Energy Price Cap Debate
Full Debate: Read Full DebateJames Heappey
Main Page: James Heappey (Conservative - Wells)Department Debates - View all James Heappey's debates with the Department for Business, Energy and Industrial Strategy
(7 years, 5 months ago)
Commons ChamberUrgent Questions are proposed each morning by backbench MPs, and up to two may be selected each day by the Speaker. Chosen Urgent Questions are announced 30 minutes before Parliament sits each day.
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No, it was this Government who referred the whole industry to the Competition and Markets Authority. When the right hon. Member for Doncaster North (Edward Miliband) was Energy Secretary, I urged this measure on him, and he rejected it flat, so it is this Government who have exposed the level of the detriment, and it is this Government who are acting to put a cap in place to prevent this abuse—that did not happen under Labour.
As welcome as a price cap will undoubtedly be, does the Secretary of State agree that the real key to bringing down prices for consumers is the liberalisation of the energy market through the digitisation of the energy system, storage in front of and behind the meter, and a demand-side response?
My hon. Friend, who is well informed about such issues, is absolutely right. The opportunity that smart meters bring is that people can have much more knowledge and control of their energy use, and use that to get the best deals available. That is why the roll-out of smart meters is such an important part of our reforms to the energy market.