MSE News: Energy firms must offer (not give) cheapest deals, says Ofgem

moss1

malcolmffc wrote: »

Expect to see all the cheap fixed tariffs vanish the moment these proposals are implemented.

I really don't understand why consumers who are pro-active enough to find the best deal for themselves (and check regularaly that it is still the best tariff) should have to pay more because the majority of the population can't be arsed to spend 15 minutes on uSwitch once a year.

All this talk of "confusing" bills is nonsense - it's primary school maths for goodness' sakes! People need to make take more responsibility for thier financial well-being

my sentiments exactly us who can be bothered to use our time to save money are going to pay more exactly the opposite of every government of the last 15 years including cleg cameron coalition iam well annoyed .

Wywth

wantanswers wrote: »

Show me please with a factual example?

wantanswers wrote: »

That really is an interesting statement Pincher, I really am interested in your example then maybe if correct I can pass it on as callum9999 suggests...it maybe even possible I can do it with confidence, even to a relative, even the whole street maybe! who know after that the Town maybe!

Please stop haranging the fellow MSE'er.

If you were to read the MSE article, even Martin says:
"However, those on a standard tariff in a typical home will still save over £200 a year switching to a fix. Plus, you won't face a rate rise."

If so inclined, show your whole street the article, and get them to review their own situations on a comparison site as the article suggests

Paul_Varjak

Isn't the real issue just trying to make gas & electric prices cheaper? Will the average cost of gas & electric come down by forcing the energy companies to introduce simpler and fewer tariffs? I don't think so.

The power companies will still be driven to increase profits unless the government steps in to curb those profits. And perhaps it is time for the government to rethink the 5% VAT on electric, gas, oil, coal etc?

The consultation does talk of 'vulnerable' customers and energy companies are already required, by law, to provide 'social' tariffs but these are not well-promoted, are of limited availability and do not, I believe, appear on any price comparison sites.

Maybe prices for vulnerable customers, at least, should be 'capped' by government as well?

PennyForThem_2

I am 62

Why should I have to depend on an internet connection and the ability to use a computer to find the best deal? It is prevalent across business - utilities, insurance, mortgage.

Many people for a number of reasons cannot access the internet. Loyalty to a company is not rewarded - and makes consumers extremely cynical - loyalty should be rewarded.

wantanswers

Wywth wrote: »

Please stop haranging the fellow MSE'er.

If you were to read the MSE article, even Martin says:
"However, those on a standard tariff in a typical home will still save over £200 a year switching to a fix. Plus, you won't face a rate rise."

If so inclined, show your whole street the article, and get them to review their own situations on a comparison site as the article suggests

Fair enough, never expected a reply anyway.:)


even Martin says:
"However, those on a standard tariff in a typical home will still save over £200 a year switching to a fix. Plus, you won't face a rate rise."

Does he so we should all believe him should we? is he God?

Can Martin then give me an example of how a typical household can save over £200 a year then by switching. Thats a fair question i think!

I have no intention of showing the whole street until someone gives me proof that a Typical household can save £200 a year by switching...:)

Wywth

PennyForThem wrote: »

I am 62

Why should I have to depend on an internet connection and the ability to use a computer to find the best deal?...

You don't necessarily need to. Most comparison site services offer a telephone based telephone service also

But a computer with internet access can be useful to gain access to some of the better tariffs. The low cost of you submitting your own meter readings without other human intervention, and the cost savings involved with the paper-free communication an online account often offers means those savings can be passed onto you.

Most libraries offer free internet access.

wantanswers

Wywth wrote: »

You don't necessarily need to. Most comparison site services offer a telephone based telephone service also

Just had one.....they gave me information that didn't achieve the savings they quoted for a typical household. How often does this happen?

"Most libraries offer free internet access".

You really are taking the proverbial!

penrhyn

wantanswers wrote: »

Fair enough, never expected a reply anyway.:)


even Martin says:
"However, those on a standard tariff in a typical home will still save over £200 a year switching to a fix. Plus, you won't face a rate rise."

Does he so we should all believe him should we? is he God?

Can Martin then give me an example of how a typical household can save over £200 a year then by switching. Thats a fair question i think!

I have no intention of showing the whole street until someone gives me proof that a Typical household can save £200 a year by switching...:)

You don't save any money by switching, you don't pay the extra, which is a different matter.

wantanswers

penrhyn wrote: »

You don't save any money by switching, you don't pay the extra, which is a different matter.

Sorry i'm not with you on that one, can you explain it?

penrhyn

You won't pay £200 less for your bill by switching, you'll probably pay the same as before, you wont be paying an additional £200.

It made sense before I wrote it down O well??