23rd February 2018 | Commercial Energy
Prices in Europe’s biggest gas markets surged 50 percent this week ahead of a cold snap that will test the region’s reduced supply options and make price spikes more likely as stocks run low. A late winter blast of cold in north-west Europe has left traders scrambling for gas in British, Dutch, Belgian and French…Read more
23rd February 2018 | Commercial Energy
British Gas-owner Centrica is planning to cut up to 4,000 jobs by 2020 after a dreadful year, the company said on Thursday. Centrica announced plans to accelerate its cost-cutting, saying it will slash an additional £500 million from its annual spending by 2020. It plans to do this by introducing more tech to help customers…Read more
22nd February 2018 | Residential Energy
Energy group Scottish Power has reported losing about 200,000 customer accounts last year, as it faced tougher competition. The company’s 2017 results revealed customer numbers fell from 5.3 million to 5.1m. The decrease contributed to a 51 per cent drop in earnings from its retail supply division, to £98m, Electricity generation earning fell by 36…Read more
21st February 2018 | Commercial Energy
The UK would have enough energy if the Hinkley Point C (HPC) project faced further delays, but nuclear power remains an essential part of the country’s electricity mix, Business Secretary Greg Clark has tole a House of Lords committee. The government does not, however, have a specific target for nuclear energy use in the future,…Read more
16th February 2018 | Residential Energy
EDF has reported a 33% drop in UK earnings despite hiking gas and electricity prices, having taken a hit from the Brexit-hit pound and a drop in customer energy use. The French energy firm said underlying earnings for its UK business tumbled from 1.7 billion euro (£1.5 billion) to one billion euro (£889 million) over…Read more
Oroco Utilities was set up in 2008 to help commercial companies with their electricity and gas contracts.
Since then we have worked with FTSE 100 companies, one-man bands, across all categories.
We have clients in Aberdeen and clients in Truro - nationwide scope.