After a wave of inflation-busting price hikes, fed-up householders may be in for a bit of good news at last with a drop in energy bills.
British Gas could be the first of the big suppliers to announce a cut over the next few weeks.
Although nothing has been decided, it is believed bills for its 16 million customers could come down by around 6%, saving a typical household nearly £80 a year.
Suppliers are under pressure to drop bills after a slump in wholesale costs of gas and electricity. Consumer Focus’ Adam Scorer said: “When wholesale prices were on the rise energy firms were clear on the need for this to be passed to customers – and this must also be demonstrated as prices begin to fall.”
British Gas yesterday refused to comment but consumers will be hoping other energy outfits follow suit if it does cut bills. The firm increased its gas prices by 18% and electricity by 16% last August, a rise which sparked an exodus of more than 200,000 customers. Passing on wholesale savings is a key demand in the Mirror’s Fair Price for Power campaign.
We are also calling for a Competition Commission probe into the dominance of the Big Six suppliers – British Gas, npower, E.ON, SSE, Scottish Power and EDF Energy.
Two smaller firms, Ovo Energy and Co-operative Energy, have already announced cuts in prices.
07/01/2012 - mirror.co.uk
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