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11th Nov: Petrol companies change prices quickly so why don’t energy companies?

Asked by Rob

Gas cooker ring

Petrol and energy companies work in very different ways. Petrol companies reflect rises and falls in the cost of oil very quickly so we're used to seeing the prices at the pumps go up and down all the time. In contrast, energy companies aim to protect customers from big swings in prices on the wholesale market so domestic bills rise and fall much less frequently.

npower
Answered by npower employee at npower.

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