New rules for the treatment of businesses by gas and electricity suppliers have been put forward for consultation by Ofgem.
The regulator issued its final proposals for reforms to aid businesses on 22 March, following the outcome of its Retail Market Reform investigation published in March 2011.
The key elements include extending existing licence conditions that protect micro-businesses by amending the definition. The regulator is also proposing to mandate suppliers to ensure micro-business energy bills contain contract end dates, and allow businesses to terminate their contracts at any time. Binding standards of conduct that focus on suppliers' dealings with small business are also set to be introduced.
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