Announcement

Secretary of State comment on E.ON price cut announcement

This news article was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

16 January 2012 “We have now seen seven suppliers announce energy price cuts, which is really good news for hard-pressed households struggling…

16 January 2012

“We have now seen seven suppliers announce energy price cuts, which is really good news for hard-pressed households struggling with energy bills. We saw big energy price increases last year when suppliers passed on the rising international cost of gas to consumers, and it is right that consumers should also benefit when those international prices fall.

“This is particularly timely news as it coincides with Big Energy Week, a nationwide drive led by Citizens Advice to make sure consumers have the information and advice they need to help keep their gas and electricity bills down, including how to switch to cheaper deals and take advantage of home insulation offers. My message to consumers is this: make the companies work for your money. Shop around, and if you find a better deal, switch.

“I also want to see simpler tariffs and greater competition in the market to help consumers find the best deals, and that is what we are working with the independent regulator Ofgem to achieve.”