Saturday, 16 April 2011

How do power companies get away with it?

"Something everyone needs in their home: power. The U.K’s regulatory body, Ofgem has revealed in an independent report (here) that they believe as many as 6 main power companies (British Gas, E-on, Scottish Power, EDF Energy, N-Power and Scottish Gas) have been providing unfair rates to their customers and covering it up with confusing and misleading rate information. Issues such as the different ways in which the companies charge, the different measurements and over 300 different tariffs amongst companies and the fact that the companies haven’t reduced their rates with the alacrity they increased them, despite tumbling expenses for them lead consumers to lose faith in power companies and rightly so."
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