Gas Prices and Energy Suppliers Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Kirsty Blackman
Main Page: Kirsty Blackman (Scottish National Party - Aberdeen North)Department Debates - View all Kirsty Blackman's debates with the Department for Business, Energy and Industrial Strategy
Gas Prices and Energy Suppliers
Kirsty Blackman Excerpts(3 years, 3 months ago)
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Kwasi Kwarteng
My hon. Friend knows that competition is the key to this market. We had a world that was oligopolistic in this respect, but we have introduced the price cap, and there are plenty of small, nimble entrants driving innovation and a dynamic system. I am absolutely committed to a competitive market, and I am sure that after this process we will still have a vibrant and dynamic energy system.
Kirsty Blackman (Aberdeen North) (SNP)
Too many people nowadays have to watch every single penny, and have to worry about where all the money to pay the bills will come from. Will the Secretary of State have a look at the amount of time that it takes a supplier of last resort to provide people with an accurate forecast for their energy costs, and, if possible, try to reduce the period during which they experience that uncertainty?
Kwasi Kwarteng
I would be very happy look at that, as the hon. Lady suggests. I have said many times, I am in contact with Mr Brearley, the chief executive officer of Ofgem, on practically a daily basis now, and this is something that I can raise with him at our next meeting.