Energy UK comment on Ofgem's data on SVTs
Following Ofgem's publication of data on Standard Variable Tariffs (SVTs), Energy UK has issued the following statement.
Lawrence Slade, chief executive of Energy UK, said:
“Industry is committed to make the energy market work for everyone. That is why we urge all customers to make sure they are taking advantage of all the deals on offer from over 40 active suppliers in the market.
“We encourage customers to check they are on the best deal either with their current supplier or another supplier.”
“The Energy Switch Guarantee is now in place to give consumers peace of mind that switching is easier and quicker than ever. Over four million customers have taken up the power to switch this year and millions more have changed tariff with their current supplier.”
Call to action:
*call their supplier first to check for a new deal. Four times as many people prefer to move to a better deal with their current supplier than to switch to a new provider.
*use an Ofgem accredited price comparison site to switch to a new company
*check any new supplier provides schemes such as the warm home discount for those who are most vulnerable.
Notes to editors: