Ofgem turns up pressure on energy companies over unfair pricing – The Guardian

Posted December 16th, 2008 in consumer protection, energy, news by sally

“Energy industry regulator, Ofgem, this morning stepped up the pressure on Britain’s big six energy suppliers over unfair pricing. The regulator acknowledged the companies were on the way to stripping out up to £500m in unfair premiums for customers such as those using pre-payment meters, including many disadvantaged households, but said it wanted faster action. Today it announced that it is launching a consultation process to look at changes to the energy companies’s licences to ban unfair pricing and protect consumers.”

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The Guardian, 16th December 2008

Source: www.guardian.co.uk