Energy UK statement on competition
Energy UK has issued a statement on competition.
Lawrence Slade, chief executive of Energy UK, said:
“The energy market is more competitive than ever. The growth of smaller suppliers over recent years has added greater intensity to the energy market, with more challenge to established suppliers. The Energy UK Electricity Switching Report shows that 19 per cent of switches in the last month were from large to smaller suppliers. In all, 43 suppliers are competing hard for customers and that is as it should be in a competitive market.
“The Energy Switch Guarantee means that consumers can be confident that the process is quicker, simpler and easier.”