The energy regulator has announced new rules in a bid to boost competition between suppliers and provide greater bill clarity.
Ofgem confirmed that new trading regulations - due to be implemented at the end of March - would force the so-called 'Big Six' energy suppliers to publish their wholesale generation prices to independent suppliers up to two years in advance.
The move was aimed at making it easier for smaller competitors - who do not produce their own energy - to budget better while giving consumers more information on the charges they face.
Ofgem said that a failure to ensure fair trade in the wholesale market would result in financial penalties.
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