BEC supports the use of the super-peak product as a way for market participants to better manage their risk, which helps to improve competition within the wider market. However, we argued that the EA should give more time for the market to develop naturally before moving into mandated market making....

BEC advocated for option 2: non-discrimination obligations but advised against aspects of the three-step progression originally suggested. We are therefore glad that the EA has decided to move forward with non-discrimination obligations without a three-step progression plan. BEC is particularly glad that step three, the trading of hedges through a...

BEC supports the work that the EA is doing in making consumer billing easier to understand. However, while we see the benefits that increased switching could have for consumers, the EAs proposal to require six-monthly reviews on better plans would increase operating costs significantly.