Property News · January 23, 2016

Outrage as loyal energy customers overpay by £300


Around 70% of people are paying way over the odds on one of the big six standard tariffsBritain’s biggest energy suppliers are coming under increased pressure to cut prices amid growing outrage that the 70% of customers on standard tariffs are overpaying to the tune of £300 a year. This week E.ON became the first of the big six providers to announce it would cut gas prices by 5.1% for customers on its standard tariff, from 1 February. The cut, which compares with a 45% fall in wholesale gas and electricity prices, means the company’s direct debit customers on the standard tariff will see their bill fall by £32 to £1,047 a year, saving an equivalent of three weeks’ gas use. Continue reading…

Source : theguardian.com
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