Uswitch comments on Chancellor’s warning that falling oil prices must benefit consumers

Responding to the announcement by the Chancellor that consumers should be benefitting from low oil prices, Tom Lyon, Uswitch.com energy expert, says: “It’s only right that consumers should benefit from lower wholesale energy costs. Whilst quick to pass on rising costs, the big six energy suppliers are yet to reduce bills for the majority of their customers who are on standard tariffs.

“It’s now high time for one of the big six to cut their standard prices and help hard-pressed households, and lay down the gauntlet to the others to do the same.

“With the average bill now an eye-watering £1,265 – 168% higher than a decade ago – it’s little wonder that energy costs top consumers’ concerns. The best advice for those worried about energy bills is to shop around, as our experience shows that on average most people who do can save over £220 a year.”

FOR MORE INFORMATION

Jason Wakeford

Phone: 0203 872 5612

Email: jason.wakeford@uswitch.com

Twitter: @UswitchPR

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