Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he plans to take under the Energy Retail Market Strategy to (a) ensure that consumers can always choose the lowest price and (b) escalate duties on energy companies to finance investment in low-carbon technologies.
The Government is inviting views on how future policy can best achieve the vision set out earlier this year in the Energy Retail Market Strategy, and how the lessons from recent market developments should inform this to ensure the energy retail market is resilient, sustainable, and continues to protect consumers as we move to a net zero energy system. The Government aims to publish an updated Strategy as soon as possible, once the market has stabilised.