Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government what plans they have to increase the number of suppliers selling (1) gas, and (2) electricity, to (a) households, and (b) businesses.
The Government believes competition is the best driver of value and innovation in the energy market, giving households and businesses the best deals.
Together with Ofgem, the Government is considering what reforms are needed to improve competition and resilience in the energy retail market. In considering these reforms, the Government will take account of the lessons learned from the current market.
The Government is also working with the energy industry to put it on a more stable footing in the longer-term. This includes continuing to build a robust domestic renewable energy sector so that Government is less exposed to global volatility in natural gas supply and demand.