Gas Market Fraud

Derek Twigg Excerpts

Tuesday 13th November 2012 Commons Chamber

[Mr Davey]

That will depend on what the investigations find out. There are powers to take on individuals and companies that have committed wrong-doing. Depending on what the offence is shown to be—if an offence is indeed uncovered—there are civil and criminal penalties.

[Derek Twigg (Halton) (Lab)]

My constituents are becoming increasingly angry about the cost of living, about the rise in the cost of fuel and energy and, in particular, about the lack of Government action in getting a grip on the energy companies that have ripped them off. May I ask the Secretary of State one specific question? Before the whistleblower came to the attention of the Department, was any other information provided to suggest that this type of fraud was possible or going on?

[Mr Davey]

I am not aware of any such information. The first time I learned from the regulatory authorities about these allegations was on Friday afternoon, as I said in my statement. I have to say to the hon. Gentleman that this Government are taking a lot of action to help consumers with their electricity and gas bills, including through the warm home discount, which is helping 2 million of our most vulnerable citizens and taking £130 directly off the bills of 1 million of the lowest-income pensioners. We also have the green deal and the energy Bill, which will drive competition and ensure that we have competitive retail and wholesale energy markets.