Ofgem statement on E.ON price cut

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Commenting on E.ON’s price announcement Ofgem’s CEO Dermot Nolan said: “This is a step in the right direction and it is good to see some movement in energy prices for consumers. We have consistently called on suppliers to explain why retail prices are not falling and this price cut goes some way towards addressing that challenge.”

Well, it’s a step in the right direction but prices should be cut far more especially for the many customers still on standard tariff.
There is no excuse to ripp them off just because they don’t know how to shop around and/or to change supplier or tariff.