Consumers 'should not take rising prices lying down' - 07/02/2011
Customers do have the choice to switch energy provider rather than taking rising prices "lying down", an expert has pointed out.
Mark Todd, director of energyhelpline.com, commented on the news that energy supplier EDF Energy is to increase its cheap gas and electricity prices for domestic customers next month.
"This announcement of an inflation-busting energy price rise is the news that 5.5 million EDF customers have been dreading," he noted.
"It puts £68 a year on the average dual fuel bill at a time when the burden on household budgets is mounting every day with food, petrol and VAT increases."
Mr Todd explained that it is important consumers realise that they have the power to switch gas and electricity supplier as all of the big six power companies have upped their prices.
"The cheapest internet tariff currently costs £876 a year. However, all standard tariffs cost more than £1,000 with the typical standard tariff costing £1,087 a year. Doing nothing is really a recipe for paying more," Mr Todd added.
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