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Proceeding contribution from Peter Luff (Conservative) in the House of Commons on Monday, 19 March 2007. It occurred during Debate on bill on Consumers, Estate Agents and Redress Bill [Lords].

Consumers, Estate Agents and Redress Bill [Lords]

I shall be slightly less helpful to the right hon. Gentleman this time. It is important to record that many of us feel that Ofgem does a very good job in regulating the energy sector. It understands the problems of energy companies that bought forward in the market and therefore cannot reduce prices as wholesale prices fall. I am totally confident that Ofgem has a firm grip of the situation and as those wholesale prices fall, it will ensure that prices to consumers also come down, as they are now doing.

Secondary information

Type
Proceeding contribution
Reference
458 c605 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Complaints Compensation Criminal records Consumers Business Closures Direct selling Electricity Financial services Estate agents Gas and Electricity Consumer Council Qualifications Ofwat Protection Property transfer Natural gas Mergers Ombudsman Office of Fair Trading Postal services National Consumer Council Scotland Water supply Regulation Wales Rented housing Consumer Council for Postal Services Consumer Direct
Legislation
Consumers, Estate Agents and Redress Bill (HL) 2006-07
Link
View this Proceeding contribution on www.publications.parliament.uk