Energy Supply: Costs

(asked on 21st October 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what discussion he has had with the Office of Gas and Electricity Markets on establishing a Right to Local Supply to ensure the costs of supplying energy are proportionate to the size of the supplier.


Answered by
Kwasi Kwarteng Portrait
Kwasi Kwarteng
This question was answered on 2nd November 2020

A key aim for Ofgem is to ensure that customers retain choice and flexibility in the market and get good value and service from their supplier.

Ofgem can award supply licences that are restricted to a geographical area and has just consulted on how to use this facility more effectively to bring forward innovation. Ofgem’s Licence Lite regime also aims to reduce the cost and complexity of entering and operating in the market for suppliers.

Ofgem’s Innovation Link helps innovators navigate the sector’s arrangements and their Energy Regulation Sandbox enables trails and rollout of new products, services, business models and methodologies without some of the usual rules applying.

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