New rules are being proposed to offer Britain's small firms better energy deals.

The rules, being devised by Ofgem, will require suppliers to make price comparisons easier by including the price of the customer’s current deal, as well the new rates that their supplier will charge after the end of the current contract.

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Suppliers must also tell each business how much energy it uses annually, so that they have all the information they need to compare their supplier's prices with the rest of the market.

And all suppliers will have to use a standard 30 day notice period, so businesses know when to tell their supplier that they want to switch.

Suppliers will also have to acknowledge all notices given by businesses to say they want to terminate their contract when their deal ends, within five working days of receipt.

Ofgem will publish its final decision this autumn.

(CD/MH)