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Energy: Prices

Volume 497: debated on Tuesday 13 October 2009

To ask the Secretary of State for Energy and Climate Change pursuant to the answer of 7 July 2009, Official Report, column 681W, on energy: prices, when he expects the proposals on which Ofgem has consulted to be implemented. (289754)

On 21 September Ofgem released a note on the implementation of these measures. This is available from Ofgem's website at this address:

http://www.ofgem.gov.uk/Media/PressRel/Documents1/Remedies%20info%20note%20final.pdf

To ask the Secretary of State for Energy and Climate Change what recent assessment he has made of the effects of increases in energy prices on small and medium-sized businesses. (290748)

[holding answer 9 September 2009]: DECC is keenly aware of the impact of past increases in energy costs on small and medium sized businesses. Wholesale energy costs have fallen in recent months, creating the potential for businesses renewing contracts or agreeing new ones to look for price reductions in comparison with earlier in the year.

DECC welcomes the measures recently announced by Ofgem to improve the operation of the SME supply market. DECC receives information and considers data and analysis on the impacts of energy prices, from a number of sources. DECC publishes data on energy prices, based on energy consumption levels.