FSB welcomes move by five big energy companies to stop rollover contracts


THE Federation of Small Businesses has welcomed a decision by five of the big energy suppliers to end the practice of locking small firms into potentially costly automatic contracts.

British Gas, npower, SSE, EDF and E.ON have all agreed to abolish automatic rollover contracts to small firms.

The FSB found that more than 25 per cent of its members have been locked into the rollover contracts once their fixed-term deals had expired, which sometimes led to hefty, un-negotiated price increases.

via ThisIs.