Property News · February 27, 2017

Energy bills: more UK customers are moving supplier, figures show


Data supports competition watchdog’s decision last year to encourage switching instead of imposing price capsThe competition watchdog’s decision not to impose price caps on energy bills has received backing from new data showing that the number of gas and electricity customers switching to a different provider rose by almost 30% in 2016.The Competition and Markets Authority (CMA) opted against wide-ranging curbs on bills last year following a two-year inquiry and instead recommended more action to encourage switching. However, the debate on price caps has resurfaced this year after a host of energy providers announced steep tariff hikes. Continue reading…

Source : theguardian.com
Read more…Energy bills: more UK customers are moving supplier, figures show

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