LATEST NEWS PreviousNext

MemberNews: DCC to acquire Chevron's UK Oil Distributor..._

In the News - Switching

Energy customers switch to more expensive suppliers

Ofgem are investigating claims that energy customers were persuaded to switch to more expensive suppliers. Last year 63% of electricity customers on prepayment meters switched their provider to one of the three most expensive providers (British Gas, E.ON and NPower). The same is true for 56% of gas customers. This is thought to be caused by aggressive selling to the most vulnerable customers. The news comes as Ofgem announced plans to tackle fuel poverty last week (reported 'In the News' 30 May). The plans were criticised for not doing enough to tackle the problem. Switching is part of the Government's plan to tackle fuel poverty. However current figures for prepayment meters show switching is having the reverse effect.

(Sources: Times Online)

Rate these businesses/organisations:

Post to: Digg | Del.icio.us | Stumbleupon | Reddit | Facebook | Newsvine

04-Jun-2008 10:29:13

View all news articles

RSSSign up to Plebble's RSS feed here to keep up to date on all the latest stories.

Latest Ratings 02:07:39 08-SEP-2008

Best Performers* 02:07 08-SEP-2008

1. Colchester Classics4.29
2. Be Unlimited3.96 -
3. Craggy Island3.90
4. Plain Lazy3.86
5. Waitrose3.77
6. John Lewis3.73
7. Waterstones3.70
8. Savebuckets.com3.70
9. Noodle Doodle Limited3.60
10. Google3.58

Worst Performers* 02:07 08-SEP-2008

1. Foxtons Estate Agents-4.68 -
2. British Gas-4.24
3. The Labour Party-4.21
4. BT-3.68
5. NPower-3.42
6. Orange-3.39
7. Abbey-3.07
8. British Airways PLC-2.98
9. Tiscali-2.85
10. The Carphone Warehouse-2.38

* for businesses with more than 10 ratings

More Analysis »