UK Parliament / Open data

Energy: Prices

Written question asked by Caroline Flint (Labour) on Thursday, 19 December 2013, in the House of Commons. It was due for an answer on Monday, 16 December 2013. It was answered by Michael Fallon (Conservative) on Thursday, 19 December 2013 on behalf of the Department of Energy and Climate Change.

Question

To ask the Secretary of State for Energy and Climate Change pursuant to his statement of 2 December 2013, Official Report, column 627, on energy bills, what assessment his Department has made of the effect of Ofgem's retail market review on consumer engagement in the energy market.

Answer

Ofgem's reforms under the Retail Market Review are creating a simpler, clearer and fairer energy market for consumers.

Since the end of August 2013, all suppliers have had to meet new standards of conduct set by Ofgem as part of the package of measures being introduced by the Retail Market Review. These require suppliers to treat all consumers fairly and in an honest, transparent and professional manner. They must also make sure that any information given to consumers is clear and easy to understand.

Ofgem's rules for fixed term tariffs were introduced in October. These rules ban suppliers from increasing prices on fixed-term tariffs. Suppliers are also banned from automatically rolling householders on to another fixed-term offer when their current one ends.

From 31 December 2013, Ofgem is banning suppliers from offering complex multi-tier tariffs, and limiting the number of tariffs suppliers may offer. Suppliers have taken steps to be compliant with these rules in advance of them coming into force.

The full package of measures being introduced by Ofgem will be in place by July 2014.

Type
Written question
Reference
180200; 572 cc739-740W
Session
2013-14
Energy Bills
Monday, 2 December 2013
Proceeding contributions
House of Commons
Back to top