This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

Gas prices expected to hit historic lows

07 May 2015

Last Friday Wholesale Day Ahead gas was trading near 2p per therm lower than it was the same day last year with prices being some of the lowest they have been year-to-date

Technical and fundamental analysis indicates that we may be at the beginning of a repeat of last year’s downwards trend and could see prices drop by 10p per therm, hitting historic lows (see chart below).

This decline has largely been driven by intense competition between suppliers, falling oil prices, a strong currency, high gas storages and a mild winter. 

Scott Harries, Energy Negotiations Manager for Carbon 2018 commented:
“Over April we saw a series of lower highs and lower lows indicating a potential downwards trend, which is great news for buyers. If you haven’t considered changing energy contracts then you really should as substantial savings could be made. I will certainly be monitoring the market over the next few months to procure the best deals around for our clients.”

The message is clear - over the coming weeks companies need to capitalise on this attractive market by securing the best rates available and not missing the boat.


Contact Details and Archive...

Print this page | E-mail this page

https://www.fsifm.com


MOST VIEWED...

View more articles
Article image

Why the Law Says You Need a Nappy Bin Disposal Service

At home, parents are used to disposing of their babies’ used nappies the same way they do any other domestic waste - bagging it up and sticking it in the r...
Article image

Launch event for Young Leader 2021 award announced

Launch of this year's Young Leader of the Year (YLOTY) award, organised by the Emerging Workplace Leaders (EWL) organisation, will take place on 23 June....

Benchmarking maintenance

BSRIA has just published this year's operation and maintenance benchmarking report as a guide for building operators to evaluate their performance against ...
Article image

Commercial tenants protected from eviction for a further nine months

Landlords of commercial property will be unable to evict tenants for unpaid rent for another nine months, the government has announced....
Article image

Who is the ‘responsible person’?

Fire safety technology – such as smoke control systems – is designed to save lives and protect property in a fire....

Compass acquires PPP-IML

Compass further strengthens its support services proposition with the acquisition of PPP-IM, L, the special purpose vehicle of Semperian PPP Investment Par...
https://edition.pagesuite-professional.co.uk/html5/reader/production/default.aspx?pubname=&pubid=78915b1c-0f11-4b5e-9468-ba601ad89761