Energy News – 27/06/2017
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A 2 year investigation into the energy market by the Competition and Markets Authority (CMA) has resulted in a series of regulations, which came into force this week.
The report found that suppliers were making it difficult for micro businesses to get value for money on their energy bills. A combination of lack of available information, poor communication, and costly exit fees had left almost half of micro businesses on notoriously expensive out of contract rates.
The CMA has suggested a number of measures, which suppliers must comply with, to make switching easier. These include:
The news has been welcomed by Ofgem. Dermot Nolan, Ofgem’s chief executive said:
“This is a big change in the way the market works. Micro businesses will also be able to leave more expensive auto-rollover default tariffs without paying an exit fee, freeing them to switch to a better deal.”
At Switch My Business we’ll compare the whole market for you, from the big six to small boutique suppliers. What’s more, we’re independent, so we won’t give you the hard-sell.
Call 0800 411 8830 for a free quote, or use our online quote form.
Extremely helpful and clear to understand
"I have found the information and assistance to be very clear, and helpful. I was helped through the process of switching electricity supply by personal switching assistant Suhan Ashan who was not only helpful, but very patient in explaining all of the queries which I had and also researching the estimated KwH for our newly acquired office premises, as we had no previous tenant information."This review was posted by Sue Williams on the 24th of July 2017
Jessica help us arrange new deals for …
"Jessica help us arrange new deals for our start up business which was greatly useful particularly in time during busy setting out period"This review was posted by Allan on the 21st of July 2017
Really good doing business with Mark …
"Really good doing business with Mark Weeks and SwitchMyBusiness. Getting good energy deals for not-for-profit organisations are a nightmare but Mark made it really easy for us. Very many thanks, well done!"This review was posted by Tony Smith on the 20th of July 2017
Spoke with Mark Weeks great guy always …
"Spoke with Mark Weeks great guy always phoned back or email when he said he would and was a great help. Would use him again any time."This review was posted by Duncan Winton on the 20th of July 2017
Courteous and knowledgeable.
"I had my business transfer handled by Mark Weeks, he was courteous and knowledgeable about the various different tariffs on offer and made the process quick and simple. I would definitely recommend their services."This review was posted by Lawrie Sharp on the 19th of July 2017