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1484185

registered interest
date	28/06/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Energy: Prices
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to help ensure that energy companies are able to offer competitive prices for (a) commercial and (b) residential premises.
tabling member constituency	Burton
tabling member printed	Kate Griffiths
uin	26862
answer	answer is ministerial correction date of answer 06/07/2022 answer text <p>Contractual terms offered to businesses are a commercial matter for energy suppliers. The Government encourages businesses to shop around to find the best deal. For domestic customers, the energy price cap will continue to ensure energy prices are limited.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 06/07/2022 14:23:47 answering member 1526 label Biography information for Greg Hands
tabling member	4773 label Biography information for Kate Kniveton

1484186

registered interest
date	28/06/2022
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Energy: Prices
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to help ensure a competitive market for domestic energy users.
tabling member constituency	Burton
tabling member printed	Kate Griffiths
uin	26863
answer	answer is ministerial correction date of answer 06/07/2022 answer text <p>The Government continues to believe that competition is the best driver of value and innovation in the energy market. However, there has been less scope for competition in the supply market during this period of high and volatile wholesale gas and electricity prices.</p><p> </p><p>The Government wants a retail energy market that is both resilient and competitive, with companies able to invest in innovation and offer products and services that support decarbonisation. The Government is considering what reforms are needed to retail market regulation and will set out its plans ahead of the next price cap period<ins class="ministerial">.</ins></p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 06/07/2022 14:22:23 question first ministerially corrected 06/07/2022 16:07:36 answering member 1526 label Biography information for Greg Hands previous answer version 11173 answering member constituency Chelsea and Fulham answering member printed Greg Hands answering member 1526 label Biography information for Greg Hands
tabling member	4773 label Biography information for Kate Kniveton