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Uswitch responds to Greg Clark’s announcement about Ofgem energy supplier league table

Commenting on today’s announcement from Business and Energy Secretary Greg Clark that Ofgem is to publish an energy supplier league table to increase transparency on the numbers of people on expensive standard variable tariffs, Richard Neudegg, Head of Regulation at Uswitch.com, says: “This could be the wakeup call consumers need – two thirds are needlessly overpaying for their energy by almost £200 a year. Anything that helps people take advantage of competition in the market is to be welcomed.

“While a league table of prices based on average energy use will be helpful, households should always run a personalised comparison, based on their own usage and location, to find the best deal for them.

“Making it easier for consumers to access their own consumption data will help them cut through complex bills and find a better deal more effectively.

“Competition is key to making the market work better for consumers, lowering bills and improving service. The CMA spent two years closely examining the energy market – now the industry, Ofgem and Government must continue to implement the CMA’s final package of remedies to give them the proper chance to succeed.”

Find out how you could save over £1,000 a year with Uswitchhere.

FOR MORE INFORMATION

Jason Wakeford

Phone: 0203 872 5612

Email: jason.wakeford@uswitch.com

Twitter: @UswitchPR

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Uswitch is the UK’s top comparison website for home services switching. Launched in September 2000, we help consumers save money on their gas, electricity, broadband, mobile, TV, and financial services products and get more of what matters to them. Last year we saved consumers over £373 million on their energy bills alone.

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