Written question asked by Chris Ruane (Labour) on Monday, 5 March 2012, in the House of Commons. It was due for an answer on Wednesday, 7 March 2012. It was answered by Charles Hendry (Conservative) on Wednesday, 21 March 2012 on behalf of the Department of Energy and Climate Change.
Energy: Prices
- Question
- To ask the Secretary of State for Energy and Climate Change if he will commission an inquiry into fair pricing of energy.
- Answer
-
A public inquiry could take up to a year to complete and may require primary legislation afterwards to deliver any outcomes. The process would be likely to delay Ofgem's planned retail market reforms which are aimed at simplifying complex tariff structures, increasing transparency and improving information provided to consumers.Ofgem monitors the market closely to ensure consumers pay a fair price for their energy. Our competitive energy market has ensured that British households pay some of the lowest prices for gas and electricity in Europe.
Secondary information
- Type
- Written question
- Reference
- 98924; 542 c760W
- Session
- 2010-12
- Subjects
- Energy Prices
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2013-11-20 03:34:13 +0000
- URI
- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1677050
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1677050
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1677050