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Energy regulator Ofgem has this week (July 3) proposed a series of measures to help vulnerable customers – including a price cap on the warrant of force-fitted prepayment meters. This proposal is one of many steps the regulator wants to take to ensure fairness across the market including the introduction of a safeguard tariff for vulnerable consumers to protect them from overpaying. Other measures include trialling a new ‘Check Your Energy Deal’ online switching service, to help customers who have been on poor value standard variable tariffs for three years or more to find cheaper deals. The proposal on the warrant of imposed pre-pay meters, which is now out to consultation, has been amended following responses to a draft consultation in September 2016. The energy watchdog aims to introduce the new rule to protect household consumers in the process of having prepayment meters force-fitted, under warrant, for debt recovery purposes.
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Force-fitting prepayment meters for debt recovery purposes cannot be fair especially if the consumer has other debts which may need to take priority such as rent or mortgage arrears - or perhaps food.
There are 5.9 million of these meters in the UK apparently.
Di