July 30, 2008
Ofgem sets energy tariff guidelines
With the UK’s major energy corporations currently imposing significant price rises on electricity and gas bills, industry analysts have predicted that millions of Britons are in danger of succumbing to fuel poverty. The government and debt related agencies have also raised concerns that low-income consumers were paying far too much for their energy bills.
In response to these concerns ,energy watchdog ,Ofgem has put in place a set of guidelines that will encourage power providers to offer social tariffs to those consumers who are most at risk from falling into fuel debt.
A spokesman for Ofgem stated that ,previously, online tariffs had cost less than social tariffs but the introduction of these new guidelines would ensure that those individuals and families that are most likely to fall into fuel poverty will receive the best available discounted deals.
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