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Uswitch comments on Ofgem proposals to safeguard consumers’ cash

Ofgem has today published proposals to protect customers’ money if an energy supplier goes bankrupt. Commenting on the news, Tom Lyon, energy expert at Uswitch.com, says: “With more and more energy suppliers entering the market, it’s essential that strong consumer protection measures are in place. In the unlikely event that an energy supplier goes out of business, it’s only right that the credit balances of consumers should be protected, in addition to ensuring their energy supply is guaranteed. We welcome these proposals from Ofgem, which, if implemented, will give customers increased confidence when shopping around.”

FOR MORE INFORMATION

Jason Wakeford

Phone: 0203 872 5612

Email: jason.wakeford@uswitch.com

Twitter: @UswitchPR

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