{"id":47719,"date":"2017-03-12T07:05:09","date_gmt":"2017-03-12T00:05:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/most-of-us-dont-change-energy-suppliers-we-need-to-cap-variable-tariffs\/"},"modified":"2017-03-12T07:12:13","modified_gmt":"2017-03-12T00:12:13","slug":"most-of-us-dont-change-energy-suppliers-we-need-to-cap-variable-tariffs","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/most-of-us-dont-change-energy-suppliers-we-need-to-cap-variable-tariffs\/","title":{"rendered":"Most of us don\u2019t change energy suppliers. We need to cap variable tariffs"},"content":{"rendered":"


\nCompetition can work for the 15% who engage in the market. But after years of privatisation, the majority of consumers haven\u2019t \u2013 and probably won\u2019tThis year I believe we have a real opportunity to make things better for energy consumers. I have been an energy consumer champion for 17 years and, after many years of battling energy companies on mis-selling and a host of other issues, what I do know is that the industry needs to be properly regulated if customers are to get a fair deal. Although I believe in competition \u2013 because when it works it can result in fairer prices \u2013 we have to face the fact that not everyone can and will engage in the market. What we now have is two markets for energy \u2013 one for the regular switchers, who make up about 15% of all households, and another for those who never or rarely switch.Upping the level of switching will have a big impact and there are simple things that could be done to encourage this, such as an annual statement with an improved annual renewal notice, along the lines of motor insurance. But we need to go further. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Most of us don\u2019t change energy suppliers. We need to cap variable tariffs<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Competition can work for the 15% who engage in the market. But after years of...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-47719","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-cpF","jetpack-related-posts":[{"id":40832,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/consumers-urged-to-switch-energy-supplier\/","url_meta":{"origin":47719,"position":0},"title":"Consumers urged to switch energy supplier","date":"January 16, 2017","format":false,"excerpt":"\r Too many are still paying too much for gas and electricity, despite a record 4.8 million people making a changeThe energy regulator and consumer groups have said that too few people are switching energy suppliers, despite latest figures showing a record 4.8 million switched electricity tariff last year. Related:\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63794,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/energy-company-billing-blunders-fall-but-still-cost-consumers-100m\/","url_meta":{"origin":47719,"position":1},"title":"Energy company billing blunders fall \u2013\u00a0but still cost consumers \u00a3100m","date":"August 16, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Energy company billing blunders fall \u2013\u00a0but still cost consumers \u00a3100m","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68256,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/energy-price-caps-due-this-winter-to-provide-early-relief-to-consumers\/","url_meta":{"origin":47719,"position":2},"title":"Energy price caps due this winter to provide 'early relief' to consumers","date":"October 5, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Energy price caps due this winter to provide 'early relief' to consumers","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36172,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/gb-energy-closure-could-trigger-domino-effect-and-raise-prices-for-consumers\/","url_meta":{"origin":47719,"position":3},"title":"GB Energy closure could trigger 'domino effect' and raise prices for consumers","date":"November 28, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...GB Energy closure could trigger 'domino effect' and raise prices for consumers","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49214,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/governments-pledge-to-cut-energy-prices-risks-leaving-consumers-worse-off-ex-regulators-warn\/","url_meta":{"origin":47719,"position":4},"title":"Government's pledge to cut energy prices risks leaving consumers worse off, ex-regulators warn","date":"March 23, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Government's pledge to cut energy prices risks leaving consumers worse off, ex-regulators warn","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76234,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/regulator-sorry-for-not-capping-uk-consumers-energy-bills-sooner\/","url_meta":{"origin":47719,"position":5},"title":"Regulator sorry for not capping UK consumers' energy bills sooner","date":"January 10, 2018","format":false,"excerpt":"\r Ofgem chief Dermot Nolan to not receive bonus as MPs liken him to \u2018a bystander, rather than active participant in the market\u2019The head of the UK energy regulator has said he will not receive his bonus, under pressure from MPs who accused him of being a passive bystander and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/47719"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=47719"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/47719\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=47719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=47719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=47719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}