Discounts fuel long-term deal offers_2
17 August 2012
Electricity purchasers are being asked to sign long-term contracts after some saw prices fall dramatically in April’s round of negotiations.
Buyers in England and Wales saw prices fall by up to 20 per cent. But buyers in Northern Ireland did best, with reductions of up to 30 per cent on last year, as the undersea Scottish Interconnector came on stream at the beginning of the year.
Some suppliers are pushing for buyers to consider an early October round contract based on April prices, said Martin...