Energy: Competition

(asked on 4th September 2015) - View Source

Question

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.


Answered by
Andrea Leadsom Portrait
Andrea Leadsom
This question was answered on 11th September 2015

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.

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