Energy UK responds to Ofgem's announcement of tougher entry tests for suppliers
Ofgem announced today the introduction of tougher entry tests for energy suppliers, Energy UK issued the below statement in response.
Lawrence Slade, Chief executive of Energy UK, said:
“We welcome measures from Ofgem to introduce tougher entry tests for new suppliers entering the retail market. We want to see a future retail market where competition thrives and customers benefit from increased choice and service, and aren’t left picking up the tab when suppliers with unsustainable business models fail.”