Non-discrimination clauses: their effect on British retail energy pricesWaddams Price, C. and Zhu, M. ORCID: https://orcid.org/0000-0001-6687-3267 (2016) Non-discrimination clauses: their effect on British retail energy prices. The Energy Journal, 37 (2). ISSN 1944-9089
It is advisable to refer to the publisher's version if you intend to cite from this work. See Guidance on citing. To link to this item DOI: 10.5547/01956574.37.2.cpri Abstract/SummaryUK governments and the energy regulator have shown increasing concern about the health of competition in the residential energy market, following their pioneering deregulation at the end of the last century. We identify the effects of introducing the non-discrimination clauses in 2009, a major regulatory intervention and the first since deregulation. We explore the effect of this intervention on the price movements of the six major players, and find that the nature of competition in the industry has changed, with less effective rivalry between the regional incumbents and large regional competitors following the intervention; companies seem to have ‘retreated’ to their home regions, leaving a market where pricing behaviour resembles more closely a duopoly between British Gas and the regional incumbent.
Download Statistics DownloadsDownloads per month over past year Altmetric Deposit Details University Staff: Request a correction | Centaur Editors: Update this record |