Energy UK
Trade body Energy UK has warned the Department for Business, Energy and Industrial Strategy (BEIS) suppliers are likely to be hit with large fines ‘as a result of factors outside their control’
The organisation says the policies are needed if the country is to meet its 2050 net zero target at the lowest cost to consumers
That’s a 10% increase compared to the same time in 2018
He said driving towards a 2050 net-zero goal is a great idea but stressed the difficult part was only just beginning
That’s the call from Dermot Nolan, CEO of Ofgem, who spoke to ELN at Energy UK’s annual conference yesterday
More than four million consumers have switched so far in 2019, up 11% on the same time last year
The trade body says it wants to ensure the new policies support rather than undermine the new 2050 goal
Around 34% of the switches were from larger to small and mid-tier suppliers in July
He joined the organisation in 2011 and has been heading it since January 2015
Consumer bodies are calling on householders to shop around and switch to a better deal
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