Ofgem announces new standards of conduct for business energy suppliers

21.11.11

Following on from Ofgem’s March investigation into energy supply to businesses, Ofgem have today announced proposals to reform the market.

Alistair Buchanan, Ofgem’s Chief Executive, commented: “During our investigation into the energy market, businesses told us about a range of problems they were having with energy suppliers and also some energy brokers.”

“Ofgem is now proposing a series of reforms to ensure that business customers get a better deal from their energy supplier and greater protection for those using energy brokers. This will greatly increase the protection for businesses, especially for smaller firms. As we have demonstrated in the domestic market, we will also take a tough line on any suppliers we find systematically breaching rules designed to protect businesses.”

Read the Ofgem press release here.