This paper describes the evolution of supply competition in the UK residential energy market and the extent to which consumers in general, and vulnerable households in particular, have benefited from liberalization. It concludes that earlier fears about higher prices for vulnerable groups from...

The decade since privatization has seen gas change from an integrated monopoly with no competition and without the structure necessary to encourage it, to an industry moving rapidly towards full competition. British Gas was privatized as an integrated monopoly; it had no regulation in the bulk...