Energy bills made easy
Energy prices are once again in the news, with manifesto commitments and potential government action being considered as some energy suppliers raise their prices before winter.
Some two thirds of consumers remain on a standard variable tariff, which can mean they are paying as much as £300 per annum more than they need too. While there are as many as 30 retail suppliers of gas and/or electricity supplying the market today, surveys suggest more than 30 per cent of respondents have never considered switching supplier, which would equate to some 9 million households across the UK.
This report recommends a significant simplification of energy bills to improve consumer engagement. IPPR