Uswitch comments on Jeremy Hunt’s energy price guarantee announcement

Richard Neudegg, director of regulation at Uswitch.com, comments: 

“By shortening the Energy Price Guarantee to six months, the Government is adding back an unwelcome element of uncertainty to households on what will happen come April.

“If a limited pot of help is available, targeting support at those who need it most is a sensible approach. However, there aren’t many households who won’t be worrying about the cost of energy — and this announcement will reignite those concerns. 

“The Government must address the structural problems of the wholesale energy market as a matter of urgency, including ensuring that consumers benefit from the lower price of energy generated by renewables. Without it, we will continue in this vicious circle of uncertainty.”

FOR MORE INFORMATION

Prisca Simango

Phone: 07971 093 512

Email: prisca.simango@rvu.co.uk

Twitter: @UswitchPR

About Uswitch 

Uswitch is one of the UK’s top comparison websites for home services switching, including broadband, mobiles, SIM Only and insurance. We’ve saved consumers over £2.5 billion off their bills since we launched in September 2000.

In 2022, Uswitch launched its free mobile app, Utrack, to help consumers manage their home energy costs. By connecting to their smart meter, users can track their energy usage hourly, get dynamic insights and calculate potential savings with handy tips. 

Uswitch is part of RVU, a global group of online brands with a mission to empower consumers to make more confident home services, insurance and financial decisions.