The ban on acquisition-only tariffs was introduced to protect customers during the energy crisis (Jacob King/PA) (Image: PA Wire/PA Images)
Ofgem is mulling over an early end to the ban on cheaper energy tariffs for newcomers, potentially shaking up the market from October. The regulator is considering a move that could see the return of acquisition-only tariffs exclusive deals designed to entice new customers with lower prices.
Initially set as a temporary measure in April 2022 to shield consumers amidst the energy crisis, the prohibition was expected to be lifted in March next year. However, Ofgem now believes it’s time to reassess this…
