He added that bills were being redesigned to give people the information they needed to make switching easy.
Since the crisis, regulators have made switching easier, yet bank customers may be even less likely to move because of unease about the health of the banking system.
John Longworth, director general of the British Chambers of Commerce (BCC), is one of the louder and more prominent voices in the business community calling for both greater transparency in the banking sector and for laws that make switching accounts easier.
Barclays bank has been the biggest loser in the battle for current accounts, with more than 80,000 customers closing their account in the year after rules were brought in to make switching banks easier.
One of the biggest problems is that – even though new rules came into force two years ago to make switching much easier – people are confused about which account to choose and are even scared that they may end up with a worse deal.
What's more, the startup's handmade frames make switching prints easy — no tools are required.
She said Ofcom would track prices, monitor operators' financial positions, report on customer satisfaction levels, and help to make switching between providers easier for consumers.
Davey said he feared only "the smartphone generation and the internet-savvy" knew how to switch, adding: "We want to push energy companies to make switching quicker and easier because consumer action can force suppliers to change their ways".
