Citizens Advice has responded to news that E.On has announced a 5.1% reduction in its standard gas price for residential customers.
Gillian Guy, Chief Executive of Citizens Advice, said:
"Households are paying over the odds on their energy bills.
“Wholesale costs are plummeting but consumers aren't feeling the benefit. The impact of expensive bills, especially during winter, means many customers have to think twice about turning the heating on.
“It is encouraging that E.On is to cut its gas bills but the reduction in savings for people will be modest. The company should also help customers by cutting electricity bills.
“The industry as a whole urgently needs to step up to the plate - suppliers need to play fair with customers and start passing on the major savings they have been making from cheap wholesale costs.”