There is a perception that switching energy providers and/or tariffs is difficult and time consuming, but as long as customers know either how much they currently pay or know their energy consumption - both of which will be on customers' bills - they could make considerable savings on their energy costs, in just a few clicks.
Cardiff, UK (PRWEB) December 24, 2008
Gareth Kloet, head of utilities at Confused.com, comments on the new Online Version 6 tariff from EDF Energy:
"In recent months we have seen mounting criticism, in the market, over energy companies failing to pass on reductions in wholesales gas and electricity prices. EDF's new tariff heralds a welcome change in the industry and today's move can be seen as the start of something more positive for householders. Hopefully, it will signal the beginning of a price war in the energy market, which is something that customers are desperate for. This new tariff is clearly aimed at the mass market.
"The new tariff does well to challenge British Gas's domination of the best-buy tables in four of the UK's 14 separate regions and is clearly great news for customers. However, while we welcome the change, Confused.com urges customers to look beyond these widely publicised best-buy tables; they are useful indicators for typical energy customers, but there are millions of households that do not fall into the industry-defined 'average' consumption category.
"EDF's new tariff is a welcome move and is likely to benefit those who are prepared to switch to an online tariff and pay via direct debit. However, it is important to point out that this is not a change to all of EDF's tariffs, or all regions of the UK. It is, therefore, vital that all consumers shop around for the most suitable energy prices for them.
"There is a perception that switching energy providers and/or tariffs is difficult and time consuming, but as long as customers know either how much they currently pay or know their energy consumption - both of which will be on customers' bills - they could make considerable savings on their energy costs, in just a few clicks."
For further information please contact:
Press Office, Confused.com. 02920 434 398
Joanna Harte/Karen Wagg, Polhill Communications. 020 7655 0550
Notes to editors
Confused.com is one of the UK's biggest and most popular price comparison services. Launched in 2002, it generates over one million quotes per month. It has expanded its range of comparison products over the last couple of years to include car insurance, home insurance, travel insurance, pet insurance, van insurance, motorbike insurance, breakdown cover and energy, as well as financial services products including credit cards, loans, mortgages and life insurance.
Confused.com has all of the 'big six' energy providers on its panel, customers can save £284* on their annual energy bill by switching with Confused.com
Confused.com is not a supplier, insurance company or broker. It provides a free, objective and unbiased comparison service. By using cutting-edge technology, it has developed a series of intelligent web-based solutions that evaluate a number of risk factors to help customers with their decision-making, subsequently finding them great deals on a wide-range of insurance products, financial services, utilities and more. Confused.com's service is based on the most up-to-date information provided by UK suppliers and industry regulators.
Confused.com is owned by the Admiral Group plc. Admiral listed on the London Stock Exchange in September 2004. Confused.com is regulated by the FSA.
*20% of customers saved £284 when switching with Confused.com between January and June 2008