Ofgem Consumer First Panel. Year 7, Wave 3. The Future of Energy
Reports, plans and updates
Publication date
Industry sector
Supply and Retail Market
In March 2016, our Consumer First Panellists were asked to think about future changes in the market (over the next 10-15 years), and to discuss potential future business models.
Specifically we asked Panellists:
- How consumers would like to interact with the market in the future (10-15 years)?
- In what way are their views different to the current arrangements and existing non-traditional business models?
- Which hypothetical future business models (of those presented) appeal to consumers and why?
- Which of these business models might encourage consumers to engage more with the energy market?
Panellists discussed the following potential business models:
- Peer-to-peer energy
- Power of attorney
- Energy service model
- Local energy models
- Longer term contracts
- Pay-as-you-go power.