Research by Switchcraft, found examples of properties listed on Homes 24, a listings site owned by Zoopla, and OpenRent which claimed to have a higher energy efficiency rating than they actually did.
Andrew Long is chief executive of Switchcraft which automatically moves customers on to cheaper gas and electricity tariffs. He says: ‘Energy suppliers love to keep your account in credit and then use your money to run their business.”Read more This is Money January 9 2021
‘I enjoy the warm feeling of knowing I’m not overpaying without having to do anything myself. The switches all happen in the background, my direct debit is changed automatically – and I just get an email saying it’s been done.’Read more This is Money December 26 2020
“With some suppliers understandably behind on their bills with the pandemic, I wouldn’t be surprised if more suppliers quietly bump up direct-debit payment demands,” says Andrew Long, chief executive of SwitchcraftRead more Money Week December 22 2020
Switchcraft.co.uk, added: “If consumers think the cap will protect them from paying over the odds for energy, they are sadly mistaken.”
Switch site Switchcraft, said the decision to move ahead with automatic compensation is a massive win for consumers, and the UK energy industry as a whole.
Switchcraft.co.uk, commented: “The regulators decision to move ahead with automatic compensation is a massive win”
Alex Dickson, head of research at Switchcraft, warns that the price cap does not protect consumers from overpaying for their energy.
Switchcraft.co.uk said: “The gap between the default price cap and market leading energy deals is as wide as it’s ever been.”
“If consumers think the cap will protect them, they are sadly mistaken. And it’s irresponsible for the regulator to suggest otherwise,” Switchcraft.co.uk said
Switchcraft, an auto-switching service, said: “If consumers think the cap will protect them from paying over the odds for energy, they are sadly mistaken.”
Research by Switchcraft, shows that more than a quarter of a million landlords are still renting out homes that don’t comply.
According to auto-switching site Switchcraft, wholesale gas prices are 20% lower than they were when the price cap was last set