Unless the number of new customers each year is substantial compared to the existing customer base, then any proposed changes will make little or no difference to the prices. The ones that would lose out would be new customers.
If these moronic regulators are going to adopt these principles, then surely they should insist that non-big six energy suppliers should also have the "green" taxes applied to them. Essentially they don't have them in order to attract new customers. What is the real difference. Then you have the continuing problem of new energy suppliers setting up with cheap rates to attract customers and then going bust because of it.
---------- Post added at 13:57 ---------- Previous post was at 13:54 ----------
Quote:
Originally Posted by RichardCoulter
According to todays ITV lunchtime news, the bad news is that those of us who receive discounts are likely to lose them to pay for reductions to customers who don't negotiate a lower price.
They also said that they want to ensure that TV contracts are as easy to leave as they are to join, which is exactly what i'll be doing if they try to charge me the full listed prices.
It wasn't made clear if this meant effectively abolishing contracts or removing the loopholes/obstacles that companies put in place to prevent customers leaving.
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It costs money for companies to install with new customers. If those costs are not spread over the length of the minimum contract period then there would have to be large upfront costs instead. Do these people live in the real world?