Wholesale Energy Prices Update 29/06/2018
Energy commodity prices increased sharply last week following an OPEC summit. Although OPEC member countries and Russia agreed to increase production, prises rose on news of potential supply disruptions elsewhere. An incident at a Canadian facility has threated a temporary shortage in North America and President Trump’s isolationist Iran agenda seems likely to remove large…Read more
Heatwave Britain Sets New Solar Record
A national heatwave helped break several solar power-generation records over the weekend, as sun power briefly outshone gas as the UK’s top source of electricity. Solar power broke a weekly output record between 21 June and Thursday 28 June, with the sun creating 533-gigawatt hours of power. It also produced more than 75GWh of power…Read more
We win Regional Consultancy of The Year. Again!
Utility Helpline are proud to announce we won the West Midlands Regional Consultancy of the Year at Energy Live News’ TELCA Awards Show in London last night – for the second year running! The award is merited on the quality of UHL’s customer service and the trustworthiness for which we have become renowned, as well…Read more
What is a commercial energy broker?
A commercial energy broker helps companies navigate the complex business energy market and save money. They compare the best commercial gas and electricity deals, giving businesses a choice of contracts to choose from. But its more than this as well. They guide you through the entire process – gathering information about your consumption, collecting tenders…Read more
Wholesale Energy Prices Update 22/06/18
After falling prices in the run-up to the OPEC meeting, volatility returned to the market last week. Announcements from OPEC nations were met with steep swings in the price of oil. Iran’s statement that it would like to see no increase in output, betrayed an uneasiness about its market share following US sanctions. It eventually…Read more
What is a Letter of Authority?
Keeping on top of your utilities can sometimes seem major task… you need to be across so many different things it’s a wonder we ever actually get to turn the lights on. And that is precisely where Letters of Authority come in. Rather than the supplier continually having to contact you, as the customer, or…Read more
Russia’s Saudi Hiding to Preclude Oil Deal
Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman reportedly met to discuss a boost in oil production before Russia’s 5-0 hiding of Saudi Arabia in the opening game of the World Cup yesterday. The leaders of the two largest oil exporters discussed their petro-alliance and how they could continue to control oil…Read more
Wholesale energy prices update 08/06/18
Market volatility continued to shake markets last week as political events continued to influence prices. Sanctions on Iran and collapsing oil output in Venezuela were causes of concern as traders wait for news at the next OPEC summit on 22 June. Saudi Arabia and Russia continue to indicate that they will lift production limits. This…Read more
Business Energy Prices – May Roundup
Wholesale business energy prices continued on a steep upward trajectory in May, driven by geopolitical events that have spooked markets. On the domestic energy market, rising wholesale costs prompted SSE to join rivals and increase bills for household customers. Typical dual fuel customers will see their prices increase by around £76 a year from July….Read more
Wholesale energy prices update 25/05/18
The market volatility continued last week in response to ongoing and emerging political issues. Particularly, Trump’s unexpected cancellation of the North Korea summit and the ratcheting worries over Iran further troubled the market and pushed oil up to $80 a barrel, even in spite of an unexpected rise in American storage. Further into the week,…Read more