Smart Meters Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Lord Watts
Main Page: Lord Watts (Labour - Life peer)Department Debates - View all Lord Watts's debates with the Department for Business, Energy and Industrial Strategy
(5 years, 4 months ago)
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Lord Henley
My Lords, the noble Lord is quite right to point to dangers on that front. The Government will continue to keep the situation under review, but I can assure the noble Lord that we are not aware of any concerns.
Lord Watts (Lab)
My Lords, what will happen to the market if all customers switch to the cheapest provider?
Lord Henley
I hope that the market will be able to adapt to that and deal with it as it ought to; that is what markets are about. I know that noble Lords opposite do not like markets, but, in the main, they work rather well and provide opportunities for consumers to move to cheaper prices. That is why the number of energy suppliers has gone up dramatically, with more than 60 now operating in the country.