Dosh Express Responds to Proposed Energy Tariff Reforms

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The financial specialists at Dosh Express have responded to news that energy suppliers will be forced to tell customers their cheapest tariff under proposed reforms by Ofgem.

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It is encouraging to see the Government and Ofgem attempt to make managing and understanding energy bills and tariffs easier.

Energy watchdog, Ofgem, has announced proposed reforms that will force energy suppliers to tell their customers the cheapest tariff they have on offer.

Ofgem says it wants to see an end to the array of confusing tariffs across UK energy companies to make it easier for customers to switch to a cheaper tariff.

They say the plans would allow a simpler, clearer, fairer and more competitive' energy market.

However the proposed plans do not require energy companies to move customers to the cheapest tariff available as suggested by Prime Minister David Cameron. Mr Cameron announced in the House of Commons that the government would be legislating to ensure energy companies were required to give their lowest tariff to customers.

The renewed focus on energy companies comes as many energy providers raised their gas and electricity prices, some by as much as 9%, adding over £100 to household monthly fuel bills.

A spokesperson from Dosh Express said:

“It is encouraging to see the Government and Ofgem attempt to make managing and understanding energy bills and tariffs easier. The recent rise in gas and electricity prices means families need to find yet more money to cover their bills. As winter draws in, many households may find it hard to cope. Hopefully with this new legislation, choosing an energy provider will be easier; in the meantime it is worth comparing different energy providers.”

Dosh Express is the Honest Lender, helping you get to payday. Based in Derby, in the Midlands, the company’s mission is to provide a great lending service to thousands of our happy customers and be a great place of employment for our staff. Please visit doshexpress.com to apply for a loan, and if you are approved cash is usually deposited in your account within minutes, subject to status. Dosh Express, the trading name of Dosh Express Limited, is a consumer lender offering short-term payday loans, is a member of the Consumer Credit Trade Association (CCTA), and is licenced and regulated by the Office of Fair Trading.

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Stephen Reay
Dosh Express
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