13m customers stuck on ‘rip-off’ SVTs.
Our campaign continues to stop families overpaying for gas and electricity.
Industry regulator Ofgem said it would implement the government’s proposed energy cap while urging firms to act now to reduce bills.
It accused some firms of replacing SVTs with fixed-price deals that ‘may not always offer good value’.
Energy UK, the industry lobby, welcomed a 2% fall in customers on SVTs. But the group’s chief executive was later reported* conceding that the industry’s efforts to improve things had come too late.
Read our energy supply advice here.