Utility Week: Andrew Perry On Challenger Energy Brands
Jun 6, 2020
Oliver Wyman principal Andrew Perry was quoted in a story in Utility Week titled “Challengers may have been offered stay of execution".
“There is the risk of multiple suppliers going under at the same time and the best regulatory strategy is to spread that out and not be hit by a shock. It’s a bit like the NHS equation, you don’t want to hit the NHS with all the Covid cases at the same time, you want to spread them out," said Andrew Perry. "You don’t want to hit the market with multiple suppliers failing at the same time.”
The article discusses the implications of the deferment of charges offered to challenger energy brands, and why it is important for them to avoid multiple failures at the same time.
To read the complete article in Utility Week, click here.