Martin Lewis says Ofgem's 'long overdue' energy update is 'better late than'

  • 📰 nottslive
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 52%

Your Money ニュース

日本 最新ニュース,日本 見出し

The energy regulator has launched a consultation on ending the ban on acquisition-only energy tariffs in October, which Martin Lewis says is 'long overdue'

Martin Lewis has welcomed Ofgem's "long overdue" announcement today regarding a consultation to potentially end the ban on acquisition-only energy tariffs this October. Currently, this ban stops energy suppliers from offering deals exclusively to new customers, but Ofgem believes lifting it could boost competition and lower prices in the retail energy market.

Lewis remarked: "In March, I was staggered when Ofgem told me 'there is evidence that removing the acquisition-only tariff ban would benefit consumers', but didn't remove it 'in case it was moving too quickly.' I disagreed and said we should throw the kitchen sink at getting people cheaper deals. So, this is better late than never."

"Most firms are currently happy to sit on their existing customers and profit - where once you could switch and save 30%, now it's a few percent at most. So, in reality, the Energy Price Cap, set up as a remedial backstop rate, is now pretty much the Price.", reports the Mirror.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 96. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Martin Lewis issues smart meter advice to British Gas, OVO, Octopus customersThe Money Saving Expert has sent out a message to energy customers who 'don't want a smart meter' as he urged them to see whether they could find their best deal.
ソース: Daily_Record - 🏆 9. / 89 続きを読む »