Business: Energy
The question
To ask the Secretary of State for Energy Security and Net Zero, what recent discussions he has had with Ofgem regarding the regulation of the non-domestic energy market.
Answered by Martin McCluskey
The Government and Ofgem continuously monitor the non-domestic energy market to ensure that good outcomes are being delivered for all consumers.
Recently, the Secretary of State and Ofgem’s Interim CEO wrote to non-domestic supplires and Third-Party Intermediaries (TPIs) to set out their expectations on how consumers should be supported during the current energy price volatility.
The Government and Ofgem have collaborated to deliver a range of interventions in response to the findings of Ofgem’s non-domestic market review and the Government plans to directly regulate TPIs, by appointing Ofgem as regulator when parliamentary time allows. This will protect non-domestic consumers from exploitative and harmful practices employed by some TPIs.
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