MoneySavingExpert.com homepage
Cutting your costs, fighting your corner
Founder, Martin Lewis · Editor-in-Chief, Marcus Herbert
Search bar closed.
polls-purple

Do you agree with reducing the number of energy tariffs?

23 June 2013

Energy regulator Ofgem plans to cap the number of tariffs suppliers can offer to four per fuel, in a bid to simplify the market. One potential negative is that prices for the cheapest deals could rise, as suppliers won’t be able to offer expensive standard tariffs. These are often £250 a year more than online deals, so they’ll need to make up the difference from somewhere. Which is closest to your view on how the market should look?

poll70.jpg

Energy regulator Ofgem plans to cap the number of tariffs suppliers can offer to four per fuel, in a bid to simplify the market.

One potential negative is that prices for the cheapest deals could rise, as suppliers won’t be able to offer expensive standard tariffs. These are often £250 a year more than online deals, so they’ll need to make up the difference from somewhere.

Which is closest to your view on how the market should look?

Results

A few simple tariffs: Even if the cheapest deals get costlier while the most expensive fall 1,169 votes (28 %)
Many tariffs, as now: Cheaper for switchers, but the rest pay more 844 votes (20 %)
Regulated prices or nationalisation: No competition, the regulator fixes prices 2,167 votes (52 %)

                   4,180 votes received.

We try to use technology to limit voting to one per person. Occasionally, this may erroneously block a few people's votes (eg, from shared offices). Apologies for that.

MSE Forum

Discuss this poll

Forum image
Tools and calculators

Clever ways to calculate your finances

Find your odds of getting top cards
Find your odds for getting a cheap loan
Compare broadband, phone & TV deals
Compares thousands of mortgages
Eight calcs to help you work out the cost
We ensure you’re on the cheapest tariff