Oct 3rd 2012
Competition in non-domestic energy market improving
The competitiveness of the non-domestic electricity and gas markets is "healthier" now than it was in 2004, according to a new Consumer Focus report released on Tuesday 2 October. The report includes an overview of the GB business electricity market, the effects of regulation, the state of competition in the market and how new policy will affect the sector. Prepared by Cornwall Energy director Robert Buckley, the report noted independent competitors had become active in the market and micro-businesses were becoming more confident about their engagement in the energy markets. Yet it warned there remained problems in the sector, such as unexpected "back-bills" for energy consumed but not billed by suppliers. The research argued blocked switches--where suppliers had contractual rights to stop a consumer switching to a competitor--still needed to be addressed.
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