Ofgem to lift ban on acquisition-only tariffs before winter

Ofgem has confirmed its intention to remove the ban on acquisition-only tariffs (BAT) from October rather than keep it in place until next March. The energy regulator said the ban had now fulfilled its core purpose and consumers would see a direct benefit from removing it. One price comparison website called the move a “no-brainer”, however an energy retail chief executive told Utility Week it was “terrible news for customers” and accused Ofgem of being in thrall to switching guru Martin Lewis.

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