Price transparency 'could help find cheap energy' - 10/09/2009
Greater price transparency within the heating oil market could help users to ensure they are benefitting from cheap energy, it has been claimed.
The Consumer Council for Northern Ireland said that "open and transparent" pricing within the home heating market would be good to see.
Antoinette McKeown, chief executive of the group, said that oil is subject to more price volatility than other forms of home heating, meaning that it can be harder for families to budget effectively in this area.
She added that more than one-third of households in Northern Ireland are in fuel poverty and that the council would like to see more innovation within the market so that customers have more options when it comes to paying for their energy usage.
Her comments follow news that one gas provider in the region has confirmed a drop in its prices.
Heating oil prices have also fallen over the course of the last year, the Belfast Telegraph reports.
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