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Energy firms to 'guarantee best deal' on tariffs

Energy companies will be required to let customers know what their best deal is, in a move which ministers say could save households up to £100 a year.

Firms will be obliged to tell people about the most suitable tariff for them and to offer it if they request it.

Announcing the move, Deputy PM Nick Clegg said seven out of 10 people have the wrong deal and pay too much.

Labour have accused energy firms of "ripping off" people and said there must be more competition in the market.

John Moylan reports.

  • 11 Apr 2012