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MSE News: Ofgem outlines plans for simpler energy tariffs

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in Energy
This is the discussion thread for the following MSE News Story:
"Ofgem has today published proposals for simpler energy tariffs, in a bid to create a more competitive energy market ..."
"Ofgem has today published proposals for simpler energy tariffs, in a bid to create a more competitive energy market ..."
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No competition and expensive prices, MASSIVE thumbs down.
Thanks OFGEM.
They can then complete on, and continue to confuse consumers with, the "innovative" tariffs and nothing will really change, will it?
There are rules that govern non standard tariffs as well such as they all have to be fixed price. This rules out tracker tariffs and variable on-line tariffs.
Variable tariffs are riskier options so usually carry larger discounts.
No it doesn't. A Consumer Focus accedited comparison website only requires postcode and annual consumption to provide a list of options in headline price order.
It is non-pricing issues which cause consternation, for example "deferred discount":eek:, "guaranteed discount" and particularly direct debit review calculations over less than a 12 month review period. Yet to read the entire release but any change there?
Most forum posts talk of being billed in £££s, hardly ever kWhrs, though meter readings are proof positive of consumption. Many posts talk of comparing monthly payments. This is not to apportion blame but that is evidence of a massive fail in consumer education.
Simplified comparison and direct dealing with suppliers risks the principle of independent comparison. That will be a consumer disaster. And not good news for MSE.
Save us from reactionary regulators who make rules to help the hopeless.
i.e if the standing charge is, say, £100 per year and kWh charge is 10p/kWh someone with an annual consumption of 1,000kWh is paying 20p/kWh whilst someone using 7,000kWh is paying 11.42p/kWh