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The 'Smart' companies have to do more to embrace change.


The UK's largest six energy suppliers have been told that they risk ultimate failure within 5 years unless they do more to embrace the switch amongst consumers to smart meters that better enable them to monitor their energy usage and to therefore cut consumption. With some companies being very slow to react or promote this option to their customers, this provides further evidence of monopoly power being abused just as the government are seeking to try and break down the barriers to entry into the market and to increase market contestability and drive prices down. [Click on image to read the full article].


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