Utilities Companies Must Give Customers Notice of Price Hikes

Summary


GAS and electricity suppliers will have to give customers 30 days' notice before hiking up prices after a new rule, which came into force last week, was initiated as part of a crackdown to make providers "play it straight with consumers".

Previous rules allowed energy companies to write to customers up to 65 days after increasing prices, but energy watchdog Ofgem decided to bring in the new regulations to give householders more time to switch their provider before bill hikes.

See the full content of this document

Extract


Utilities Companies Must Give Customers Notice of Price Hikes

Under the new rules, energy supp...

See the full content of this document

Sponsored links




ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

Contents in vLex United Kingdom

Explore vLex

For Professionals

For Partners

Company