Competitive market good news for users - 08/07/2011
Householders hoping to find a cheap energy tariff could benefit from plans to make the energy market more competitive, amidst more price rises from the Big Six.
Energy secretary Chris Huhne met yesterday with small energy suppliers to discuss how to break the hold of the Big Six; a move described by energyhelpline.com director Mark Todd as "good news for consumers".
The energy comparison site head commented: "With customers now facing a second round of price rises this year, many feel that the market is not working in their favour."
He added: "At the moment, switching is the only game in town if people want to cut their bills."
This news comes on the same day that British Gas became the second of the Big Six energy suppliers to announce a huge price rise. Mr Todd advised consumers to compare energy rates and find a fixed-rate deal in order to avoid even more price rises.
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