Energy: Prices

(asked on 30th June 2014) - View Source

Question

To ask the Secretary of State for Energy and Climate Change, what recent discussions he has had with energy companies on retail and wholesale energy prices.


Answered by
Michael Fallon Portrait
Michael Fallon
This question was answered on 3rd July 2014

DECC Ministers and officials regularly have discussions with energy companies about a range of market issues.

In a competitive market, pricing decisions are a commercial matter for companies.

Consumers can put pressure on companies to reduce prices by switching to the best deal for them.

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