Energy Price Cap Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Wendy Morton
Main Page: Wendy Morton (Conservative - Aldridge-Brownhills)Department Debates - View all Wendy Morton's debates with the Department for Business, Energy and Industrial Strategy
Energy Price Cap
Wendy Morton Excerpts(7 years, 5 months ago)
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Greg Clark
I am not sure that I would give them the excuse of exchange rate movements. The Competition and Markets Authority has said that suppliers have unilateral market power over this part of their customer base. This is a regulated market. Ofgem has the powers to introduce and extend the price gap, and my view is that it should use those powers now.
Wendy Morton (Aldridge-Brownhills) (Con)
Going back to switching, does the Secretary of State think that more needs to be done to make it much easier to switch, particularly for our more vulnerable constituents?
Greg Clark
I agree with my hon. Friend. While there should certainly not be barriers in the way, it also should not be necessary for people to spend every evening on the internet checking whether their bill has gone up by an outrageous margin. If people are loyal to a brand, it is not unreasonable for them to expect to be treated reasonably, especially as that brand may be a trusted brand. The regulator should enforce that.