Haven Power

Government outlines plans to encourage switching

Government outlines plans to encourage switching


 

BIS has unveiled an “action plan” for the steps that it will take to improve the process of switching suppliers across a number of markets. The document, issued on Wednesday 25 May, confirmed that a switching guarantee––similar to the current account switching guarantee––would be implemented in the energy sector, and that the government would ensure that by 2017 consumers had access to the data they needed to find the best deals for them. Later this summer, the Competition and Markets Authority will begin analysis of price comparison websites, considering whether there is a case for a common accreditation framework.

 

BIS