I know there's an existing thread for TEP, but I'm blowed if I can find it.
Anyway, things aren't looking too good for this share at the moment. Been on a downward spiral for some weeks, after hitting over 4.
Very low volume today, and sells seem to equal buys, so why the continuing drop? Seriously thinking of getting rid, and taking what is now a very small (and I mean small!) profit.

Any experts on TEP like to add their two pennorth?

Princess

Hi - I've migrated to London Energy Online who put their rates up on 31/10/2005 (so possibly less likely to raise again in the near future). With T+ my electric (on their new tariff) will be 234 pa. With LEO 183. For gas with T+ 363 pa, with LEO 301.
Actually a saving of 19% rather than 25% - sorry about that! I did the switch via energyhelpline and they pay 12.50 for transferring via them.

I have difficulty believing this and I may have to wait for the early bills to check it out but IN ADDITION (their booklet tells me) I get 50.40 pa discount for taking both fuels from them and paying by monthly direct debit. I can't believe that this is not factored into their unit prices (though these are covered in a separate leaflet) - but let's wait and see!

Also a nice young lady told me that if I send them my quarterly readings via their website I get a 3.80 discount each time I do it!

They are also tied in with the Nectar card and you can get 3200 points pa (worth 16) just for being a customer and paying by monthly DD - in addition. I am a bit worried though that registering for Nectar points blocks part of the 50.40 discount and I'm currently looking into this.

Having only gone to them because they were cheaper than T+ purely on their rates, all these other things come as nice little surprises - if they work out. At the moment it feels like a win/win/win etc situation!

I'm sorry to those of you to whom this won't sound like good news for T+.

Thanks for that schiff - I will take a close look. However, having bought more TEP at 111.75p I am currently in profit to the tune of a years fuel bills anyway - down a little this morning on very low volumns makes me think that the MMs are after some more. I too may buy again in view of Dividend in early Jan.

The Business Small-Cap Investor column rates Telecom Plus TEP a speculative buy.

looking to buy in on the next dip any new views from a month ago.