Ofgem weighs market charge forcing suppliers to pay rivals for customer wins
Britain's energy regulator Ofgem is considering reintroducing a market stabilisation charge that would force suppliers to pay rivals if they win customers with cheaper deals. The mechanism, last used from 2022 to 2024, would trigger when wholesale prices fall over 10 percent. Consumer advocate Martin Lewis warned the charge could make switcher deals more expensive and harm competition.
How does this story land?
Summary by OZbrief Editorial · The Guardian Australia – Business · Source
Take it further — get the full app and never miss a moment of what's happening in Australia.
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
Published 16 Oct 2026, 08:14 UTC · Updated 16 Oct 2026, 08:30 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
Trending
- CFMEU delegate charged with drug trafficking after weapons trade at union HQ
- Eighteen-year-old P-plater faces 17 charges after crashing into Newcastle Knights fans
- Albanese reverses tax office credit card ban, undermining treasurer Chalmers
- Jack Viney ends 14-year Melbourne career, joins West Coast as captain
- Chris Woakes slams England teammates' behaviour as unacceptable in new autobiography
- UK households pay £13,961 extra on bills since 2021, TUC warns