{"id":651,"date":"2015-08-23T00:00:00","date_gmt":"2015-08-23T00:00:00","guid":{"rendered":"https:\/\/www.thehouseshop.com\/property-blog\/home-owners-overpaying-for-energy\/"},"modified":"2016-09-09T15:24:26","modified_gmt":"2016-09-09T15:24:26","slug":"home-owners-overpaying-for-energy","status":"publish","type":"post","link":"https:\/\/www.thehouseshop.com\/property-blog\/home-owners-overpaying-for-energy\/","title":{"rendered":"Home Owners Overpaying For Energy"},"content":{"rendered":"\n<!-- SEO Ultimate Plus (https:\/\/seoultimateplus.com) - Code Inserter module -->\n<script async>(function(s,u,m,o,j,v){j=u.createElement(m);v=u.getElementsByTagName(m)[0];j.async=1;j.src=o;j.dataset.sumoSiteId='b68b392479b5981b8acf46565e9fe32a0734fc21a1f7c1e60121eaa6ca1a1c64';v.parentNode.insertBefore(j,v)})(window,document,'script','\/\/load.sumo.com\/');<\/script>\n<!-- \/SEO Ultimate Plus -->\n\n<p class=\"style47\" style=\"margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: times new roman;\"><span style=\"font-family: Verdana; font-size: 10pt;\"><br \/>\nEnergy companies in the UK are paying less for the power they supply to consumers, but consumers aren\u2019t seeing the savings passed on to them, according to the latest from consumer watchdogs. Prices on the wholesale energy market have been cut in half over the last 12 months, but household electricity and gas bills are still higher than they were a year ago.<\/span><\/span><\/p>\n<p class=\"style8\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: times new roman;\"><span style=\"font-family: arial;\">\u00a0<\/span><\/span><\/p>\n<p class=\"style8\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: times new roman;\"><span style=\"font-family: Verdana; font-size: 10pt;\">Consumer experts note that the high prices mean that there is plenty of room for better retail prices. Energy firms are estimated to make an extra \u00a32.2 billion right now because they are not passing on the discounts to all consumers. Industry regulator Ofgem is putting pressure on suppliers to pass savings on to customers. An average family could save nearly \u00a3100 if current wholesale price cuts were passed on, according to experts.<\/span><\/span><\/p>\n<p class=\"style8\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: times new roman;\"><span style=\"font-family: arial;\">\u00a0<\/span><\/span><\/p>\n<p class=\"style8\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: times new roman;\"><span style=\"font-family: Verdana; font-size: 10pt;\">Robert Hammond, energy expert for Consumer Focus, the publicly-funded watchdog, was quoted in the <a href=\"http:\/\/www.telegraph.co.uk\/\"><span style=\"font-family: Verdana; font-size: 10pt;\">Telegraph,<\/span><\/a><\/span><span style=\"font-family: Verdana; font-size: 10pt;\"> noting that \u201cThe fact that wholesale prices are at a three-year low adds further to the already heavyweight of evidence that greater energy price cuts are needed.\u201d <\/span><\/span><\/p>\n<p class=\"style8\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: times new roman;\"><span style=\"font-family: arial;\">\u00a0<\/span><\/span><\/p>\n<p class=\"style8\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: times new roman;\"><span style=\"font-family: Verdana; font-size: 10pt;\">\u201cThese declining costs will contribute to energy firms paying less for gas and electricity,\u201d he continued. \u201cSo, it is only right that these price cuts are passed on to consumers, many of whom are struggling to afford high energy bills.\u201d<\/span><\/span><\/p>\n<p class=\"style8\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: times new roman;\"><span style=\"font-family: arial;\">\u00a0<\/span><\/span><\/p>\n<p class=\"style8\" style=\"margin-top: 0px; margin-bottom: 0px;\" align=\"left\"><span style=\"font-family: times new roman;\"><span style=\"font-family: Verdana; font-size: 10pt;\">There are thousands of tariffs, and finding the best one can be confusing. A list of some of the best deals is available online at the <a href=\"http:\/\/www.telegraph.co.uk\/finance\/personalfinance\/consumertips\/6092439\/The-cheapest-energy-deals.html\"><span style=\"font-family: Verdana; font-size: 10pt;\">Telegraph here.<\/span><\/a><\/span><\/span><\/p>\n<p style=\"margin-top: 0px;\">\n<div class=\"style49\" style=\"margin-bottom: 0px;\" align=\"left\">\n<span style=\"font-family: Verdana; font-size: 10pt;\"><strong><a href=\"https:\/\/www.thehouseshop.com\/property-for-sale\" title=\"property for sale\">Property For Sale<\/a><\/strong> <\/span><\/div>\n<p class=\"style47\" style=\"margin-top: 0px;\" align=\"left\"><span style=\"font-family: Verdana; font-size: 10pt;\">The House Shop\u00a0has thousands of homes for sale from all over the UK direct from the owners see them here: <\/span><a href=\"https:\/\/www.thehouseshop.com\/advertise-property-free\"><span style=\"font-family: Verdana; font-size: 10pt;\">property for sale<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Energy companies in the UK are paying less for the power they supply to consumers, but consumers aren\u2019t seeing the savings passed on to them, according to the latest from consumer watchdogs. Prices on the wholesale energy market have been<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/home-owners-overpaying-for-energy\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wl_entities_gutenberg":"","_lmt_disableupdate":"","_lmt_disable":"","spay_email":""},"categories":[16],"tags":[],"wl_entity_type":[602],"modified_by":null,"_wl_alt_label":[],"jetpack_featured_media_url":"","wl:entity_url":"http:\/\/data.wordlift.io\/wl0502\/post\/home_owners_overpaying_for_energy","_links":{"self":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/651"}],"collection":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/comments?post=651"}],"version-history":[{"count":4,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/651\/revisions"}],"predecessor-version":[{"id":8511,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/651\/revisions\/8511"}],"wp:attachment":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media?parent=651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/categories?post=651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/tags?post=651"},{"taxonomy":"wl_entity_type","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/wl_entity_type?post=651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}