PARLIAMENTARY WRITTEN QUESTION
Energy: Competition (4 September 2015)
Question Asked
To ask the Secretary of State for Energy and Climate Change, what steps she is taking to make the retail energy market more transparent and facilitate greater consumer choice.
Asked by:
Matthew Pennycook (Labour)
Asked by:
Matthew Pennycook (Labour)
Answer
We have taken steps to increase competition in domestic retail market and there are now 31 suppliers providing choice to consumers, up from 13 in 2010. The Department has also supported work to make the market more transparent. We provided legislative backing to Ofgem’s retail market reforms to make the market simpler, clearer, and fairer, and have committed to implementing the recommendation formal remedies to be set out in the Final Report of the Competition and Market Authority’s investigation into the energy market.
Answered by:
Andrea Leadsom (Conservative)
11 September 2015
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