Posts Under Power Companies Category

Power Prices Set to Raise

Written by Admin on December 16, 2010 Categories: Bank Loans, Power Companies

Power Prices Set to Raise

Electricity wholesale prices have risen dramatically this month (December 2010). This means that all retail electricity prices will rise soon. Power prices went up this month to almost three times the benchmark price. The benchmark is the price of electricity from new power stations said Powerswitch. Turn it off - Power is going up! What changed this year is that “reliability of supply” is now provided by the market, not byGovernment. The new...

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