OFGEM reported: Dermot Nolan, chief executive of Ofgem, told BBC Radio 4’s “You and Yours” programme that energy companies should cut bills – and urged listeners to switch tariff to get a better deal.
He complained that despite wholesale gas prices on a 6 year low; supply companies have barley cut their rates.
Customers should switch tariff and save up-to £300.
While this is true for domestic customers; it also applies to the commercial market.
Customers who just allow their contract to rollover or blindly accept their supplier’s renewal offer will substantially pay more than those who shop around.
But without understanding the market; you may be threading a potential mine field and may end up paying far more than necessary. It’s therefore important you contact a trusted energy broker like Alpine Utilities to help you procure the best deal.