Ofgem has told energy suppliers to publish clear details of all their tariffs to make it easier for households to understand if it is worth switching to a fixed deal.
The regulator's signal to firms that it expects them to act on clarity voluntarily follows MoneySavingExpert.com (MSE) founder Martin Lewis writing to Ofgem boss Jonathan Brearley urging him to ensure suppliers openly publish fixes even when they are available only to existing customers. Unlike open-market tariffs, there is no incentive for firms to publish deals open only to existing customers, or make them available on comparison websites.
This is making it difficult for consumers to compare deals and for sites such as MSE to advice people on the best decisions around switching. Ofgem has told suppliers that it will monitor them as usual and is open to taking further steps if it does not see them taking the requested action.
