Advanced





Consumer group calls for end of heating bill overcharging



A consumer watchdog has called on energy companies to bring an end to systemic overcharging that could have serious repercussions for over 50s.

New research from Consumer Focus has revealed that energy customers are potentially paying a combined 1.66 billion more than they should in 2009 due to suppliers failing to pass savings on made on declining wholesale costs.

With recent research by Alliance Trust suggesting that over 50s spend a larger percentage of their household budgets on utilities than younger people, such amounts could make a significant difference to those already struggling due to the recession.

Philip Cullum, deputy chief executive of Consumer Focus, called on energy companies to "take immediate action to put things right for their customers. A failure to act and to ensure that people pay a fair price for energy could have serious consequences for the sector."

The watchdog also suggested that the government should intervene to ensure price-cuts should suppliers continue to refuse to pass on savings.



To view businesses and services in our Finance section click here




Homebase
Homebase is the UKs second largest home improvement retailer and is recognised for choice, style ...
Silver Travel Advisor
Have your say and you could win a Greek Island villa holiday. If you like holidays and ...
Sky
For some of the most talked-about TV, get Sky TV. In all, we've 100+ digital entertainment ...
Make a Will Online
Make a Solicitor checked Will Online with Gloss Legal
Travel News
All-inclusive holidays 'offer value for money'
Finance News
Recession 'causing problems for over 50s abroad'
Dating News
Online dating 'can give over 50s another chance at love'

We Luv Sweets
New Zealand Holidays
Kirra Tours 100 Percent Kiwi New Zealand Holidays by New Zealanders. Although larger than the UK, New Zealand has a ...
ProstaMax
The only prostate supplement with 100% pure Beta-Sitosterol