20/03/2022
Energy4 has tirelessly helped many companies over the last 2 years move to move to better suppliers.
At one point Renewable was half the price of Petrochemical prices, which exposes the sheer level profiteering by the whole sale Utility market.
The utility market made every attempt to market link Oil&Gas, Nuclear, and Renewable prices together even though there tertiary supplies are independent from one another.
This is a clear attempt at monopoly practices, especially not being transparent and cutting of supply contracts with smaller white label providers who have all gone under.
Many customers did move, however a small percentage did not and now have financial issues.
What they did say over and over again was they listened to TV celebrity Martin Lewis.
https://www.moneysavingexpert.com/news/2021/10/martin-lewis---do-nothing--with-your-energy-supplier/
Martin Lewis who repeatedly said “Do nothing” with your energy supply and go on to the price cap when your deal ends - there's nothing cheaper available, is now u-turning and telling customers they are going to have price increases.
During this period, there were many good prices, I supplied these to my customers. These good prices have been emitted from comparison websites.
https://www.moneysavingexpert.com/news/2022/03/energy-price-hikes-is-now-time-to-fix/
Martin Lewis has made a claim of why prices have gone up, but no supporting evidence.
The claim relates to Ukraine, which is odd as Ukraine was invaded in 2014.
The U.K. only buys 5% of Gas from Russia, the rest comes from countries we are allied with, and are not in a cycle of conflict or war. Therefore any comment about price rises relating to Ukraine needs to be supported with evidence.
The only evidence found is the Oil&Gas industry is trying to recover the high cost of vessel usage during covid-19.
However this does not explain high nuclear and high renewable costs.
Nuclear material is purchased in bulk every 10 years, and last time I checked we are not paying for a Wind God “Sidhe” to provide wind.
https://www.theguardian.com/business/2020/apr/19/supertankers-drafted-in-to-store-glut-of-crude-oil-coronavirus
Martin Lewis has now ended making any comment on utilities, he has now moved to the “no more tools” comment by asking the public to look at;
- Wrong tax code
- Apply for the marriage tax allowance
- See if you were mis-sold PPI
https://www.gloucestershirelive.co.uk/news/gloucester-news/martin-lewis-warns-out-tools-6833173
The money saving expert issued the warning while appearing on the Sunday Politics Show