The gap between the 'true cost' of energy and what consumers actually pay will swell to nearly £2 billion in 2020 unless there is tougher regulation, a think tank warned today.
The big six energy companies – EDF, Eon, British Gas, Scottish and Southern Energy, Scottish Power and Npower – have agreed to write to customers every year to tell them the firm's best tariffs for them and how to get it, the Government will announce today.
Ovo Energy has bucked the trend of falling gas and electricity prices by announcing up to 90,000 of its customers face a hike in their bills. But will the big six follow, which would hit millions of households?
British Gas will add a comparison table of its tariffs to its bills from April, so customers know whether they can save money by switching to another of its products.