Consumer: Energy bills biggest concern for homeowners

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Rising energy bills are the leading concern of households across Europe according to a recent study.

Around 65 per cent of householders say rising energy prices are their primary concern about the home – more than double those worried about keeping up with the mortgage or rent.

The 2014 Kingfisher European Home Report involved 17,000 people across nine countries.

The report comes as two million customers have fled from the UK energy market’s “Big Six” in favour of cheaper and smaller firms.

Recent figures show legions of beleaguered households have switched supplier in the wake of soaring energy costs.

The data shows an average of 100,000 customers swap their Big Six energy provider for an independent firm every month since June last year.

The UK’s Big Six group of energy firms are npower, SSE, EDF, E.On, Scottish Power and British Gas, and supply around 95 per cent of the country’s power.

Energy Secretary Ed Davey said: “We have almost trebled the number of small suppliers since 2010 and our reforms are making it easier and quicker for people to switch energy suppliers – around two million consumers have switched to independent suppliers since 2010.

“Households could save £200 a year or potentially more by switching supplier, and we encourage all consumers to shop around for the best deal for their energy bills.”

PIC: Simon Hulme

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