Energy firms 'faster switching'
Energy minister Ed Davey has set out new measures the government claims will give consumers more control, including making it possible to switch suppliers within 24 hours.
Energy minister Ed Davey has set out new measures the government claims will give consumers more control, including making it possible to switch suppliers within 24 hours.
The Trades Union Congress says the Government's energy proposals "will do little to help" amid what it describes as a "living standards crisis".
Households are spending almost twice as much of their income on gas and electricity as they did a decade ago. This is what a living standards crisis looks like.
But these proposals will do little to help, and look like the result of a desperate search for something to say rather than action to help household budgets.
Ministers need to deal with the root causes of this dysfunctional market and excess profits without jeopardising our future energy security by cutting vital investment in low-carbon energy.
New measures making it easier for customers to switch tariffs aimed at helping curtail energy price hikes for consumers have been slammed.
Switching your energy company or tariff can save money on your bills, and also drive competition in the market bringing further savings.
Energy Secretary Ed Davey will reveal details of a new annual review of the energy market, but will stop short of requesting a full inquiry.