Energy Price Cap Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Giles Watling
Main Page: Giles Watling (Conservative - Clacton)Department Debates - View all Giles Watling's debates with the Department for Business, Energy and Industrial Strategy
Energy Price Cap
Giles Watling Excerpts(7 years, 4 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
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Greg Clark
There is a clear expectation that I want the detriment that the CMA has identified to be tackled once and for all. Ofgem has said that it will consult consumer groups, and I hope and expect that those consumer groups will share my hon. Friend’s analysis.
Giles Watling (Clacton) (Con)
Will my right hon. Friend join me in welcoming Ofgem’s acknowledgment regarding the ability to put a cap in place? Should we not urge it to use the power fully?
Greg Clark
My hon. Friend is right, and the proposal to consult consumer groups and to go beyond the CMA’s remedies—at least what the majority report of the CMA recommended—is welcome. As I said, that is a step in the right direction, but I would want to see this put out in detail and implemented before I would be satisfied with it.