Eon has announced a cut to their gas price of just 5.1% and no cut to their electricity price while wholesale prices have dramatically fallen - by 34% for gas and 23% for electricity.
Responding Will Hodson, co-founder of consumer collective Big Deal, said:
"This is too little too late. Eon's costs have dramatically fallen but they've passed just a tiny amount on to families. The Big 6 always put profits before people."
Notes for editors
About The Big Deal - www.thebigdeal.com
The Big Deal is a consumer collective focused on reducing people's energy bills. We bring together tens of thousands of consumers and use our collective buying power to create exclusive deals.
Launched in March 2014, we now have over 100,000 members and continue to grow. 62% of our members have never or hardly ever switched before - these are the very people who have been let down by the energy market for too long. Moreover, 60% of our members are over the age of 55 and 30% over the age of 65. We have saved the British public over £5 million since we launched.
The Big Deal is a start up business and charges a commission to energy companies. Unlike price comparison websites we are 100% transparent and publish the exact amount of our commission. For our most recent switch that was £20 per fuel, £40 for a dual fuel.