Wednesday 11 December 2013

Poll: Consumers want Big Six stranglehold broken

Poll: Consumers want Big Six stranglehold broken

Consumers want the Government to break the stranglehold of the Big Six on Britain’s energy market, a new poll has found.

More than eight in ten (82%) want government to intervene to create more competition and let smaller suppliers in on the game, according to a survey commissioned by Co-operative Energy, one such small supplier.

The poll of more than 2,000 people conducted by The Leadership Factor found seven in ten thought the Big Six were all essentially the same and two thirds (63%) were fed up with their dominance over British energy.

Despite the best efforts of the suppliers to persuade them otherwise 61% blamed their greed for the recent price hikes.

Breaking up the vertical integration of the Big Six proved especially popular, with 86% of respondents saying all UK energy should be bought and sold through a single wholesale market.

Ramsay Dunning, Group General Manager at Co-operative Energy said: “UK energy policy is at a crossroads. We either continue to stick with a few large corporates and hope that they treat us fairly, or we engage in wholesale market reform and diversification. Small, independent generators and suppliers are more than up to the challenge – but we need Government to be truly committed to allowing us to compete on fair terms.”

The number of Brits switching energy supplier doubled last month.

Written by

Bruna Pinhoni

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