Ofgem forcing energy suppliers to make bills easier to read

Energy bills in their current form are often too complex and potentially misleading, energy market regulator Ofgem has recently argued, as new rules forcing suppliers to show the pence per kilowatt of a tariff on the energy bills came into force.

This important piece of information, known as the tariff comparison rate (TCR), will enable customers to compare rates in a much faster and easier way, a media news report on the matter can reveal.

The price must include the basic cost of the tariff plus the standing charge and VAT, while bills will also have to display a “personal projection” or estimate of how much customers will have to pay on any tariff, based on actual usage, as well as an information label with key facts about one’s chosen energy tariff.

A spokesperson for Ofgem said: “The tariff comparison rate is part of our reforms for a simpler clearer, fairer market.”

The TCR will certainly help customers choose the tariff that best suites their needs in a much faster and simpler way, but the truth of the matter is that serious energy savings can only be achieved by implementing solid and reliable energy saving measures, such as the HeatSave wireless thermostatic radiator valves.

The HeatSave wireless programmable thermostatic radiator valves allow users to attain even higher savings in terms of energy and bills, of up to an impressive 30 percent. They are extremely easy to set-up and install, since one will only have to unscrew the existing TRV by hand and replace with the HeatSave wireless radiator valve.

If you want to find out more about the HeatSave wireless thermostatic valves, just contact our dedicated product team, they’ll be more than happy to answer any questions or queries you might have.