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Ofgem weighs charge on energy suppliers that lure rivals' customers

By ChordNews · First written

Ofgem could force energy suppliers to pay rivals if they lure customers with cheaper deals
Image: theguardian.com
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Summary

Great Britain's energy regulator Ofgem is consulting on reintroducing a charge that could require energy suppliers to pay rivals when they attract customers with cheaper deals. The proposal aims to reduce the risk of suppliers failing this winter amid customer departures and sharp energy price swings linked to the conflict in the Middle East.

Timeline

  1. The Guardian

    Source ↗

    The Guardian reports that Ofgem has launched a consultation on reintroducing the market stabilisation charge, which could make suppliers pay rivals for customers they lure with cheaper deals.

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