Energy firms banned from hiking fixed-term tariff deals

Energy suppliers are banned from increasing prices on fixed-term contracts for householders under new rules that have come into force today. Energy regulator Ofgem said suppliers would also be prevented from automatically rolling customers on to another fixed term contract when their current one ends. Its review found many suppliers that offer fixed-term deals could […]

Npower to stop auto-rollover energy contracts for businesses

Energy supplier npower is the latest Big Six firm to announce it will stop offering default auto-rollover contracts to new business customers from April next year. The move, it said, is part of its wider approach to offer small businesses more choice in how they manage their energy costs, with existing customers also benefitting from […]

Ofgem could close ‘protection gap’ for UK businesses

Greater powers for Ofgem to help businesses from brokers who mis-sell energy could help close the “protection gap” on energy issues in the industry. That’s the view of a consumer group who welcomed the energy regulator’s call for the Government to give it more powers to take direct action against “rogue” brokers. Ofgem said it […]

ELN TV