HUHNE TACKLES ENERGY GIANTS
(Published 21 September 2011)
Energy Secretary Chris Huhne has vowed to make it easier for smaller energy providers to enter the marketplace by breaking the dominance of the bigger energy companies.
The Government wants to make it obligatory for companies to tell householders if they could reduce their energy bills with another tariff.
The ‘Big Six’ energy companies: npower, Scottish Power, British Gas, Scottish and Southern, E.On and EDF are all under attack by Mr Huhne, who wants to make room for the smaller companies in the energy market.
John Cridland, Director-General for the Confederation of British Industry, said: "Competitive energy markets benefit businesses and consumers. Energy customers should be helped to get the best deal and we support easier switching of accounts. At a time when world energy prices are rising, energy companies are promoting energy efficiency, and introducing smart meters and low-cost insulation to help consumers reduce bills.”
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