Energy tariffs 'simplified'

Changes to energy tariffs that the regulator hopes will make it "simpler and fairer" for customers are coming into force today. They include the number of tariffs available will be reduced to just four per customer for both gas and electricity.

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Energy tariff reforms 'aim to rebuild trust in market'

Energy regulator Ofgem has unveiled reforms designed to create a "simpler, clearer and fairer energy market".

The organisation say they are banning suppliers from offering complex tariffs and will take steps to simplify the charging system.

Ofgem hope the changes create a simpler and clear energy market. Credit: PA Wire

Reforms include limiting suppliers to just four tariffs per customer for both electricity and gas.

Further changes, due to be enforced from April, include making suppliers tell customers regularly which of their tariffs are the cheapest.

The body claim the reforms are the biggest changes to the retail energy market since competition was introduced in the late 1990s.

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