4 “core tariffs” per fuel for Energy Suppliers in UK
Under the proposed UK Energy Bill soon to be published, utility companies will be limited to just four “core tariffs” per fuel, including one standard variable rate and one fixed-term fixed price tariff and may have to put their customers on the cheapest price available for the tariff type they choose. It is hoped this will end confusion on energy tariffs in the UK which many say are too confusing to understand.
The UK retail market review recently published by its energy regulator (Ofgem) found that many homes were paying hundreds of pounds every year more than they needed to because of the confusing array of tariffs in the market.
Should the same be implemented in Ireland where door-to-door knocking by switching agents is STILL allowed?