Regulator pushes for stronger protections for small business energy users

Northern Ireland’s Utility Regulator plans to tighten protections for small business energy consumers, proposing rules to force electricity and gas suppliers to be clearer on prices, security deposits, and switching terms. Suppliers may soon need to publish transparent pricing online, explore alternatives to upfront deposits, and return deposits with clearer timelines. Another key change would remove the requirement for small businesses on deemed contracts to give notice before switching suppliers – potentially boosting competition and lowering costs. The draft code of practice will be consulted on this autumn, with final decisions expected after feedback closes on 4 August.

Read the full article for a deeper dive into the proposed reforms.