New Regulations Empower Small UK Businesses Against Rogue Energy Brokers
Thursday, 4 April 2024, 21:30
Rogue Energy Brokers Targeting Small UK Businesses
Small UK businesses, including care homes, charities, and faith groups, are increasingly vulnerable to rogue energy brokers who engage in aggressive sales tactics.
- Transparency Measures: The UK government and industry regulator are introducing new regulations that require brokers to disclose fees and commissions.
- Expanded Protections: Ombudsman will provide additional free support to help small businesses guard against rip-off deals.
- Industry Response: These actions mark the first major step towards reigning in unregulated energy brokers.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.