Energy UK has submitted its response to the CMA following its provisional findings and potential remedies early in July. The letter highlights competition as a primary driver, customer engagement, smart meters, regulation, transparency and codes governance.
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Over 250,000 customers switched electricity provider in June, Energy UK said today.
Lawrence Slade has been confirmed as chief executive officer of Energy UK, the member association representing the UK’s energy sector. Lawrence has been acting CEO since Angela Knight left at the end of 2014. The appointment was made by the Board of the association and is effective from 13 July 2015.
Following the announcement of the budget on the 8 July that included several proposals relating to energy, Energy UK has issued a comment. Lawrence Slade, chief executive of Energy UK said:
Following the uSwitch release stating that energy companies are failing to bring down prices in line with falls in the wholesale market. Lawrence Slade, acting chief executive of Energy UK said:
The CAB has published data setting out price differentials of pre-payment meters. Following this Lawrence Slade, acting chief executive said:
The UK’s energy industry came a step closer to being the world leader in health and safety, Energy UK said today. Powering Improvement – a proactive programme to raise health and safety standards across the energy sector – reached a significant milestone with the launch of its second phase.
The Government has announced the withdrawal of new public subsidies for onshore wind projects by legislating to close the Renewable Obligation across Great Britain from 1 April 2016. Following this announcement, Lawrence Slade, chief executive of Energy UK said:
The Institute for Public Policy Research have released a report today called ‘when the levy breaks: energy bills, green levies and a fairer low carbon transition’. The report talked about the impact of the rise in energy bills to fund the low-carbon and social policies upon different parts of the society.