Energy companies should play fair with consumers by lowering prices. Research published yesterday claimed consumers are being over-charged by £3 bn on their energy bills. The report from Energyhelpline showed that over the last two years, wholesale gas prices have dropped 51 per cent while electricity prices have fallen 33 per cent. “This could have been passed through as price cuts of around 25 per cent on gas and 11 per cent on electricity for UK households, yet all loyal customers have seen is an average of 5 per cent off gas bills and nothing off electricity bills,” pointed out Mark Todd of the comparison site.
Independent 14th Jan 2016 read more »