Electricity bill inertia may provoke consumer backlash
Expectations of falling electricity bills following the recent collapse in oil prices will will require “careful management” to avoid a negative reaction from customers. Keith Maclean, managing director of Providence Policy, told Utility Week that fixed costs now account for a significant proportion of expenditure in the power sector meaning even if there was a knock-on effect on gas prices, the ultimate impact on electricity bills would be fairly limited.