Energy UK urges transparency from price comparison sites
Switching sites should be encouraged to say how much commission they charge energy suppliers. Comparison sites play an important role in the energy market allowing customers to find the best deal for them and save money by comparing deals and companies. They are quick and easy to use meaning customers can cut bills in no time. However, as the industry becomes more transparent, it is important that switching sites follow suit.
Angela Knight, Chief Executive of Energy UK said:
“Switching energy supplier can be a good way to take control of your energy and comparison sites are a great way to help customers to do this. The energy industry is committed to transparency and we believe letting people know what commission is being paid helps customers make an informed choice and promotes consumer trust, engagement, and competition. The industry is working hard to make switching faster and easier so switching sites need to play their part as well.”