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Uswitch comments on lowest wholesale energy prices in a decade

Wholesale UK gas and electricity prices have averaged ten-year lows during Q1 of 2016, according to energy market pricing analysts ICIS. Commenting on the figures, Ann Robinson, Director of Consumer Policy at Uswitch.com, says: “Today’s figures prove, yet again, that consumers have been short-changed by token gesture price cuts. Whilst any reduction is welcome, the fact remains that the average big six dual fuel bill has fallen a mere 5.7% since the start of last year. Given record low wholesale costs, suppliers must do the right thing and reduce standard tariffs by a further ten per cent.”

FOR MORE INFORMATION

Jason Wakeford

Phone: 0203 872 5612

Email: jason.wakeford@uswitch.com

Twitter: @UswitchPR

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