Citizens Advice has responded to the final report from the Competition and Markets Authority’s (CMA) two-year investigation into the UK energy market.
Gillian Guy, Chief Executive of Citizens Advice, said:
“This investigation was intended to make the energy market work for consumers.
“It’s good the CMA will introduce a safeguard tariff for prepayment meter customers - this is a helpful change and will cut bills for some of the poorest people. We remain concerned about those on expensive standard tariffs.
“It’s important both Ofgem and the government keep a careful eye on the market, reviewing the results of this investigation and keep tougher reforms on the table if the intended improvements don’t materialise.”
Related information:
https://www.gov.uk/government/news/cma-publishes-final-energy-market-reforms