Could The Introduction Of Long Term Energy Contracts Benefit Consumers?

The recent decision by Ofgem, the utilities watchdog, to scrap the 28-day rule on energy contracts, has been met with dismay from many consumer groups. But is it all doom and gloom? Ofgem has said utilities companies will no longer have to allow their customers to move within 28 days and can tie their customers in to long-term contracts, similar to mobile phones and broadband providers.

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