Ofgem's reforms endorse the proposals in the Government's Energy Bill currently in parliament. They include making the market simpler by restricting suppliers to offering four simple core tariffs per fuel type, requiring suppliers to give all their customers personalised information on the cheapest tariff they offer for them, and new rules which require suppliers to send clear bills which are easier for customers to understand.
Ofgem's reforms will be in place by this summer, and the Government' Energy Bill will underpin these reforms and ensure all customers are getting the best deal on their energy bills by 2014.
Local MP Steve Brine said: "I know that people across Winchester & Chandler's Ford are concerned about their energy bills and it is right that action is being taken to bring them down. Ofgem's reforms take a big step in the right direction, and follow the Prime Minister's promise last year to get the lowest tariffs for consumers."
The Prime Minister, David Cameron, said: "I made a personal commitment to help get energy bills down - and I'm delighted that Ofgem are taking that forward. The package announced today is a huge step towards energy bills that are fairer for everyone. This is about putting people before profits. It's about pensioners being better able to heat their homes in winter, and families better able to cope when the bills arrive."