PA’s Samuel Ebohon, an energy market expert, is quoted in an article in The Times about energy prices facing customers.
The article explains that the Competition Markets Authority is making proposals, after examining whether customers are being overcharged for gas and electricity, to boost independent suppliers and level the playing field with the larger suppliers - British Gas, SSE and EDF Energy.
The article goes on to say that the CMA may make the Big Six open their databases so other supplier can offer more competitive products to customers.
Commenting on the action the CMA will take, Samuel says that he expects the CMA will adopt a gradualist, softly, softly approach. He goes on to say: “I’m not expecting any major changes, but there could be smaller proposals that play into the hands of the smaller suppliers. It’s a kind of: ‘Let’s apply the medicine and see how the patient improves.’ ”