New energy market legislation designed to make it much easier for consumers to switch energy suppliers could result in a total saving of €100m a year, reports Wednesday’s Financieele Dagblad.

The bill also calls for so-called smart meters for gas and electricity to be installed in all homes within six years.
Economic affairs minister Maria van der Hoeven sent her proposals to MPs on Tuesday.
Although the Dutch energy market was liberalised in July 2004, consumers continue to complain about long waiting times, incorrect meter measurements and inaccurate bills which makes it extremely difficult to change suppliers.
Van der Hoeven says the new law will restore confidence in the market.