Monday, August 15, 2011

Compensation for Those Mis-Sold Energy?

Members of Parliament, the Energy and Climate Change Committee, headed by chairman Tim Yeo utility service on the Big Six energy companies are calling for consumers who were mis-sold energy contracts can compensate.One way is by agreeing to that were not appropriate for them.

Do not let them.than to sign a contract, but also earn a commission.

Some tariffs are extremely complex. Ofgem reports that an estimated 40 percent of consumers who purchase new contract does not end with his new contract can save considerable amounts of money. Even those who spend their working days in power tariff issues is difficult to understand them. Chairman announced that the Energy Minister Yeo when he became confused and attempted to switch utilities. None of the big six energy companies have yet announced plans to compensate consumers who were sold the wrong power contracts, the Big Six, South One of the door-to-door sales campaigns announced will be suspended. Yeo is the Chairman expressed the Energy and Climate Change Committee welcomes the decision.

The report also describes how energy prices rocket and fall like a feather to consomers-like growth, but it is not always the case with power supply business "


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