British Gas boss rejects energy market competition restriction claims

The Power to Switch in minutes

Compare energy deals and switch supplier to cut your bills by £477*

in partnership with Banner uswitch

Looking to switch your business energy supplier? Click here

*Between 1 Jan 2019 and 30 June 2019, at least 10% of people who switched energy supplier for both gas & electricity with uSwitch saved £477 or more.

In response to the complaints made by the bosses of smaller energy suppliers, that the big six are preventing the market from being competitive, the boss of British Gas has told MPs that it continues to remain competitive.

The bosses of Ovo Energy and Good Energy - one of the UK's many green energy suppliers - were called on by the Energy Select Committee, according to the Independent, to provide evidence showing how the market was being affected by the big six firms. Ovo Energy's founder, Stephen Fitzpatrick claimed that competition was being restricted.

Fitzpatrick told MPs: "It is a £30 billion market and nobody wants to enter it: that's a measure of competition."

These claims were rejected by British Gas' managing director, Phil Bentley. Speaking to MPs, he stated: "We give choice, there's lots of switching."

Bentley also added that gas prices in the UK were the lowest in Europe - although Eurostat figures for 2011 have shown that this was true for only half of the year.

Latest gas and electricity news brought to you by UK Power - the energy price comparison site.

Click here to run an energy price comparison, and see if you could be paying less for your gas and electricity.

Cookies help us deliver our services. By using our services, you agree to our use of cookies. Learn more