Tom Greatrex MP, Labour’s Shadow Energy Minister, commenting on Ofgem’s proposals to cut switching times, said:

“Anything which makes switching quicker and simpler is to be welcomed. But even the best tariff in an uncompetitive energy market might not be a good deal.

“To get to the root of the problem the next Labour Government will undertake the biggest overhaul of our energy market since privatisation. Our plans will break up the big energy companies, put an end to their secret deals and create a tough new regulator with the power to force companies to cut their prices when wholesale costs fall. And until these reforms kick in, we will put a stop to unfair price rises by freezing energy bills until 2017, saving the average household £120.”

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