Consumers should prepare for higher energy prices as power plants close, foreign gas supplies shrink and demand continues to increase, energy regulator Ofgem has warned.
Millions of households are to be moved to better energy deals, with suppliers limited to four tariffs per fuel, under proposals published by the Government today.
Energy regulator Ofgem plans to force suppliers to offer their cheapest tariff to customers, in the latest development in the gas and electricity prices saga.
Tens of thousands of struggling households who owe money to their energy supplier will be freed up to switch to cheaper deals, energy regulator Ofgem has announced.
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.
More than half of EDF's customers are unhappy with the service they get when they complain to the energy giant, according to a survey by the industry regulator.
3 April 2012
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