It would achieve real competition, incentivise efficiency and bring prices down for the majority (companies would be forced to compete for new customers or wither fast).
A ‘relative’ cap on the difference between standard variable tariffs and acquisition tariffs could untie Adam Smith’s ‘invisible hand’ in the retail energy market.
It would achieve real competition, incentivise efficiency and bring prices down for the majority (companies would be forced to compete for new customers or wither fast).