek:

Didnt think it had gone up that much, real shocker.


No wonder they have had to increase the prices to avoid people getting at least £300 in debt by end of winter.
What OFTM should have done is be honest and state the facts and people wouldnt have jumped ship.
Problem will be all other suppliers next year will have to do the same like it or not.


In the last 7 months been with them mines only gone up from £59.6 to £83 ish, revised DD taken 2 days ago leaving £57 in credit.

My beef i would rather opt to paying an even amount building up credit in the summer.