We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
Contact Forum Editor

Send an email to our Forum Editor:


PLEASE NOTE: Your name is used only to let the Forum Editor know who sent the message. Both your name and email address will not be used for any other purpose.

Speakers Corner


It's free to register, to post a question or to start / join a discussion


 

50,000 consumers switch suppliers after energy price rise


oresome

Likes # 0

This is the figure claimed by one of the comparison sites since SSE raised prices by 8.2% last week.

On the face of it this is competition at work and will ensure an efficient market and the lowest prices for the consumer.

On the other hand, think of the administrative effort and cost involved in transfering those customers and the commission earned by the comparison sites. Consumers are being constantly churned between the various energy companies for short term gains at an enormous cost that is ultimately borne by the consumer.

I say short term because the other suppliers will follow with price rises as sure as eggs are eggs and the only long term winners will be the comparison sites through commission and the suppliers through higher prices.

I wonder how much all the churning adds to the typical bill?

Like this post
bumpkin

Likes # 0

It is deliberately made complicated, you need to use your loaf when changing.

Like this post
Aitchbee

Likes # 0

Scottish Gas have 'bumped up' their prices too!

click here

Like this post
bumpkin

Likes # 0

Spider9, there is no need to complicate the issue.

Like this post

Reply to this topic

This thread has been locked.



IDG UK Sites

Best Christmas 2014 UK tech deals, Boxing Day 2014 UK tech deals & January sales 2015 UK tech...

IDG UK Sites

LED vs Halogen: Why now could be the right time to invest in LED bulbs

IDG UK Sites

Christmas' best ads: See great festive spots studios have created to promote themselves and clients

IDG UK Sites

Ultimate iOS 8 Tips: 35 awesome and advanced tips for using iOS 8 on iPhone and iPad