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By summer 2021 consumers should expect to switch their energy supplier by 5pm the next working day. Industry regulator Ofgem and the Data Communications Company are working towards creating a centralised switching service to facilitate this but one industry expert has referred to recent experiences with the smart meter rollout and questioned whether the timescale can be met.
6 years ago
Philip Sellwood will step down and retire after 16 years at the helm. Electricity North West has also made an appointment announcement.
This weekend's press round-up explores moves by SSE and National Grid to protect investors in the face of renationalisation threats; Scottish Power's plans for a major expansion of onshore windfarms and Dale Vince, founder of green energy supplier Ecotricity, donating to the Labour Party.
The latest figures from Energy UK show there was a record number of switches between small and mid-tier electricity suppliers in October.
A former energy chief said while a Labour majority was unlikely, it could pose a problem for the deal. Labour announced plans to nationalise the big six energy companies in its manifesto.
The rate of customer losses from British Gas is lower than in the first half of the year. In July chief executive Iain Conn announced he was stepping down from his role after an “exceptionally challenging” first half of 2019.
SSE chief executive Alistair Phillips-Davies has insisted the Labour Party’s nationalisation plans should treat energy networks differently to water because of the "huge difference" on performance issues. He also said Labour's plans would "significantly delay" the government's 2050 net zero target.
