Quote:
Originally Posted by nomadking
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 ----------
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?
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I don't think that the concept of minimum contracts will be changed tbh, I think they were referring to how easy they make it to join, yet they make it difficult to cancel.