Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what assessment he has made of the adequacy of the regulatory framework governing the non-domestic energy market; and whether he plans to extend the powers of Ofgem to provide additional protections for SMEs.

The Government and Ofgem continuously monitor the non-domestic energy market to ensure that good outcomes are being delivered for all consumers.

Recently, the Secretary of State and Ofgem’s Interim CEO wrote to non-domestic suppliers and Third-Party Intermediaries (TPIs) to set out their expectations on how consumers should be supported during the current energy price volatility.

The Government and Ofgem have collaborated to deliver a range of interventions in response to the findings of Ofgem’s non-domestic market review and the Government plans to directly regulate TPIs, by appointing Ofgem as regulator when parliamentary time allows. This will protect non-domestic consumers from exploitative and harmful practices employed by some TPIs.