Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to Ofgem’s July 2018 Call for Evidence on Future Supply Market Arrangements, what assessment he has made of the potential merits of reforming the supplier hub model.
The December 2020 Energy White Paper committed the Government to review the overall retail market regulatory framework, including for energy supply, to make sure that it is fit for purpose in the future, and accommodates emerging and innovative business models that can best meet consumer needs and contribute to our net-zero ambitions. The Government will engage with industry and consumer groups this year to assess what market framework changes may be required, in advance of a formal consultation.