Energy: Prices

(asked on 21st July 2015) - View Source

Question

To ask the Secretary of State for Energy and Climate Change, what the implications are for her Department's policy of the findings relating to the overcharging of customers set out in the summary report of the investigation being undertaken by the Competition and Markets Authority into the energy market in Great Britain published on 7 July 2015.


Answered by
Andrea Leadsom Portrait
Andrea Leadsom
Parliamentary Under-Secretary (Department of Health and Social Care)
This question was answered on 7th September 2015

The Competition and Markets Authority (CMA) published the Provisional Findings from their investigation into the energy markets in July alongside a notice of possible remedies to address the issues identified; their final report is not expected until December 2015. This Government is committed to implementing the recommendations the CMA will set out in their Final Report, but in the meantime we will continue our focus on keeping bills down through promoting competition, making switching quicker and easier, and providing direct help to the most vulnerable.

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