Switchcraft.co.uk said: “The gap between the default price cap and market leading energy deals is as wide as it’s ever been.”
Andrew Long, CEO of Switchcraft, said: ‘An energy retailers job is to manage the difference between wholesale and retail prices. […]Read more Daily Mail February 10 2022
Switchcraft founder and CEO Andrew Long discusses the reason and consequences of soaring energy bills in 2022.Read more talkRadio with James Whale & Ash February 3 2022
“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
Switchcraft, a switching service, analysed more than 18 million energy performance certificates (EPCs), which rate a property’s energy efficiency.
Switchcraft’s research found that tenants paying up to five time more for their heating due to poor energy efficiency.
Switchcraft has offered some top tips on how billpayers can make their money go further.
Switchcraft is at the heart of the energy switching revolution.
Efforts to lower energy bills will continue to flounder so long as most gas and electricity is bought and sold through “opaque” bilateral contracts, Switchcraft has argued.