Greg Hands M.P. has welcomed Government plans to ensure that energy bills are set at the lowest possible price, ending the rip off of multiple tariffs.
The plans announced this week will force energy suppliers to offer their customers the best deals, fulfilling the Prime Minister’s promise to take action to get people the lowest tariff possible.
Under the proposals:
- • Households will no longer face hundreds of tariffs, with energy companies limited to four tariffs per fuel.
- • Energy companies will have to make bills simpler for customers to understand, and outline personalised information on the cheapest tariff that they can offer.
- • Households will be moved onto the cheapest tariff under their supplier that suits them.
With gap of more than £300 between the cheapest and the most expensive tariffs on the market, this is likely to make a significant difference to anyone worried about the cost of their energy use.
Commenting, Greg Hands M.P. said: "The Prime Minister promised to take action to get people the lowest tariffs and he has delivered.
"Households across Chelsea and Fulham will welcome this move to get their energy bills down. It shows that the Government is serious about helping people with the cost of living. Along with tax cuts, low council tax and low interest rates that are protecting mortgage payments, this action on energy prices will really help with family budgets."