Cheapest energy tariffs should be offered to all

Energy companies should offer better tariffs
Published on Tuesday, 20 November 2012 09:57
Posted by Scott Buckler

Ecotricity founder Dale Vince believes all energy companies should offer their customers their best price regardless of when they joined or how they pay – including customers on pre-payment meters

The government will detail later how it intends to force energy firms to offer customers the lowest suitable tariff.

Energy Secretary Ed Davey will set out plans for fulfilling Prime Minister David Cameron's pledge last month to bring in legislation.

He will say that companies will have to reduce the number of tariffs to four each for gas and electricity, in a bid to cut the confusing array on offer.

In contrast Ecotricity has always offered customers their best price and founder Dale Vince believes this legislative move is good news for householders.

Ecotricity founder Dale Vince said: "We have an Ethical Pricing Policyand offer just two simple tariffs. All of our customers are always on our best price – no matter when they joined us and regardless of how they pay – including customers on pre-payment meters.

"And, our customers are free to leave us if they wish, at any time, with no penalties.

"The essence of this is the pursuit of simplicity, transparency and fairness in all that we do.

"The Big Six energy suppliers offer hundreds of tariffs between them, including discounted rates that lure in new customers and are subsidised by the 75% of their customers on a standard tariffs, this is predatory pricing."

"This is quite at odds with the approach of the Big Six energy companies who have more than 400 tariffs between them and a complete lack of transparency.  They use predatory pricing to lure in new customers with discounted rates that are subsidised by the 75% of their customers on standard tariffs."

Ethical Pricing Policy: For some time now, Ecotricity have been operating an Ethical Pricing Policy. The essence of this is the pursuit of Simplicity, Transparency and Fairness in all that we do. The key elements of this in practice are:

We offer just two simple tariffs (including one 100% green)

All of our customers are always on our latest best price – no matter when they joined us and regardless of how they pay (including customers on pre payment meters) And, our customers are free to leave us if they wish, at any time, with no penalties.

"It's of fundamental importance to Ecotricity to operate is such a way that treats people the way we like to be treated ourselves."

Source: ©Ecotricity

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