Tuesday 15 May 2012

E.ON to keep residential #energy prices unchanged in 2012

E.ON, one of Britain's biggest energy suppliers, said on Monday it will not increase energy tariffs for its UK residential customers this year, despite rising wholesale energy prices.

"Unfortunately global energy markets are expected to see an overall trend of rising wholesale prices," Tony Cocker, Chief Executive of E.ON UK said, but he added the would still keep residential prices unchanged.

Cocker's comments come just days after British Gas owner Centrica said the trend for retail energy costs "remains upwards," prompting concerns that household energy bills could rise.

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