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  • Energy bills may be going up in 2010 after Britain’s “big six” energy giants told regulator Ofgem it’s unlikely gas and electricity prices will be cut again this year.

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Energy bills may be going up in 2010 after Britain’s “big six” energy giants told regulator Ofgem it’s unlikely gas and electricity prices will be cut again this year.

 

Britain’s energy suppliers have said that further price cuts are unlikely this year despite falling wholesale costs, following an investigation into the energy market by regulator Ofgem

 

Ofgem’s third quarterly energy price report, published today, revealed that the supplier’s margins between wholesale and retail prices have increased by £110 for gas and £80 for electricity, per household.