Government response

Ofgem findings on difference in prices between payment methods

Statement by Energy Secretary Edward Davey in response to Ofgem's analysis regarding energy bill charges and payment methods.

From:
Department of Energy & Climate Change, Ofgem and The Rt Hon Sir Edward Davey MP
Published
20 May 2014
This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

In response to Ofgem鈥檚 findings on charges, Edward Davey said:

鈥淚t鈥檚 encouraging that the wide variation in charges between different payment methods has at long last been reduced after Ofgem stepped in - not least because this is helping those on pre-payment meters, many of whom will be vulnerable customers.

鈥� However, people will want to know that even more progress can be made and that鈥檚 where our smart meter roll out will help - and why I want energy firms to replace pre-payment meters with smart meters and offer competitive 鈥榩ay as you go tariffs鈥欌��.

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Published 20 May 2014