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It is generally acknowledges that Britain\'s energy prices are on the rise Authentic Demarcus Lawrence Jersey , from the increasing scarcity of fossil fuels to natural gas and crude oil from Europe and the Middle East. However, a recent investigation conducted by energy industry regulator Ofgem has sparked new hopes for UK consumers, with the apparent discovery that energy companies have reaped profits of 38 per cent.

If energy companies are earning substantial profits without passing these benefits on to their customers, this is cause for concern for the energy regulator - which found that profits from one firm\'s dual fuel tariff have increased from £65 to £90 over the last few months. In the face of existing scepticism from customers over the price hikes imposed by a number of Britain\'s major energy suppliers Authentic Jason Witten Jersey , such information would likely cause further disappointment, and encourage consumers to look elsewhere for their utilities.

Several years ago, prior to the worst of the energy crisis, it wasn\'t uncommon for households to remain with the same energy supplier for many years - sometimes even decades Authentic Dak Prescott Jersey , in the case of longer-running firms - without investigating alternatives. Recent price hikes have made such brand loyalty largely into a thing of the past, as more energy customers are now finding themselves increasingly dissatisfied with rising prices for their gas and electricity bills.

Ofgem\'s investigation promises to look \'behind the numbers\' to discover the real reasons behind the increase in energy prices charged by Britain\'s seven major energy suppliers, which some are hopeful could lead to a drop in fuel costs over the next few months. The overall aim would be greater transparency, which should serve to make consumers more satisfied with the service provided by their utility companies.

On the other hand Authentic Ezekiel Elliott Jersey , many people are more concerned with Ofgem itself, and other regulators and government agencies, which they feel have not taken sufficient action to step in until the situation reached its current levels. If the regulator succeeds in limiting price rises or securing fixed rates for a certain term, this could serve to renew public confidence in the industry.

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