Energy regulator Ofgem will be given powers to order suppliers to cut their prices by the end of the year and Labour will freeze prices until 2017 if it wins the general election in May, Ed Miliband is promising.
The Energy Secretary was grilled by MoneySavingExpert.com on Npower and Scottish Power service, the Green Deal, 24-hour switching and more at an event held at MSE towers.
An additional £70 million will be made available to households under the Green Deal Home Improvement Fund (GHIF), Energy and Climate Change Secretary Ed Davey has announced today at an event at MoneySavingExpert.com.
Scottish Power has been banned from undertaking sales activity for 12 days from today after failing to meet the energy regulator's targets to clear outstanding customer complaints.
Price comparison sites should pay compensation to energy customers who have been misled into switching to deals that were not the cheapest on the market, MPs say.
Energy regulator Ofgem has been criticised by a group of MPs for failing to make sure customers are getting the best value for money. The group has also raised concerns about suppliers' profits.
Customers of the big six energy suppliers are paying up to £234 a year too much for their gas and electricity bills, a competition probe has found. But MoneySavingExpert.com has been saying for years that households could save hundreds by switching.
The Big Deal has partnered with The Sun newspaper to launch a collective switch to encourage households to move to a cheaper tariff. But is it worth switching to?
17 February 2015
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