Ofgem could force energy suppliers to pay rivals if they lure customers with cheaper deals

Ofgem could force energy suppliers to pay rivals if they lure customers with cheaper deals

Britain’s energy regulator Ofgem is evaluating new rules that could require suppliers who attract customers with lower tariffs to compensate competing firms. The move aims to curb aggressive price‑cutting that might destabilise the market. At the same time, Ofgem is considering reinstating a market‑stabilisation charge intended to protect smaller providers from financial failure and ensure overall financial stability.

Ofgem could force energy suppliers to pay rivals if they lure customers with cheaper deals — PinBrief