May 19th, 2017

Improving consumer engagement with the energy market

by Molly Hickman

 

The Conservative manifesto for the 2017 general election includes an energy price cap for the single variable tariff. While the aim is to “protect energy customers from unacceptable rises” there are worries that such a policy would lead to reduced competition and pricing issues in the long run. The rationale for the proposed price cap may be questionable, but it has at least brought the topic of energy back into the news; a lack of consumer engagement is a significant and ongoing issue within the sector, affecting the bills people pay and the amount of energy they use.

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