First 12 month energy contract launched

bristolleedsfan

probable more energy companies will follow suit like a cartel

http://www.energyhelpline.com/xhl/news.aspx?tiid=442&p=0

Cardew

There is another thread opened on this subject. I posted this:

Well in my opinion this was inevitable, and is to be welcomed.

The culprits in the main are the comparison networks that have actively encouraged us to switch companies to earn themselves commission. The financial advantages of switching are frequently misleading and one needs to be quite an expert to understand that the savings will not be those claimed by the sites. Obfuscation rules!

It takes considerable clerical effort, and hence money, for the Utility companies to close one account and another be opened.

The costs of the clerical effort above, and the comparison website’s inducements of cashback, ‘free’ champagne as well as money back from Quidco etc is all paid for by us, the consumer, in higher bills.

The Comparison websites are simply parasitic organisations, and let us hope that this overdue ruling puts a nail in their coffin.

Stand by from howls of protest, and a huge publicity campaign from the comparison sites – all disingenuously arguing it is bad for the consumer.

Well done OFGEM!

The Energyhelpline link is the start of that campaign it would appear.