Newspaper launches cheap energy campaign - 19/01/2009
The Sunday Herald has launched a new campaign designed to encourage energy suppliers to reduce their prices, according to the paper's website.
Fuel poverty in the UK is thought to have spread significantly in recent months as the result of substantial price rises from all the major energy suppliers, but although wholesale costs have dropped dramatically since the autumn these cuts have not yet reached the consumer. Price fluctuations take time to filter through to homeowners, but critics argue that energy suppliers are quicker to respond to rises in the wholesale market.
Gavin Brown, energy spokesman for the Scottish Conservatives, told the paper: "People understand that prices go up and down, but they don't understand why price increases are passed on more swiftly than price decreases. The utility companies certainly have a case to answer."
The vast majority of Scottish consumers have never switched their energy supplier, despite the availability of cheap energy rates. In addition, there are over 650,000 homes paying a premium by using prepayment meters.
The paper has pledged to take action to help Scottish homeowners pursue cheap energy.
If you want to find out more about how to compare energy suppliers and save up to £378 in minutes, click here.
Save up to £300 on your gas & electricity bills at energyhelpline.com
Compare prices from all energy suppliers to find your best deal