Ofgem is fit for purpose. It needs to ensure that the returns on network business are fair to enable profits, but not beyond that. That is why it has acted. It has asked the network companies to justify the current investment programmes that they have put to it.
Energy Bills
Proceeding contribution from
Ed Davey
(Liberal Democrat)
in the House of Commons on Monday, 2 December 2013.
It occurred during Ministerial statement on Energy Bills.
Type
Proceeding contribution
Reference
571 c634 
Session
2013-14
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2022-09-16 08:59:58 +0100
URI
http://hansard.intranet.data.parliament.uk/Commons/2013-12-02/13120212000237
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