Cheaper Power Tariffs Under Energy Shake-Up
Energy Secretary Ed Davey will flesh out proposals later to ensure all households are on the cheapest gas and electricity tariffs available.
After weeks of confusion about the Government's plans to simplify the market and reduce bills for hard-pressed families, the Liberal Democrat is expected to use an appearance before the Energy Select Committee to give more details.
It is thought energy firms may be prevented from offering more than four tariffs and be required to automatically move customers on to the cheapest one.
The move comes amid long-standing concerns that many households are paying hundreds of pounds a year more than is necessary for gas and electricity because of the confusing array of tariffs.....Read more