Thursday 10 May 2018
Heat Trust welcomes the Competition and Markets Authority’s (CMA’s) announcement that is has provisionally concluded there is a need for a statutory regulatory regime for heat networks.
Responding to the announcement, Bindi Patel, Head of Scheme said:
“Today’s announcement from the CMA is supported and welcomed by Heat Trust.
“The initial finding that there is a need for a statutory regulatory regime for heat networks concurs with our view that all customers, on all heat networks, should be assured of reliable heat supplies, excellent service and access to independent redress.”
Heat Trust responded to the CMA’s Statement of Scope and is pleased to see the CMA is considering steps in a number of areas already highlighted by Heat Trust. This includes ensuring customers are provided with clear information on heat network, better pre-transaction information and improvements to the information provided by Energy Performance Certificates (EPCs).
The CMA has also proposed requiring heat suppliers to comply with rules on price and quality in long-term contracts and the development of industry–wide performance metrics.
Bindi continued:
“As shown by the BEIS Consumer Survey and referenced by the CMA in its report, the standards set by Heat Trust, including support for vulnerable customers, guaranteed service payments for interruptions, access to the Energy Ombudsman and providing clear terms of service, are delivering positive benefits to both customers and the market.
“We look forward to engaging with the CMA as it finalises its report and with other stakeholders on developing a sustainable and proportionate regulatory framework that works for all customers”.