Government response

Ofgem findings on difference in prices between payment methods

Statement by Energy Secretary Edward Davey in response to Ofgem's analysis regarding energy bill charges and payment methods.

• From: Department of Energy & Climate Change, Ofgem and The Rt Hon Sir Edward Davey MP
• Published: 20 May 2014

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

In response to Ofgem’s findings on charges, Edward Davey said:

“It’s encouraging that the wide variation in charges between different payment methods has at long last been reduced after Ofgem stepped in - not least because this is helping those on pre-payment meters, many of whom will be vulnerable customers.

” However, people will want to know that even more progress can be made and that’s where our smart meter roll out will help - and why I want energy firms to replace pre-payment meters with smart meters and offer competitive ‘pay as you go tariffs’”.

Visit Ofgem’s website for full details of the findings.

Published 20 May 2014