2 Energy Companies Become The Latest victims of The Record Energy Price Hikes

MoneyPlus and PfP Energy close their doors as prices reach new highs, 100,000 customers will lose their utility company. Energy providers are experiencing a surge recently, and this has led to over 100,000 UK customers without an energy company. MoneyPlus Energy and PfP Energy succumbed to the increasing market pressure as the The UK’s gas market has been seeing large jumps this week, with chart busting high prices being reached on Tuesday. In the electricity market, prices have also been surging back to 2008 price levels. It is expected to see a a glut of similar small suppliers collapse under…

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Will the Energy Price Cap Mean Higher Energy Prices for My Businesses?

Business energy bills have been steadily climbing for a while now, Why? If you're looking for a good deal, maybe because your contract with your electricity provider is up for renewal soon, you might have been keeping an eye on the energy industry, for the last few months prices have continued to increase. Here we will discuss some of the reasons for this. Why are business energy prices rising? If there's a positive to take from the first lockdown back in the first part 2020, it's that demand for fuel was dropping sharply, meaning demand for energy was at some…

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