The Federation of Small Businesses (FSB) has told the next government that it must not exclude micro-businesses from any potential energy price control regime.
The FSB published its manifesto, Small Business, Big Ambition, on 5 May in which it explained that much like domestic consumers, small businesses can struggle to find the best deal and should not have to subsidise the costs of a price cap to cut bills for domestic consumers.
The document further called for all of the remedies and recommendations from the CMA energy market investigation relating to small business customers to be implemented. These include the creation of transparent and comparable tariffs, as well as bringing to an end “unfair” auto-rollover contracts. The FSB also called for the government to work with the industry to regulate third-party intermediaries (TPIs) to agree to minimum standards. It said that all suppliers should be encouraged to work with only the TPIs signed up to these standards.
Moreover, the FSB said the next government should publish a supply chain action plan, noting how small businesses have traditionally faced a number of barriers towards accessing supply chain opportunities. It said that the plan should be for the renewable and oil and gas sectors, while similar plans should be considered for other emerging energy technologies as and when they develop.