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

Get a home in real estate listings naples florida golf Naples
Published by Harry on June 25th 2012 | Business
An excellent agent will be able to demonstrate you top quality qualities Naples and settle as your r...
 
Getting the appropriate Roll Forming Components Before Creating Your home
Published by David Flambert on August 16th 2012 | Business

U channel and C channel is made commonly of either galvanized steel or aluminum. Companies of ho...
 
Brighten up any home with Canvas Prints
Published by Mary Porter on July 5th 2012 | Business
Choosing the right snap is just one element of creating perfect canvas prints. You’ll also need t...
 
Is this a good time to switch electricity providers?
Published by ShopTexasElectricity on February 17th 2012 | Business
In energy deregulated market such as that in Texas, switching providers can give you the best electr...
 
Get involved in home based travel business to achieve freedom and success
Published by Tom Nagle on December 30th 2011 | Business
To experience complete freedom from routine workaholic life, at the same time to earn a lump sum amo...
 
Using Smart Meters to track your electricity usage
Published by ShopTexasElectricity on May 18th 2012 | Business
Though smart meters have been getting a lot of media attention recently, only a handful of customers...
 
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....
 
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...
 
Are you interested in installing a Luxury Home Cinema in your home?
Published by Mary Porter on June 19th 2012 | Business
For many people going to the cinema and seeing the latest big Hollywood blockbuster is a real treat ...
 
A personal storage unit always comes in handy during a home renovation
Published by Simon Dcruz on January 17th 2012 | Business
Home renovations have a lot of dust and dirt; not forgetting the mould and mildew which gets exposed...
 
Give unique look to your home with furniture store
Published by Harry on March 14th 2012 | Business
When selecting furniture, choose furniture interior design according to your home or residence. The ...
 
A home of your choice at Phuket
Published by Lucy on January 31st 2012 | Business
...
 
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...
 
Painters in Melbourne – Gives your home a vibrant feel
Published by Julia Roger on July 4th 2012 | Business
You can also search the internet for painters and take your pick from the numerous search results th...
 
Buy your dream home in Honolulu
Published by Berton Hamamoto on April 12th 2012 | Business
Going for Hawaii real estate is really a smart choice. The reason? Well, there are just so many....
 
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...
 
Experience Australia in a Motorhome from home
Published by Sudhanshusnv on February 25th 2012 | Business
A australia camper is a one of its kind vehicle that provides both shelter and easy transportation....
 
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...
 
Acquaint yourselves with news headlines in the comfort of your home
Published by Nidhigupta on July 7th 2012 | Business
Most of the people prefer referring to news headlines on the television. There are ample to televisi...
 
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...