vendredi 13 janvier 2012

Quick update following EDF Energy natural gas price cut of 5%


U will find interesting to visit the following site http://www.energy.eu/  to find  the retail (end-user) energy prices for households and usefully compare prices. Prior to EDF action the price was as of june 2011 
€ 0.0442 in the United Kingdom while being € 0.0594 in France according to the site. 
Therefore the recent pricehike in France of 4% allowed by the state (no jokes) while EDF energy is l
owering its prices by5% BBC News - EDF Energy to cut gas price by 5%) can hardly be
motivated by a sharp fall in the priceof wholesale gas over the winter period due to the mild weather, can it? 
Well, ill inspired will of course state that the price cut comes after a price hike of 15% in november,
never the less, on average, EDF energy prices were anyway prior to that 20 to 25% cheaper than GDF
 prices prior to the 4% price increase which now surely deserve a better explanation than the wholesale 
long term contract prices verses the spot... 
Sacre Francois!

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