You are here: Home - Household Bills - News -

Energy websites get the go-ahead

Written by:

A number of energy price comparison websites that enable consumers to compare utility prices and get cheaper utility bills have been given the thumbs-up from Energywatch, the industry watchdog.

One of the sites given approval and accredited for impartiality and accuracy was uSwitch, recently embroiled in a controversy about “misleading” consumers in search of cheap utility bills.

In the past week uSwitch has been warned about how it displayed information and was ordered to make changes by the regulator. It has made the changes and Energywatch was convinced that it had done enough to tighten up its procedures in helping consumers to cheaper utility bills and awarded the accreditation.

Throughout this process, uSwitch strenuously denied that its site had “misled” consumers and continued to provide up-to-date and accurate information on utility costs like the gas price.

Alan Asher, Energywatch chief executive, said: “Energy is an essential service and sky-rocketing prices mean that consumers are demanding more competitive prices and cheaper utility bills.

“Comparing prices and switching online is easy. Online price comparison websites can help consumers send a message that if companies do not lower their prices, they will lose customers.”

The Energywatch Confidence Code ensured that accredited Internet price comparison websites delivered trustworthy information, Asher added.


Tag Box




Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Which ISA is right for you? A round up of the six products available in 2017

From cash to innovative finance to lifetime, here's our guide to the ISA products available to savers this yea...

Guide to buy-to-let tax changes

In late 2015, former Chancellor George Osborne announced a range of  tax measures aimed at landlords, which t...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Five fund tips for a 0.25% interest rate environment

With interest rates stuck at a record low 0.25% and expectations rates could fall to close to zero, here are ...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Investing your money

Alliance Trust Plc gives you smart insight into how to invest your money

Money Tips of the Week

Read previous post:
Building societies ‘a vanishing breed’

A leading business advisory firm, Deloitte, has predicted that at least five building societies will disappear in 2007, as financial firms...