Energy UK comments on prepayment price cap
Following Ofgem's announcement of a temporary price cap for prepayment customers, one of the measures recommended by the Competition and Markets Authority, Energy UK has issued a statement.
Lawrence Slade, chief executive of Energy UK said:
“The industry is committed to ensuring the CMA remedies work to help all consumers, including those on prepayment meters.
“Only last October, the industry launched new prepayment principles to provide improved safeguards for prepayment customers, showing further commitment from the industry to supporting the most vulnerable consumers.
“These principles, coupled with the rollout of smart meters, will improve the experience of prepayment customers and give customers more control over their energy usage and bills, allowing them to both save energy and money”.
Notes to editors