The Energy Advice Line has welcomed EDF Energy’s support for a simplified energy pricing system that would make it easier for consumers to compare prices.
Julian Morgan, managing director of the UK’s leading price comparison, switching and advice service for energy consumers, urged more of the Big Six suppliers to back the plan to replace complex tariffs with a single unit price.
“Trying to simplify tariffs is a very positive move forward and it’s encouraging to see a supplier taking a step in the right direction,” Mr Morgan said.
“However, for this new pricing structure to work the entire market would need to take part.”
In announcing its support for the radical shakeup of the energy pricing system, EDF said it would only do so if other suppliers fell into line.
The proposal for a petrol forecourt-style pricing system for energy has been made by consumer watchdog Which?
Which? says the system would mean consumers only needed one price to compare all the suppliers. However, Ofgem, which has proposed its own simplified pricing system, has said the scheme will be difficult to implement.
“We are eagerly awaiting the publication soon of Ofgem’s energy reforms, which are designed to make the energy pricing system simpler, clearer, and fairer,” Mr Morgan said.
“Consumers need choice but they also need simplicity so that they are in a position to make that choice.
“The current arrangements are untenable if Ofgem and the government really do want consumers to shop around for the best energy deals. They need to have a pricing system which enables them to do that.”
The Energy Advice Line is the UK’s leading impartial comparison, switching and advice service for businesses and householders. It actively campaigns for reform of the UK’s energy market to boost competition, get consumers a better deal from suppliers and lower business energy prices.
The Energy Advice Line’s price comparison and switching service is free and completely impartial. Consumers can obtain energy quotes with a few computer strokes based on a diverse panel of energy suppliers including the major players and smaller independent utility companies.
For further information visit www.energyadviceline.org.uk