PM: Energy prices are not falling fast enough

With Britain braced for falling temperatures there are calls for energy companies to pass on savings they are making from the decline in the wholesale cost of fuel.

But despite plummeting commodity prices benefiting energy firms, consumers' bills have hardly moved.

ITV News consumer editor Chris Choi reports.

The Prime Minister has told the House of Commons that he agrees energy bills in the UK aren't falling fast enough.

Speaking during Prime Ministers' Questions, David Cameron said:

"We've also got in this country now falling energy prices because of the falling oil price, I agree that they're not falling as fast as I would like."

Labour has said that more needs to be done to tackle high energy bills that are "unaffordable" for many.

Speaking to ITV News, Shadow Energy Secretary Lisa Nandy said that Government ministers need to ask themselves "Whose side are you on?"

"Are they on the side of energy companies who are failing to pass on saving to their consumers...

Or are they on the side of communities trying to power their own homes...

Are they on the side of consumers who are trying to get a reduction in their energy bills because they are, quite simply, unaffordable."

The energy watchdog has said that most consumers on standard variable tariffs have seen "very little" change to their energy bills over the past year.

In a statement to ITV News, Ofgem said:

Energy Secretary Amber Rudd has called upon power companies to "look after their consumers" and put bills down, following a drop in wholesale energy prices.

"I'm saying look after your consumers. Look at the evidence. We need to see these prices come down," Ms Rudd told ITV News.

Energy Secretary Amber Rudd has told ITV News that after plunging energy wholesale prices she is "pressing energy companies to put bills down".

She told ITV News Consumer Editor Chris Choi: "I want to see bills continue to come down we have seen some action but nowhere near enough".