Energy UK response to Which? on gap between tariffs
In response to Which?'s release that claims the gap between average ‘Big Six’ standard tariffs and the cheapest tariff has widened significantly since the CMA started its investigation two years ago, Lawrence Slade, chief executive of Energy UK said:
"Prices have not and are not rising. Energy companies are consistently bringing down their prices every day both on fixed and variable tariffs. Deals now start at £734, which is more than £200 cheaper than two years ago, with 53 deals under £900 being offered by over 40 suppliers operating in the market.
“People should take advantage of the fantastic deals out there. Suppliers have made it even easier for customers to switch to benefit from the best offers. This week saw the launch of Energy Switch Guarantee, which companies are signing up to, giving consumers even more confidence to switch provider without any hiccups. Almost two million people have switched in 2016 so far which is testimony to industry efforts to engage more with their customers.”