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.
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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’”.