Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Understanding how energy companies are regulated

By Sean Burke Subscribe to RSS | April 19th 2012 | Views:
loading
 
  



The privatisation of Britain's energy markets has been of enormous benefit to consumers, who now have a range of options to choose from when arranging electricity and gas supplies for their homes, as well as for commercial customers who may be looking for affordable and reliable business energy tariffs. Having a number of competing suppliers ensures that prices stay as low as possible, as different companies continually attempt to under-cut their competitors and attract more business.

The shift from a single, national energy supplier to a diverse range of companies required establishing a regulatory body to set standards and practices, and by consequence ensuring energy companies abide by these standards when offering their vital services to consumers. Energy regulators in the UK operate independently from the government, but work closely with government representatives to help ensure that policies concerning energy supplies and sustainability are followed by energy suppliers.

The importance of electricity and gas regulators was brought into sharp focus during the price hikes of recent years for domestic energy supplies, which were a result of rising wholesale energy prices that providers passed on to their customers. Investigations from regulators such as Ofgem ascertained that providers were not charging unreasonable amounts for energy tariffs, and government investment helped to offset the supply situation. The discovery of new gas reserves has helped to curb the issue further, and British households and businesses are now benefiting from cheaper fuel for the first time in more than a year - though only time will tell if the situation will remain as sustainable.

It's not only the supply of electricity and gas that's overlooked by energy regulators though, as these organisations are also concerned with the energy efficiency of homes - which plays a large part in determining how well they weather periods of increased fuel prices. Energy regulators help to ensure that gas and electricity suppliers offer affordable insulation, gas boiler replacements and other services aimed at improving the energy efficiency of homes and potentially leading to permanent reductions in fuel bills.

With climate change becoming an ever more pressing issue, energy providers and regulators also face pressure to lower the environmental impact of fuel supply and delivery, and to pass these benefits on to customers. Some energy providers also offer supply and installation of solar panels and other renewable energy systems, allowing households to generate their own sustainable electricity, and energy regulators should check that the quality and energy efficiency of these installations are up to standard.

Sean Burke - About Author:
Sean Burke writes for a digital marketing agency. This article has been commissioned by a client of said agency. This article is not designed to promote, but should be considered professional content.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/business-articles/understanding-how-energy-companies-are-regulated.htm

Related Business Articles Subscribe to RSS

Biodegradable plates- Make your home planet neat, clean & green
Published by Bamboos1 on December 14th 2011 | Business
Biodegradable plates are absolutely compostable & eco-friendly and are manufactured for graceful ple...
 
What is the UK annual consumer demand for electricity and gas?
Published by Sean Burke on May 4th 2012 | Business

Comparing your household energy consumption to average figures could give you an idea about how ...
 
Gurgaon, home to the best and good quality used automobiles
Published by Dany on July 17th 2012 | Business
These days it has become really common to purchase second hand cars and the trend of buying old ones...
 
Why have home décor stores become such a hit on the internet?
Published by Joseph Wilson on December 20th 2011 | Business
Well primarily because they offer exquisite merchandises, often even custom made, and now that you c...
 
Facebook hub to help consumers conserve electricity with tools and tips
Published by Jordan Adam on August 3rd 2012 | Business
For Texas electric consumers worried about how to save energy this summer, here comes the good news....
 
Earn money from home with B2B marketing portal
Published by Uncleservice on April 14th 2012 | Business
B2B marketing is one of the four business models. B2B marketing is refers to the business to busines...
 
Investing as a home caterer means finding the best kitchen equipment and tools
Published by Adair Sawyer on May 17th 2012 | Business
If you hold parties regularly and you are always the preferred host for most parties and social even...
 
Carpenters London can help improve your home> Please base article around this
Published by Julia Roger on June 18th 2012 | Business
Why not ask your carpenters London to install new flooring to really finish off your room? A brand ...
 
Luxury home builders Perth fulfill your dreams of beautiful home
Published by Peterstannardhom on March 12th 2012 | Business
The beautiful home is liked by everyone so luxurious home is dream of many people. This is not so to...
 
Make your home safer and appealing with composite doors
Published by Phillip Porter on May 31st 2012 | Business
These days many companies offer composite doors made with durable and insulated materials and these ...
 
Make your dream home at the striking locations of Phuket!
Published by Lucy on February 14th 2012 | Business
Have you ever gone to a foreign location and though of having a dream home there to spend your holid...
 
Log home accessories and Log Lamps- Cedar Stuff
Published by Doug And Mary DeGriselles on December 16th 2011 | Business
Log Furniture, High Quality Handcrafted Rustic Log Furniture Benches and Furniture for the Living ro...
 
When you prepare to move to a new home
Published by Glyn Jones Is A Renowned SEO Expert Working For Removal Companies Surrey. They Offer Quick And Safe Packaging Surrey Services And on January 24th 2012 | Business
It can be very stressful moving to a new home. You need to help reduce the stress by starting to box...
 
How can home- owners produce and sell their own electricity?
Published by Sean Burke on May 4th 2012 | Business
Before you panic about having a rather cumbersome wind turbine on your front lawn, take a little tim...
 
Heat your home today with a Combi boiler
Published by Kellybrook on February 24th 2012 | Business
Combi boilers are heating devices built for both your home heating system as well as for your domest...
 
Great value home phone lines
Published by Paul Rowley on March 13th 2012 | Business
There are now a wide range of great home phone providers that offer customers low prices, great deal...
 
4 Best things you must know before opting for electricity provider in Texas
Published by ShopTexasElectricity on March 30th 2012 | Business
While shopping for electricity services, you need to understand the choices available in order to fi...
 
Need for business electricity
Published by Ashish Pandey on January 21st 2012 | Business
Business electricity needs should be properly fulfilled within a restricted business electricity pri...
 
Naples florida best place to buy beautiful home.
Published by Harry on May 22nd 2012 | Business
If you plan to sell your property, you can find best deal with the help of Naples Florida Realtors. ...
 
A home of your choice at Phuket
Published by Lucy on January 31st 2012 | Business
...