Centrica questions viability of UK energy rivals amid call for more protections

1 year ago 54

Exclusive: Letter to Citizens Advice details supplier obligation to disclose if credit balances fully protected in event firm goes bust

British Gas owner Centrica has expressed “profound concern” over the financial resilience of some of its competitors in the domestic energy market and has written to Citizens Advice to ask for support in its efforts to protect consumers.

Centrica’s group general counsel, Raj Roy, has written to the charity’s chief, Dame Clare Moriarty, to voice concerns over the regulator Ofgem’s recent consultation on the financial health of energy suppliers.

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