Consumers Expected to Flock to Price Comparison Websites as new Energy Laws Threaten to Raise Household Bills
LONDON, May 18, 2012 /PRNewswire/ --
Following the revelation that new laws will lead to increased electricity bills by over £200 per year, consumers are expected to rush to price comparison websites, such as comparethemarket.com, in a bid find savings.
The new legislation revealed in the Queen's Speech will see a number of subsidies for 'green' electricity, the cost for which will be covered through an increase in household energy bills. The Government estimates the new subsidies will add an extra £205 a year to the average household electricity bill over the next 15 years.
Anxious householders are expected to visit price comparison websites to try to find savings. By switching providers, some consumers may be able to move to cheaper tariffs and save money on their electricity bills.
Andrew Stocks, Director at comparethemarket.com said: "Under the current circumstances, one of the easiest things that people can do to help themselves is to compare online for a better energy deal. Consumers will find that comparethemarket.com offers a quick, easy-to-use comparison service for energy providers from across the market, helping them to find some of the best energy prices available to them."
Specialising in more than just energy bill comparisons, comparethemarket.com provides customers with an easy way to find the right deal on a wide range of insurance and financial products including car insurance, home insurance, van insurance, bike insurance, life insurance, pet insurance and credit cards. It also offers comparisons for a range of household utilities including broadband and digital TV.
- comparethemarket.com was launched in 2006 and has grown rapidly over the past six years to become one of the UK's leading price comparison websites.
- comparethemarket.com provides customers with an easy way to make the right choice for them on a wide range of products including motor, home, life, travel and pet insurance as well as utilities and money products such as, credit cards and loans.
- comparethemarket.com actively selects its brand partners, working with the best and most trusted organisations to ensure quality service to consumers.
comparethemarket.com is a trading name of BISL Limited. BISL Limited is authorised and regulated by the Financial Services Authority.
Registered Address: Pegasus House, Bakewell Road, Orton Southgate, Peterborough, PE2 6YS. Registered in England number 3231094.
SOURCE comparethemarket.comBack to top