The falling price of oil and gas hasn’t escaped the attention of politicians and householders who are demanding that the “big six” energy firms pass on savings to customers.
E.ON, British Gas, Scottish Power and npower cut their tariffs by between £24 and £35 in the two weeks after the Treasury began investigating energy firms’ prices.
Yet recent intense political pressure is targeted at a portion of overall energy bills – the 47pc that makes up wholesale costs.
A sizeable chunk, 9pc or £112 over the course of a year, goes toward government backed green levies. Government figures show that
Click for more…