Here’s something that you won’t read often in The Spectator: Ed Miliband is right. Britain’s energy market is broken, and a small number of big companies have the upper hand against consumers. But the solution, of course, isn’t state intervention – it’s more competition. That’s why The Spectator is making its own foray into the market.
Under new rules put in place by Ofgem, energy companies are being told to simplify their tariffs. But you can also get a special rate negotiated by a collective of consumers, and our plan is to get enough Spectator readers (and anyone else who wants a good deal) together and then negotiate – something that will be done by a start-up company called the Big Deal on Energy. Its aim is to bring together people who’d be prepared to switch, if the price was right.
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