ACS (the Association of Convenience Stores) has welcomed an announcement from the Department for Energy Security and Net Zero that energy regulator Ofgem will be appointed to regulate the energy broker market.
Energy brokers, also known as third party intermediaries (TPIs), typically act as comparison services for businesses with the intention of getting them the best deal available on the market. However, due to the unregulated nature of the market, not all brokers act with their customers’ best interests in mind.
