On 14 October, Ofgem published a summary of its proposals for reform of the energy market. Its stated intention is to ensure simpler tariffs and clearer bills so as to facilitate customer switching. The proposals include:
- each supplier offering only one standard tariff for each payment type;
- Ofgem setting the standing charge, such that the only variable between the suppliers is the unit price;
- the publication of standardised price information; and
- fixed periods and protection from price increases for consumers on more innovative deals.
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