Keep it simple: Energy bills made easy

Article

Energy prices are once again in the news, with manifesto commitments and potential government action being considered as some energy suppliers raise their prices before winter.

Some two thirds of consumers remain on a standard variable tariff, which can mean they are paying as much as £300 per annum more than they need too. While there are as many as 30 retail suppliers of gas and/or electricity supplying the market today, surveys suggest more than 30 per cent of respondents have never considered switching supplier, which would equate to some 9 million households across the UK.

This report recommends a significant simplification of energy bills to improve consumer engagement.

Related items

  1. Street scene in financial district, London

    Rule of the market: How to lower UK borrowing costs

    The UK is paying a premium on its borrowing costs that ‘economic fundamentals’, such as the sustainability of its public finances, cannot fully explain. 
  2. A mother and child from behind looking out of a window

    Restoring security: Understanding the effects of removing the two-child limit across the UK

    The government’s decision to lift the two-child limit marks one of the most significant changes to the social security system in a decade.
  3. A group of healthcare professionals sitting in a staff common room in a hospital in Newcastle

    Building a healthier, wealthier Britain: Launching the IPPR Centre for Health and Prosperity

    Following the success of our Commission on Health and Prosperity, IPPR is excited to launch the Centre for Health and Prosperity.