Energy regulator Ofgem has today revealed that the latest forecast retail margins for the big six energy companies have increased from £105 to £114 per customer on a dual-fuel tariff over the next 12 months. Commenting on the latest figures, Ann Robinson, Director of Consumer Policy at Uswitch.com, says: “After this month’s inadequate cuts to standard gas tariffs prices, the revelation that forecast profit margins are increasing will be the final straw for consumers.
“The big six are now officially out of excuses for not making double-digit reductions for standard tariff consumers. Today’s Ofgem figures are the latest evidence that to cut energy bills customers need to take matters into their own hands and switch to a more competitive tariff.”
Jason Wakeford
Phone: 0203 872 5612
Email: jason.wakeford@uswitch.com
Twitter: @UswitchPR
It’s all about “U”!
Thank you for indulging us over the last 20 years by using a small ‘u’ and a big ‘S’ when writing about our brand in your articles.
We are delighted to let you know that you are now off the hook - it’s big U’s all the way (and small s’s) as we undertake our biggest ever rebrand - so let your autocorrect go wild!
Uswitch is the UK’s top comparison website for home services switching. Launched in September 2000, we help consumers save money on their gas, electricity, broadband, mobile, TV, and financial services products and get more of what matters to them. Last year we saved consumers over £373 million on their energy bills alone.
Uswitch is part of RVU, a new business that also owns Money.co.uk and Bankrate.
If you would no longer like to receive our press releases please email prteam@uswitch.com with 'unsubscribe'.