Summary
ANYONE concerned they are not on the most competitive energy tariff should take their chance to shop around now, as the scrapping of the "28-day rule" by Ofgem - the industry's regulator - could see people trapped for a year in expensive deals.
This week Ofgem announced a change to the rules that hitherto tied a customer to a supplier for just four weeks. Under the new system, consumers could be committed for 12 months or more.See the full content of this document
Extract
'Onerous Contracts' Warning Over Ofgem's Green Move
Power firms had argued it was unviable for them to invest in energy-efficient equipment in homes because customers were free to switch to competing suppliers once the work had b...
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