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30/9/10 - News update from Eddie Proffitt
Will energy suppliers choose to gamble?
Ofgem, Britain’s energy regulator, today proposed energy suppliers should give 30 days notice before any price rises are made to “help consumers work out whether they are getting a good deal in their energy,” the regulator said in a statement on its website. The regulator will seek advice from the competition commission if energy companies reject the plan, it said.
‘‘If they do, I won’t hesitate to use my powers to end for good the practice of surprise energy bill hikes,” said Chris Huhne, U.Ks secretary of state for energy and climate change.