Greg Marsh @gregmarsh

CEO & founder @get_nous - save £100s on your household bills at https://t.co/U2D4MY1Xqo 🖋️ Contributor @EveningStandard 📺 Household finance expert @SkyNews nous.co London, UK Joined November 2008

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Greg Marsh @gregmarsh

a year ago

Now, only paltry savings can be made by switching, meaning most of us don’t bother. (Though @get_nous can help - usually quite a lot!). It’s time for the Government to compel the regulator to do its job and deliver fair prices and good service.

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Greg Marsh @gregmarsh

a year ago

At the same time, competition in the energy market is all but dead. Before the energy crisis, fixed energy deals were the best way to pay the lowest price possible as suppliers jostled to win customers.

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Greg Marsh @gregmarsh

a year ago

A depressing stat for you: From 1 April, a typical household will be paying more than £500 a year more for their energy than they did pre-COVID.

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Greg Marsh @gregmarsh

a year ago

Sure, they’re covering themselves in the small print. But you can bet they know most of us won’t read it. Crafty comms like this are deliberately designed to confound customers. No wonder 9/10 households end up overpaying on their bills.

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Greg Marsh @gregmarsh

a year ago

There’s so much wrong here. • Why does the £100 saving flash up multiple times when you only get it once? • How much am I paying each month on each of these deals? • Where does the Y axis even start?

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Greg Marsh @gregmarsh

a year ago

Wow. That is one misleading chart. I got an email earlier from Confused.com about their latest energy deal. Right there at the top was this flashy, graph.

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Greg Marsh @gregmarsh

2 years ago

Ouch - it's already looking like 2025 will be another tricky year for household finances. Energy bills rose on 1 Jan, and @SkyNews analysis suggests a typical household could see their major bills rise by almost £270 by April.

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Greg Marsh @gregmarsh

2 years ago

Great to be powering the @MailOnline ’s coverage of the @Ofgem price cap announcement with our latest calculator! Bills are rising on 1 January - give it a try to see how you'll be impacted. dailymail.co.uk/news/article-1…

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Greg Marsh @gregmarsh

2 years ago

Today's inflation rise has dashed hopes of a Christmas interest rate cut. Bad news for the 90k households due to refinance their mortgages in December.

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Greg Marsh @gregmarsh

2 years ago

We'll find out on Friday exactly how much we'll be paying for energy in the coldest months of the year. Unfortunately bills are likely to go up a bit - bad news when energy debt is already at record levels.

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Greg Marsh @gregmarsh

2 years ago

@KayBurley Thanks for having me on

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Kay Burley @KayBurley

2 years ago

Inflation rate remains above target at 2.2%. So why is it bad news? Here's @gregmarsh. #KayBurley OM

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Greg Marsh @gregmarsh

2 years ago

It's essential that Ofgem holds energy giants to account so that households start to see decent customer service. Today's announcement is a baby step in that direction. But they need to go much further to bring back competition so we start to see fair prices for households. (6/6)

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Greg Marsh @gregmarsh

2 years ago

This suits the energy giants very nicely. After all, why would they want a return to price competition when right now they have guaranteed, baked-in profits, and a customer base that has no reason to switch to a competitor? (5/6)

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Greg Marsh @gregmarsh

2 years ago

🚨NEW: @ofgem has revealed a plan to try and get energy companies to improve their dismal customer service. The vision is to 'deliver five-star customer service fit for an increasingly complex market'. So... just how bad are things right now? (1/6)