Those who thought that energy regulator Ofgem worked to protect consumers from rapacious energy companies might want to think again.
Latest ill-conceived wheeze from the watchdog was to supply the companies with full details of anyone who had been with the same energy company for three years or more, with the idea that the companies could then contact those consumers with deals to switch supplier. This was based on information from the Competition and Markets Authority that anyone still with their energy company after three years was, rather like those who stuck with the same insurance company, probably paying a lot for their misplaced loyalty, or inertia. Continue reading