"Ofgem is Right to Champion Consumers on Energy Bills," Says comparethemarket.com

By Comparethemarket.com, PRNE
Thursday, March 31, 2011

LONDON, April 1, 2011 - Price comparison website comparethemarket.com agrees with regulator
Ofgem's opinion that energy pricing for customers is 'complex and unfair'. In
a report this week which referred to energy customers being 'bamboozled' by
confusing tariffs, the message is clear that consumers are having to pay a
lot for a vital resource that keeps on getting more expensive. The need to
compare prices is greater than ever.

With all of the big energy providers having announced price increases
since last November, household bills for the first quarter of 2011 are likely
to be the highest customers have known. www.comparethemarket.com
helped customers save almost GBP5m on their household utility bills during
2010 and will help more do the same in 2011. With more customers coming to
the site each day, and rising energy costs (
www.comparethemarket.com/energy/) meaning potential savings can be
even greater, the site expects its total for savings achieved through price
comparison to be even higher this year.

"Switching is the thing to do," says Jeremy Moll, Commercial Director for
comparethemarket.com. "Significant savings can be made by comparing products
and prices online and ultimately changing energy supplier. By starting with
an online comparison you can not only search your way through the maze of
tariffs, deals and payment options but you can also see how much of a better
deal you can get. We stand by our commitment to help people understand what
their options and what the best deal for them looks like. This is what the
regulator means when it speaks of playing it straight with consumers."

Jeremy Moll adds: "Energy prices are going up not down, and things are
certainly tight at the moment. Price comparison sites are an easier way for
customers to see if they are getting the best deal for them, and if they
aren't to make sure they are! We are helping thousands of customers to save
money and comparethemarket.com is there for them as the best service for
finding a better deal on energy bills."

Working with some of the UK's biggest providers, comparethemarket.com
constantly compares a range of the best deals and rates on the market to
ensure that the customer gets the greatest saving for them.

About Comparethemarket.com

- comparethemarket.com was launched in 2006 as a motor insurance
comparison site, offering customers a wide range of competitively priced
insurance quotes instantly online. It is now one of the UK's leading price
comparison brands.

- As well as insurance, comparethemarket.com now also offers comparisons
on credit cards, loans (www.comparethemarket.com/loans/) , current
accounts and savings accounts.

- Comparethemarket.com has grown rapidly over the past three years from
50,000 monthly visitors to around 2 million a month

- comparethemarket.com actively selects its brand partners to ensure
quality service to consumers.

For further press information, please contact: comparethemarket Press Office, Tel: +44(0)20-7861-2551, Email: comparethemarketpressoffice at goodrelations.co.uk

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