Switch suppliers ‘to force down energy prices’

Households struggling with energy bills have been told that switching supplier is the best way to force energy companies to slash prices.

Consumer organisations have expressed anger that the large drop in wholesale oil and gas prices is not being passed onto customers in the form of lower tariffs.

Crude oil prices more than halved last year to a nine-year-low of less than $50 a barrel, while wholesale gas prices have fallen by more than a quarter.