Energy firm says bills may be cut early next year

One of the UK’s major energy suppliers has recently stated that it may be looking at cutting energy usage costs early next year if wholesale energy prices continue to fall. The price of crude oil fell earlier this year, and energy firms were slated by consumer campaign groups and officials by not responding to the drop in oil prices by cutting bills, but the energy firms said that the reason behind this was that the cost of wholesale energy was still high. Read more

Tags: Energy crisis, cut, bill, wholesale energy prices, Mayo, wholesale energy, watchdog, step