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Response to Ofgem's statutory consultation on potential short-term interventions to address risks to consumers from market volatility

Response to Ofgem's statutory consultation on potential short-term interventions to address risks to consumers from market volatility 219 KB

Ofgem was consulting on whether it should introduce short term measures to discourage switching, in order to reduce the risk that more energy suppliers go bust. We strongly opposed its suggestion that exit fees should be introduced on default tariffs, but provided support for a proposal that suppliers should be required to offer all their new tariffs to existing customers.