Richard Neudegg - uSwitch

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Last quote by Richard Neudegg

Competition will be diminished and cheaper deals would be taken off the market as tariffs moved closer to the cap. Any government which introduced this cap could find itself being blamed for raising prices and removing the escape route to avoid them, namely competition. Instead of responding to consumer dissatisfaction, they would have created a political and consumer timebomb.feedback
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Jun 19 2017
Richard Neudegg has most recently been quoted in an article called Experts slam Conservative plans to cap energy bills as 'clumsy and counterproductive'. Richard Neudegg said, “A price cap would be the death knell for competition. It would remove any incentive for energy companies to drive down prices and fight to keep their customers, entrenching the position of the incumbent big six. It would create a false sense of security for consumers on poor value SVTs, reducing the chance of them seeking a cheaper deal.”. Richard Neudegg has been quoted a grand total of 6 times in 5 articles.
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