Commenting on the CMA’s statement that the SSE/npower merger could result in higher prices for some bill payers, Richard Neudegg, Head of Regulation at Uswitch.com, says: “It’s completely right that the CMA addresses concerns that this deal could result in reduced competition among the bigger energy companies. As the CMA highlights, competition is crucial for delivering cheaper prices for energy customers. “However, with over 60 suppliers in the market there needs to be a focus on the quality of competition, not just the number of suppliers. “Whatever decision the CMA reaches it’s vital that consumers are put front and centre and that they can access good value deals in this market. If this deal does go ahead we’ll be watching closely to see if SSE/npower deliver on their promise of better outcomes for consumers.”
Find out how you could save over £1,000 a year with Uswitch here.
FOR MORE INFORMATION
Ailene Barr
Phone: 020 3872 5610
Email: ailene.barr@uswitch.com
Twitter: @uswitchPR
About us
It’s all about “U”!
Thank you for indulging us over the last 20 years by using a small ‘u’ and a big ‘S’ when writing about our brand in your articles.
We are delighted to let you know that you are now off the hook - it’s big U’s all the way (and small s’s) as we undertake our biggest ever rebrand - so let your autocorrect go wild!
About Uswitch
Uswitch is the UK’s top comparison website for home services switching. Launched in September 2000, we help consumers save money on their gas, electricity, broadband, mobile, TV, and financial services products and get more of what matters to them. Last year we saved consumers over £373 million on their energy bills alone.
Uswitch is part of RVU, a new business that also owns Money.co.uk and Bankrate.
If you would no longer like to receive our press releases please email prteam@uswitch.com with 'unsubscribe'.
