moneysupermarket supports new energy regulations

Tue, 24 Mar 2009

Price comparison website moneysupermarket.com has backed new rules by energy supplier regulator Ofgen which will see a cut in energy bills for millions of households.

The new package of measures was announced yesterday (March 23rd) which would mean that pre-payment customers would no longer see charges of over £85 than the direct debit rate for energy bills.

moneysupermarket.com has said that the new regulations will provide more "fair" treatment for pre-payment customers and will bring an end to "unjustified" energy bills, with five million people currently missing out on £845 million in savings each year.

The company added: "Pre-payment customers should not be punished for using this type of meter. It is painfully ironic that they pay a hefty price and are charged 15.6 per cent more on average than those who pay by monthly direct debit."

Previously, moneysupermarket.com advised energy customers to move bills online in order to take advantage of the savings available with "paperless" billing.
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