Changes to our Retail Market Review reforms
Last month the Competition and Markets Authority proposed that Ofgem should remove some of the ‘simpler choices’ elements of our Retail Market Review (RMR) reforms, including the requirement on suppliers to offer no more than four core tariffs.
From now on, we do not intend to enforce these rules so that consumers can enjoy the benefits of a wider choice of tariffs and more competition as soon as possible.
We have written to suppliers and consumer groups to inform them of our decision. We expect suppliers to make their new tariffs easy for consumers to understand and compare in line with the CMA’s proposed recommendation.
Notes to editors
- Our letter on the removal of certain RMR ‘simpler choices’ rules
- Competition and Markets Authority's provisional decision on remedies for it's energy market investigation
Ofgem is the independent energy regulator for Great Britain. Its priority is to make a positive difference for consumers by promoting competition in the energy markets and regulating networks.
For facts, figures and information about Ofgem’s work, see Energy facts and figures.
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For further press information contact:
Tim Webb: 020 7901 7179
Out of hours: 07766 511 470
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