Tag: Sottish & Southern

Kiran Stacey

This morning’s clampdown by the UK regulator on the country’s big six utilities was unexpectedly hard-hitting.

Apart from the news that the companies may be forced to auction up to 20 per cent of their electricity generation output, there was the harsh tone struck by the regulator’s chief executive, Alistair Buchanan. He said:

Energy companies have failed to play it straight with consumers and so Ofgem is proposing to break the stranglehold the Big Six have over the electricity market.

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