Householders searching for cheap electricity deals on an energy comparison site might be interested to hear Labour's plans for the future of energy suppliers.
Shadow energy secretary Meg Hillier explained that if the party returns to government it will take action to break the hold of the Big Six on the energy market.
ThisisMoney reported that the politician has backed Ofgem's plans to simplify the billing system in place and replace the 400-plus energy tariffs available with a smaller number of deals to choose from.
"Six large energy companies dominate the market. We think this whole issue should be referred to the Competition Commission to sort out," she commented.
Ms Hillier also reported that Labour is working on plans to set up an expert panel that could give the government independent advice on energy prices.
Meanwhile, Consumer Focus has renewed its call on the energy watchdog to refer the market to the Competition Commission if it cannot guarantee that customers are getting a fair deal from their energy supplier.
If you want to find out more about switching energy suppliers and how you could save up to £453 in minutes, click here.
Share this story with your friends:-
Save up to £300 on your gas & electricity bills at energyhelpline.com
Compare prices from all energy suppliers to find your best deal