E.ON, EDF, SSE and British Gas contribute £400,000 to energy saving awareness program

Fix energy prices until 30th September 2017

Looking to switch your business energy supplier? Click here

Use our OFGEM accredited comparison tool to compare the whole market today.

Gas ring

Following the "energy summit" that saw the government, industry regulator Ofgem and members from the "big six" energy suppliers meet to discuss the rising prices of gas and electricity, four of the suppliers have pledged £400,000 towards an energy saving awareness program, according to a report published by Energy Choices.

The £400,000 will go towards this winter's Energy Best Deal campaign - with funding contributed by E.ON, EDF Energy, British Gas and SSE (formerly known as Scottish & Southern).

Whilst the summit was expected to conclude with an agreement that would see energy suppliers reduce there rising tariffs, it instead ended with the government promising to help customers switch to cheaper tariffs.

Executive director for Which?, Richard Lloyd was unimpressed by the summit.

He said: "It took years to get into this mess and it will take more than an afternoon to fix it.

"The energy companies are agreeing to measures that should have been put in place long ago. To ensure a real change, we need to the government to produce an energy plan that shows consumers how they'll be getting fair and affordable energy."

In the aftermath of the summit, the amount of people visiting energy comparison sites has gone up by a huge amount. Confused.com stated that by Tuesday, the volume of quotes requested for gas and electricity prices had increased by a massive 128 per cent.

Latest gas and electricity news brought to you by UK Power - the energy price comparison site.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.

Found this page interesting?

Help spread the word and share this page with your friends and family on your social networks.