OFT probe into Green Deal insulation market

Grant Prior 11 years ago
Share

Competition watchdogs at the Office of Fair trading are calling for evidence into whether the home insulation market is a closed shop keeping prices too high for consumers.

The OFT wants to see if the £700m market is restricting the entry of new competitors, limiting consumer choice or keeping prices artificially high.

The watchdogs are keen to discover any problems ahead of a planned boom under the Government’s Green Deal.

The OFT has received complaints claiming that agreements between businesses at different levels of the supply chain can lead to competitors being unable to source as much insulation as they want, thus restricting supply to consumers.

Last year, the Consumer Direct advice service received nearly 3,000 complaints about solid and cavity wall insulation.

Nisha Arora, Director in the OFT’s Services, Infrastructure and Public Markets Group, said: “The Government’s proposed Green Deal and Energy Company Obligation policies are likely to increase the take-up of energy-efficiency measures, so it is important that we examine the home insulation market now to ensure that it is working well for consumers.”

Further information on the evidence the OFT would be interested to receive and how to submit it are available here

Latest news

RG Group wins £82m Leeds build to rent job

Work to start on developer Hub's 488-flat Latitude Blue scheme
12 hours ago

Speedy kit count finds £20m of missing equipment

Hire giant launches review after shortfall of small equipment
17 hours ago

Administrators appointed at concrete flooring specialist

Malin Industrial Concrete Floors has worked with a host of major contractors
1 day ago

Barratt sees early signs of a New Year trading uplift

Britain's biggest house builder reports strong first half but warns it is still too early to call depth of 2023 downturn
16 hours ago

Balfour launches new guide for inclusive behaviour

Right to Respect inclusivity initiative shows "where the boundaries are"
1 day ago

Concrete specialist Byrne Bros names new boss

Forty-year-old project director Philip Beausang promoted
17 hours ago

World’s first net zero cement production trial starts

Process combines scrap steel recycling in a the furnace with cement production
17 hours ago

VINCI to build new £100m Blackpool office scheme

Contractor to build new seven-storey regional hub for civil servants
1 day ago

Shapps to lead new Net Zero Government department

Business Energy and Industrial Strategy to split into three new Government departments
1 day ago

M&E firms readied for £545m Pagabo deal

New framework to meet demand for smarter buildings, particularly in healthcare and education
2 days ago

Mivan bags £100m haul of hotel and resi fit-out jobs

London hotel and prime residential orders put firm on track for £75m revenue this year
2 days ago

Graham hospital site hut complex destroyed by blaze

Site offices ravaged by fire which took eight hours to get under control
2 days ago

Mace wins £150m over-station job at Liverpool Street

Latest win from Aviva Investors and Allianz Real Estate following earlier Moorgate contract
2 days ago

Turner & Townsend and alinea join forces

110 alinea staff join T&T cost management team
2 days ago

Developer confidence high in big regional cities

Crane survey reveals Birmingham, Leeds and Manchester can count on resilient development pipelines
2 days ago

Caddick wins £21m Oldham off gas housing scheme

West Vale housing job forms part of £160m plan for 1,100 homes in Oldham
2 days ago

Buyers see brighter days ahead despite resi slump

"Construction can see a path through for better outcomes in 2023"
3 days ago

Australian firm to buy £300m gigaplant backer Britishvolt

New owner vows to complete giant factory in Northumberland
3 days ago

Project delays curb Ardmore growth ambitions

Refurb and housing specialist sees profit fall after challenging year of delays and supply chain failures
3 days ago

Scaffolders and sparks strike at antibiotic plant

Engineering construction workers down tools in bonus pay row
3 days ago

McAlpine bags £1bn Sellafield concrete structures deal

Contractor signs 17-year concrete structures and groundworks framework
3 days ago

Moving in to new markets paying off for McLaren

Contractor carving out new niche as leading player in heavy refurbs
5 days ago

Heavy materials sales fall amid slowdown in starts

Light side product sales grow helped by pace of activity for refurbs and energy-efficient retrofits
3 days ago

Plan to add retentions record to payment reporting law

Government consults on tougher reporting to include disputed invoices and retention policies
6 days ago

Morgan Sindall wins £88m Beckton DLR depot upgrade

Delayed work to start on Docklands Light Railway train maintenance depot in East London
6 days ago

Hare and Severfield win £250m Sellafield deal

Country's two biggest steelwork contractors secure 17-year framework
6 days ago

Max Steward returns to head up ISG’s Agility fit-out arm

Former ISG project director returns after three years to take up MD role
6 days ago

McLaren wins massive Portland House refurb

Construction to start this year on £380m revamp of 28-storey building in central London
6 days ago

Green light for £275m HS2 Midlands nerve centre

Trio of contractors battling it out to win huge new depot near Birmingham
6 days ago

Winners named for Government £10bn offsite framework

29 firms secure places on mega framework for schools, healthcare, defence and justice jobs
7 days ago

Contractor services