UK Clears Consumer Protection Code For Renewable Energy

Law360, New York (November 3, 2011, 4:16 PM EDT) -- The U.K.'s Office of Fair Trading has approved a code of practice for the renewable energy sector aimed at safeguarding and promoting consumers' interests in the purchase of small-scale energy generating systems, the watchdog announced Thursday.

Industry trade group Renewable Energy Assurance Ltd. submitted a code of practice under the OFT's Consumer Codes Approval Scheme to the regulator, seeking an approval that the agency only gives if it has been proven that the proposed code goes further than the basic requirements of the law in protecting...
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Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.