U.K. 'fuel poverty'

David Knott London davidk@ogjonline.com On May 24, the U.K. became the first country to offer all gas and electricity customers-industrial, commercial, and residential-a choice of suppliers. The government claims that residential gas customers who have changed suppliers have saved an average £78/year ($125/year) on their gas bill since competition was introduced, while the overall gas market has saved £1 billion/year ($1.6 billion/year). Centrica plc, spawned from former monopoly British Gas plc during privatization, saw liberalization of the electricity market as an opportunity and now provides electricity to about 1.5 million households. U.K. ...

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