Quote:
Originally Posted by Osem
If people are so concerned about the cost of their energy and so delighted by this news, why have so few bothered to switch tariffs/suppliers? That's something which doesn't have to wait for an election promise to be honoured years down the line and is going to save them far more than any cap on the standard rate tariff (estimated at only £100pa) is likely to yield.
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Mainly because if you want a better tariff, you have to go Direct Debit (this guarantees the Energy supplier their money, as there is quite a bad debt (people not paying) on the Standard Variable Tariffs.
One other thing that the papers/Government never mention - they are insisting that the Energy suppliers roll out Smart meters by 2020, and the companies have to fund this at a total cost of £11 billion.