Ofgem sets out tough rules for power suppliers

ENERGY watchdog Ofgem yesterday laid out plans to protect small businesses from high energy bills by slapping fines on suppliers found guilty of breaching market rules, it said yesterday.

Under the proposal, Ofgem will impose an enforceable code of conduct on utilities and intermediaries to protect businesses from unfair sales practices, while making it easier to switch suppliers.

Soaring energy bills and a string of mis-selling cases in recent years have put pressure on government and regulators to make Britain’s energy market more transparent.