Is there going to be a drop in gas bills?

31 October 2014

BURNING BLUE FLAME ON GAS COOKER HOB. Image shot 2006. Exact date unknown. Everyone knows that energy bills are far too high and the chances of any of the providers doing anything about it are slim to bugger-all.

However, there's a glimmer of hope for us all as wholesale gas prices in the UK hit a record low today, which means that there's increased pressure on our beloved energy firms to cut our household bills.

So what's the latest drop in price all about? Well, Ukraine and Russia have signed a deal which will see Moscow resuming gas supplies over the winter, guaranteeing delivery to the EU. Seeing as Russia provides around a third of Europe's gas, this is good news.

Thanks to the unseasonably warm weather we're having this time of year, British households are avoiding putting the heating on, which is also having an impact on bills.

Ofgem have said that they are chasing up Britain’s energy suppliers on why they had not passed the significant falls in wholesale costs on to customers this year.

With all these factors, we might just see some price drops in our bills, but don't hold your breath.

TOPICS:   Utilities   Motoring

1 comment

  • Fat H.
    A drop in wholesale price means more profit for the greedy CUNTS! Don't hold your breath? We may have to since the only gas we'll be able to afford is the one that comes from our arse.

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