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Energy: Meters

Asked by Edward MorelloLiberal DemocratDepartment for Energy Security and Net ZeroTabled Answered 20 December 2024UIN 19581

The question

To ask the Secretary of State for Energy Security and Net Zero, whether his Department consulted (a) consumer groups and (b) energy providers on the reduction of off-peak tariff periods associated with smart meters.

Answered by Miatta Fahnbulleh

The Government recognises the importance of time of use tariffs, and we are putting in place reforms such as Smart Metering and the Market-wide Half Hourly Settlement to support the growth of these products. Tariff setting is a matter for suppliers, and is regulated by Ofgem, including through the price cap which already has a variant to accommodate multi-rate tariffs such as Economy 7.

I regularly engage with stakeholders, including consumer groups and energy suppliers, to ensure that the sector meets the differing needs of consumers.

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